Listing provided courtesy of Virgil Adams Real Estate, Inc.NWMLSMLS# NWM2480043MLS Provider
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A premier commercial development opportunity awaits with this fully approved Planned Unit Development, designed for six buildings featuring 88 total units and a 3,000 sq ft commercial pad. The Station @ Shelton Springs is poised to deliver much-needed housing to the area, with plans for 84 apartment units, 4 townhomes, and flexible mixed-use potential.Positioned along Hwy 101 with convenient access from Shelton Springs Road and directly across from Sanderson Airfield, this high-visibility location offers excellent connectivity to Olympia and I-5, just 25 miles away. The property spans three parcels totaling 3.6 acres within Mason County’s Urban Growth Area and sits in an Opportunity Zone, offering potential tax deferral benefits for up to 10 years.The years-long approval process has already secured water and sewer availability, high-density allowances, parking and open-space approvals, and mixed-use zoning — giving the next owner a near shovel-ready project. Development can be completed in phases, and the zoning allows for multiple pathways if residential is not the preferred use.With its strategic location, flexible zoning, and significant income-producing potential, this project represents a rare chance to deliver a legacy development in one of Shelton’s most promising growth corridors.

Source: NWMLS, MLS#: NWM2480043

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  • Property Type
    Commercial Sale
  • Lot
    3.60 acres

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Nita Jackson

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  • Median Age
    41
  • Population Density
    100
  • College Educated
    29%
  • Estimated Median Income
    $60,388
  • Estimated Total Home Owners
    10,032
  • Estimated Total Renters
    3,729
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    3
  • Total Population
    37,698
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 11750 N US Highway 101


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/13/2026Source: NWMLS Added to Database
February 13, 2026
8/19/2024Source: NWMLS Status Change
Sold
3/2/2024Source: NWMLS Status Change
Pending
1/5/2023Source: NWMLS Status Change
Pending Feasibility
9/28/2022Source: NWMLS Price Increase
$949,000 5.7%
6/20/2022Source: NWMLS Added to Database
February 23, 2022