Description
Aggressive development area AND in an OPPORTUNITY ZONE! City supports higher density zoning in this area. Land ready to develop 100 unit plus in the Port Orchard. R2 zoned. City encouraged a site-specific re-zone to R3 for a potential 100+\- units. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Additionally, the demand for apartments in South Kitsap is very strong with low vacancy rate. Forest Song Apartments, across the street, currently in the development process. Great location with EZ access to Hwy 16, downtown PO and the ferry to Bremerton & Seattle.
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0BEDS
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2.7ACRES
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0BATHS
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01/2 BATHS
School Information
Listing information ©2023 Northwest MLS. Listing courtesy of Old Towne Realty.
Mortgage Calculator is provided by BoomTown.
Description
Aggressive development area AND in an OPPORTUNITY ZONE! City supports higher density zoning in this area. Land ready to develop 100 unit plus in the Port Orchard. R2 zoned. City encouraged a site-specific re-zone to R3 for a potential 100+\- units. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Additionally, the demand for apartments in South Kitsap is very strong with low vacancy rate. Forest Song Apartments, across the street, currently in the development process. Great location with EZ access to Hwy 16, downtown PO and the ferry to Bremerton & Seattle.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than TRI STAR Team | RE/MAX NW are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-11-29T00:14:18.313. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-11-29T00:14:18.313. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.