Olympia, WA Land for Sale

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Updated: Aug 24

Multi-Family

521 & 523 Boulevard Rd SE, Olympia, WA 98501

$499,950

1,608 sqft

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This listing looks promising.

Here's a quick look at some key insights for

521 & 523 Boulevard Rd SE, Olympia, WA 98501

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$22K
Annual
Price @ 7% Cap

$312K
Suggested
Property Type

Single Family Residence
Built 1965

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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

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Industrial Land Near I-5

8838 Blomberg Street Southwest, Olympia, WA 98512

$2,580,317

9 sqft 9.00 AC lot

9-acre industrial land parcel with I-5 access.

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9.54 Acres Land For Sale

808 73rd Avenue Southeast, Olympia, WA 98501

$2,950,000

9 sqft 9.54 AC lot

9.54 acres of land available for sale.

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Olympia Land Parcel For Sale

1215 Ethel St NW, Olympia, WA 98502

$1,100,000

269,526 sqft 6.19 AC lot

Large land parcel available in Olympia, Washington.

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Olympia Land for Sale

1104 Kingham St NE, Olympia, WA 98516

$675,000

47,179 sqft 1.08 AC lot

Land available in Olympia, Washington.

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Zoned High-Density Development Land

509 Mcphee Rd Sw, Olympia, WA 98502

$475,000

0.97 AC lot

Nearly one-acre level parcel zoned HDC-4 for high-intensity commercial, office, and high-density multifamily uses.

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Olympia Industrial Land For Sale

2407 Maytown Rd SW, Olympia, WA 98512

$5,000,000

8,160 sqft

Industrial land suitable for freight and logistics companies.

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Buildable Residential Land Parcel

2525 Willa St Ne, Olympia, WA 98516

$219,000

1.90 AC lot

Level, cleared building site on a nearly two-acre parcel with power access and perk holes on the north side.

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Olympia Multifamily Development Opportunity

2005 End St, Olympia, WA 98502

$1,300,000

132,422 sqft

Investment opportunity in Olympia's Goldcrest/Burbank neighborhood.

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Residential Golf Course Lot

3726 Kinsale Ln Se, Olympia, WA 98501

$495,000

0.40 AC lot

Last large lot with 0.40-acre level building pad potential overlooking the golf course.

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Flat Cul-de-Sac Home Site

4814 93rd Avenue Southeast, Olympia, WA 98513

$349,000

1.55 AC lot

Flat, level land in a quiet cul-de-sac setting with mature trees and room for a custom home site.

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Cleared Residential Building Lot

12200 Shadowbrook Dr Sw, Olympia, WA 98512

$139,900

5.00 AC lot

5-acre lot with approved 3-bedroom septic design, power on-site, and an installed 45 GPM well.

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Residential Development Land with Approved Plat

8623 Steilacoom Road Southeast, Olympia, WA 98513

Contact for pricing

55,757 sqft

Shovel-ready 7-lot short plat approval on acreage with an existing duplex and approved civil plans for utilities and site improvements.

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Black Lake Waterfront Land Parcel

4937 Black Lake Boulevard Southwest, Olympia, WA 98512

$280,000

2.50 AC lot

2.5 acre waterfront land with views of Black Lake.

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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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Waterfront Development Land Parcel

8511 Schirm Rd Nw, Olympia, WA 98502

$390,000

6.62 AC lot

Corner waterfront lot with conditional site approval and a septic system already installed.

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Residential Development Lot

3008 18th Avenue Southeast, Olympia, WA 98501

$245,000

0.76 AC lot

0.76-acre residential lot in Olympia with R6-12 zoning and utilities available in the street.

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Infill Apartment Development Land

727 Adams St SE, Olympia, WA 98501

Contact for pricing

0.26 AC lot

Urban infill lot with plans for a four-story, 38-unit apartment building and convenient access to major transportation corridors.

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Forested Recreation Land

9207 Old Olympic Hwy Nw, Olympia, WA 98502

$399,000

Forested acreage with shared-well access, mountain and territorial views, and options for recreational use or a small home.

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Level Farmland with Water Rights

939 101st Ave Se, Olympia, WA 98501

$479,950

Level fenced acreage includes a pond, greenhouse, and detached shop/barn.

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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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Vacant RV Resort Lot with Utilities

124-1546 Reservation Rd Se, Olympia, WA 98513

$100,000

0.07 AC lot

Vacant lot with utilities ready and brand-new septic system for a park model or RV use.

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Ready-to-Build Subdivision Lots

0 79th Ave Se, Olympia, WA 98501

$1,999,000

Sixteen ready-to-build lots are served by paved roads and utilities already in the street.

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Olympia, WA Land Market Trends and Statistics

Explore 94 land for sale in Olympia, WA, showcased through 94 active listings on our real estate platform. These investment opportunities span a total of 11,300,616 square feet of properties for sale, with an estimated market value of $45,403,116.

Sale prices for lots in Olympia, WA start at $30,000, averaging $639,480, 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

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
Olympia - 98501	$741.1K
Lacey - 98503	$1.8M

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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