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    115 New View Ct NE Olympia Olympia, WA 98506

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    For Sale
    $5,050,000

    Class A medical building with additional lots for future development.

    Property Features for 115 New View Ct NE Olympia

    General Information

    Standard status
    Active

    Building Details

    Year built
    2009

    Source: KIDDER MATHEWS Agent EVAN PARKER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Building on 1.1 Acres

    This property features a Class A medical building situated on 1.1 acres. The sale includes two additional lots totaling 1.47 acres, which can be utilized for overflow parking or future development. The property benefits from a location close to I-5 and Providence Hospital amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pacific Cataract and Laser ... Eye Care Center Shaun K. Coombs, ... Optometrist Dr. Robert Ford Ophthalmologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Olympia Pet Emergency, VCA Lacey Animal Hospital, Paul Chauvin, Blair Burggren, VCA Animal Hospitals

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.839954
    Latitude
    47.048203

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    FAQs

    What type of property is this?
    Medical office - Class A medical building with additional lots for future development.
    Where is this medical office located?
    The property is located at 115 New View Ct NE Olympia Olympia, WA.
    What is the asking price?
    The asking price for this property is $5,050,000.
    What are key features of this property?
    This property features: - Class A Medical Building; - Includes two additional lots (1.47 acres) for parking or development; - Great location near I-5 and Providence Hospital
    Request Owner's contact information
    115 New View Ct NE Olympia Olympia, WA 98506
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    Olympia, WA 98506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 New View Ct NE Olympia Olympia, WA 98506
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