TBD SE Bypass Dr Parcel 4

Description

MLS# 292430 Secure a residential development site in Southeast Pullman with this 5.03-acre R3-zoned parcel. Located within one mile of the Washington State University campus, this property offers a high-density opportunity for multi-family projects. The site features a buildable area of approximately 2.52 acres, identified for its utility as a residential development envelope. Under R3 (Medium-Density Multi-Family) zoning, the land supports up to 29 dwelling units per acre, with potential for increased density via Planned Residential Development (PRD) standards. With a 50-foot maximum building height, the site is suited for multi-story apartments, student housing, townhomes, or senior living facilities. Connectivity is established via a recorded, perpetual access and utility easement through the adjacent Riverview Apartments development, providing a direct link to the SE Bypass Drive. City utilities—including water, sewer, power, and gas—are available at the easement area. The property is located near major regional hubs, including Pullman Regional Hospital, Schweitzer Engineering Laboratories (SEL), and the Palouse Business Center. Local retail, including Walmart and Safeway, is easily accessible. This parcel represents one of the few remaining R3-zoned opportunities of this scale in the area. Record of Survey and preliminary data are available for review. Perfect for a 1031 Exchange opportunity.