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    Olympia, WA
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    Olympia, WA Commercial Land for Sale

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    16 properties
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    Level Graded Commercial Land Pad
    Updated: Jun 11
    Level Graded Commercial Land Pad

    2520 Park View Street Northeast, Olympia, WA 98506

    $1,199,000
    0.96 AC lot
    0.96‑acre Mill Pond commercial pad site with 26th Avenue frontage
    Level, graded pad ready for retail, commercial, or office development
    All utilities are at the street, with frontage improvements completed
    Located within City of Olympia jurisdictions
    Address: 2520 Park View Street NE, Olympia, WA 98506
    View details
    Zoned High-Density Development Land
    Updated: Jun 3
    Zoned High-Density Development Land

    509 Mcphee Rd Sw, Olympia, WA 98502

    $475,000
    0.97 AC lot
    0.97‑acre level development site in West Olympia.
    Zoned High Density Corridor 4 (HDC‑4), designed for a compatible mix of high‑intensity commercial spaces, professional offices, and high‑density multifamily development.
    Centrally located near Capital Mall, MultiCare Capital Medical Center, and Olympia Orthopaedics Associates' Surgery Center.
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    HDC-4 Commercial Land
    HDC-4 Commercial Land

    509 Dehart Dr SE, Olympia, WA 98501

    $445,000

    HDC-4-zoned land with an existing fire-damaged structure and redevelopment potential in Olympia.

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    See what stands out in Thurston County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Prime Land at Signalized Intersection
    Prime Land at Signalized Intersection

    7707 Martin Way E, Olympia, WA 98516

    $3,025,000
    2.17 AC lot

    2.17 acres of high-visibility land suitable for mixed-use development.

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    Olympia Development Opportunity Available
    Olympia Development Opportunity Available

    609 Sleater Kinney Rd NE, Olympia, WA 98506

    $5,300,000
    851,598 sqft

    Development opportunity near schools, shopping, freeway, and other services.

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    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    7707-7803 Martin Way E, Olympia, WA 98516

    Contact for pricing

    Three adjoining parcels in a Mixed Use High Density Corridor zone include existing improvements and sewer availability in the street.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail and Industrial Opportunity
    Retail and Industrial Opportunity

    3729 Pacific Ave SE, Olympia, WA 98501

    Contact for pricing
    32,482 sqft

    Family-owned retail and industrial property with high-traffic location.

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    Commercial Land Near Retail Anchors
    Commercial Land Near Retail Anchors

    1305 Cooper Pt Rd SW, Olympia, WA 98502

    Contact for pricing

    Commercial land near established retail destinations with environmental remediation planning underway.

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    Land Near Steamboat Island
    Land Near Steamboat Island

    8900 Adams Lane #2, Olympia, WA 98502

    $250,000

    Land with completed reports and approvals near Totten Inlet.

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    Olympia Commercial Lot For Sale
    Olympia Commercial Lot For Sale

    400 State Ave NE, Olympia, WA 98501

    Contact for pricing
    0.45 AC lot

    Vacant commercial lot with redevelopment potential in desirable area.

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    Mixed-Use Property with Auxiliary Building
    Mixed-Use Property with Auxiliary Building

    2210 Black Lake Blvd SW, Olympia, WA 98512

    Contact for pricing

    Two parcels offer office, residential, and small-scale commercial use within PO/RM zoning, with parking and an existing commercial building.

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    Land
    Land

    3602 SW 7th Ave, Olympia, WA 98502

    Contact for pricing

    Commercial land

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    Olympia Land Parcel For Sale
    Olympia Land Parcel For Sale

    300 Pattison St NE, Olympia, WA 98506

    $350,000

    2.2 acres of HDC-4 zoned land with development potential.

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    Olympia Development Opportunity Available
    Olympia Development Opportunity Available

    609-709 Sleater Kinney Rd NE, Olympia, WA

    Contact for pricing
    19.55 AC lot

    Development opportunity near schools, shopping, freeway, and transit.

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    Tumwater Light Industrial Parcel
    Tumwater Light Industrial Parcel

    9733 Lathrop Industrial Dr SW, Olympia, WA 98512

    $450,000

    2-acre light industrial parcel in Tumwater, near I-5.

