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    1900 Caton Way SW Olympia, WA 98502

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    For Sale
    $3,200,000

    6.64 acres in Olympia suitable for multi-family or business parks.

    Property size:
    289,238 SF

    Property Features for 1900 Caton Way SW

    General Information

    Standard status
    Active
    Size
    289,238 SF

    Source: GREENE COMMERCIAL Agent QUINT NEWELL

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

    Overview

    Olympia Land for Multi-Family Development

    This 6.64-acre property, comprising six parcels, presents a multi-family development opportunity within the City of Olympia. Zoned RM-18, the location is suitable for future multi-family projects or business parks. The property is centrally located minutes from Black Lake Blvd amenities, SPSCC, and the freeway. Utilities are available on the cul-de-sac.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9228544
    Latitude
    47.0308927

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    FAQs

    What type of property is this?
    Commercial land - 6.64 acres in Olympia suitable for multi-family or business parks.
    Where is this commercial land located?
    The property is located at 1900 Caton Way SW Olympia, WA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Multi-family development opportunity on 6.64 acres.; - RM-18 density allows for multi-family projects or business parks.; - Centrally located in Olympia, minutes from Black Lake Blvd amenities, SPSCC, and the freeway.
    Request Owner's contact information
    1900 Caton Way SW Olympia, WA 98502
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    Olympia, WA 98502
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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
    1900 Caton Way SW Olympia, WA 98502
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