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    Olympia, WA Commercial Land for Sale

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    Tumwater, WA Lacey, WA Shelton, WA
    18 results
    Prime Land at Signalized Intersection
    $3,025,000
    2.17 Acres

    Prime Land at Signalized Intersection

    7707 Martin Way E, Olympia, WA 98516

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

    • 2.17 acres at a signalized intersection on Martin Way
    • High‑visibility location in Mixed Use High Density Corridor zone
    • Exceptional flexibility for retail, mixed‑use, or multifamily concepts
    • Opportunity for interim income during planning and feasibility
    • Sewer available in the street
    Updated: Jan 8
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    Prime Development Parcel in Yelm
    $1,330,000
    2.35 Acres

    Prime Development Parcel in Yelm

    0 NE Plaza Dr SE, Olympia, WA

    Development-ready 2.35-acre parcel with C-1 zoning and utilities.

    • Development‑ready 2.35‑acre parcel with all off‑site utilities and infrastructure in place, enabling an expedited project timeline.
    • Flexible C‑1 zoning allows for diverse uses.
    • Located near major national retailers, ensuring strong consumer traffic.
    • Strong demographics with average household income exceeding $100,000 within a 5‑mile radius.
    • Significant population growth (74% since 2000) indicates continued demand.
    Updated: Nov 24, 2025
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    Olympia Commercial Land For Sale
    $4,250,000
    0.87 Acres

    Olympia Commercial Land For Sale

    Commercial land available for sale in Olympia, Washington.

    4131 Martin Way E, Olympia, WA
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    Downtown Olympia Redevelopment Opportunity
    $900,000
    0.33 Acres

    Downtown Olympia Redevelopment Opportunity

    Commercial lot in downtown Olympia with redevelopment potential.

    317 State Ave NE, Olympia, WA
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    Retail and Industrial Opportunity
    $6,150,000
    32,482 SF

    Retail and Industrial Opportunity

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

    3729 Pacific Ave SE, Olympia, WA
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    Olympia Westside Land Opportunity
    $200,000
    0.41 Acres

    Olympia Westside Land Opportunity

    Rare lot in Olympia's Westside business district.

    3608 7th Avenue SW, Olympia, WA 98502
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    Olympia Land Parcel For Sale
    $155,900
    1.51 Acres

    Olympia Land Parcel For Sale

    1.5 acre parcel near shopping, restaurants, and downtown.

    5820 Old Highway 410 SW, Olympia, WA 98512
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    Olympia Commercial Land Opportunity
    $695,000
    5,392 SF

    Olympia Commercial Land Opportunity

    Commercial land available in Parkmont Business Park, Olympia.

    2626 12th Ct SW, Olympia, Olympia, WA 98502
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    Olympia Commercial Lot For Sale
    $1,199,000
    0.45 Acres

    Olympia Commercial Lot For Sale

    Vacant commercial lot with redevelopment potential in desirable area.

    400 State Ave NE, Olympia, WA 98501
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    Olympia Development Opportunity Available
    $5,300,000
    19.55 Acres

    Olympia Development Opportunity Available

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

    609-709 Sleater Kinney Rd NE, Olympia, WA
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    Land Near Steamboat Island
    $250,000

    Land Near Steamboat Island

    Land with completed reports and approvals near Totten Inlet.

    8900 Adams Lane #2, Olympia, WA 98502
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    Olympia Land Parcel Near Hospital
    $875,000
    1.99 Acres

    Olympia Land Parcel Near Hospital

    1.99 acre commercial land parcel near St Peter Hospital.

    120 Pattison Street NE, Olympia, WA 98506
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    Olympia Land Parcel For Sale
    $350,000

    Olympia Land Parcel For Sale

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

    300 Pattison St NE, Olympia, WA 98506
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    Commercial Lot Redevelopment Opportunity
    $1,199,000
    0.45 Acres

    Commercial Lot Redevelopment Opportunity

    Vacant commercial lot with redevelopment potential in desirable location.

    400 State Ave NE, Olympia, WA
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    Tumwater Light Industrial Parcel
    $450,000

    Tumwater Light Industrial Parcel

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

    9733 Lathrop Industrial Dr SW, Olympia, WA 98512
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    Commercially Zoned Land on Martin
    $4,200,000
    200,376 SF

    Commercially Zoned Land on Martin

    4.6 acres of commercially zoned land with high-density potential.

    7226 Martin Way E, Olympia, WA 98516
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    Two Flat Lots Near I-5
    $599,000
    0.99 Acres

    Two Flat Lots Near I-5

    Two commercial lots totaling 1.9 acres in developing Tumwater area.

    7340 Prine Drive SW, Olympia, WA 98512
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    Olympia Land Parcel For Sale
    $6,300,000
    9.62 Acres

    Olympia Land Parcel For Sale

    9.62 acres near medical center, zoned for diverse uses.

    3909 9 Ave SW, Olympia, WA 98502
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Olympia, WA, we suggest to view alternatives - similar 24 Off-Market properties to explore as potential leads.

    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
    Lot: 0.39 Acres
    Value Estimation by Request

    Olympia, WA 98512

    View details
    310 4th E Ave
    VACANT COMMERCIAL LAND
    7,706 SF Lot: 0.17 Acres
    Estimated value
    $605,000

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

    View details
    3444 Bay NE Rd
    VACANT COMMERCIAL LAND
    Lot: 0.96 Acres
    Estimated value
    $715,000

    3444 Bay NE Rd, Olympia, WA 98506-2958

    View details
    300 5th Ave Swblk
    VACANT COMMERCIAL LAND
    Lot: 0.17 Acres
    Value Estimation by Request

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

    View details
    1630 Bay NE Rd
    VACANT COMMERCIAL LAND
    Lot: 0.36 Acres
    Value Estimation by Request

    1630 Bay NE Rd, Olympia, WA 98506-3529

    View details
    724 Columbia NW St
    VACANT COMMERCIAL LAND
    Lot: 0.56 Acres

    724 Columbia NW St, Olympia, WA 98501-1291

    View details

    Olympia, WA Commercial Land Investment Opportunities Market Analysis

    Explore 42 commercial land for sale in Olympia, WA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 238,250 square feet of properties for sale, with an estimated market value of $11,045,000.

    Sale prices for commercial lots in Olympia, WA start at $695,000, averaging $3,681,666, and reaching up to $6,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial land 18
    Waterfront Land 7
    Residential land & home lots 6
    Industrial land 4
    Agricultural land / Farmland 3

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    98512 $401.6K
    98506 $612.5K
    98501 $1.2M
    98502 $1.9M
    98516 $3.6M

    Taxes & Financing

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

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    Most Searched ZIP Codes in Olympia, WA

    • 98502
    • 98512
    • 98506
    • 98516
    • 98501

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