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    Olympia Land on Yelm Highway
    Olympia Land on Yelm Highway

    2915 Yelm Hwy SE, Olympia, WA

    Contact for pricing
    8.83 AC lot

    8.83 acre commercial land with high traffic volume.

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    Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 16 Active listings in Olympia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Retail Redevelopment Assemblage
    Prime Retail Redevelopment Assemblage

    5301 Capitol Blvd SE, Tumwater, WA 98501

    Contact for pricing
    7,800 sqft 1.80 AC lot

    1.80 acres of land zoned for General Commercial use.

    View details
    Zoned Mixed-Use Development Land
    Zoned Mixed-Use Development Land

    4468 Pacific Ave SE, Lacey, WA 98503

    Contact for pricing
    0.29 AC lot

    Level commercial land is zoned Woodland District with access via easement from Pacific Avenue and future 10th Ave SE extension.

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    Commercial Land at High-Traffic Intersection
    Commercial Land at High-Traffic Intersection

    4004 Pacific Ave SE, Lacey, WA 98503

    Contact for pricing

    Commercial pad site in Pacific Station Shopping Center with strong co-tenancy and high-visibility at a major intersection.

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    Tumwater Redevelopment Opportunity
    Tumwater Redevelopment Opportunity

    3507 Capitol Blvd SE, Tumwater, WA 98501

    Contact for pricing
    5,085 sqft 0.63 AC lot

    Prime corner lot in Tumwater's Brewery District.

    View details

    Off-Market Properties in Olympia, WA

    Consider similar Off-Market properties in Olympia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Olympia, WA 98512
    VACANT COMMERCIAL LAND

    Olympia, WA 98512

    $275,000
    Estimated value
    0.39 AC lot
    View details
    310 4th E Ave
    VACANT COMMERCIAL LAND

    310 4th E Ave, Olympia, WA 98501-1107

    $605,000
    Estimated value
    7,706 sqft 0.17 AC lot
    View details
    3444 Bay NE Rd
    VACANT COMMERCIAL LAND

    3444 Bay NE Rd, Olympia, WA 98506-2958

    $715,000
    Estimated value
    0.96 AC lot
    View details
    300 5th Ave Swblk
    VACANT COMMERCIAL LAND

    300 5th Ave Swblk, Olympia, WA 98501-1015

    $280,000
    Estimated value
    0.17 AC lot
    View details
    1630 Bay NE Rd
    VACANT COMMERCIAL LAND

    1630 Bay NE Rd, Olympia, WA 98506-3529

    $255,000
    Estimated value
    0.36 AC lot
    View details
    724 Columbia NW St
    VACANT COMMERCIAL LAND

    724 Columbia NW St, Olympia, WA 98501-1291

    $270,000
    Estimated value
    0.56 AC lot
    View details
    704 Columbia NW St
    VACANT COMMERCIAL LAND

    704 Columbia NW St, Olympia, WA 98501-1292

    $270,000
    Estimated value
    0.46 AC lot
    View details
    7115 Martin E Way
    VACANT COMMERCIAL LAND

    7115 Martin E Way, Olympia, WA 98516-5535

    $240,000
    Estimated value
    1.72 AC lot
    View details

    Olympia, WA Commercial Land Market Trends and Statistics

    Explore 40 commercial land for sale in Olympia, WA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 2,318,511 square feet of properties for sale, with an estimated market value of $11,494,000.

    Sale prices for commercial lots in Olympia, WA start at $250,000, averaging $1,436,750, and reaching up to $5,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 67
    Commercial land 24
    Waterfront Land 14
    Agricultural land / Farmland 6
    Industrial land 5

    Demographics Overview

    Population 241K
    Population Growth (5Y) +8.3%
    Median Household Income $94,198
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Olympia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98502 $362.5K
    98501 $445K
    98512 $450K
    98506 $2.3M
    98516 $3M

    Taxes & Financing

    Tax Rate (average for all types) 0.90%
    Property Tax per SF $10.62 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Olympia fall within the 1 to 5 acres range.

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    Most Searched ZIP Codes in Olympia, WA

    • 98502
    • 98501
    • 98506
    • 98512
    • 98516

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