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    2865 37Th Ave SW Olympia, WA 98512

    For Sale
    $1,050,000

    1.51 acre light industrial land available in Tumwater, Washington.

    Property size:
    65,776 SF

    Property Features for 2865 37Th Ave SW

    General Information

    Standard status
    Active
    Size
    65,776 SF

    Source: NWC - KV LLC Agent BRUCE VALENTINE

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

    Overview

    Tumwater Light Industrial Land Available

    This 1.51-acre (65,775 SF) land is zoned for light industrial use and is located within the city of Tumwater. Storm improvements have already been completed on the property. The site can accommodate 17,000 SF of business park space and is available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Skin Care Clinic Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.9423364
    Latitude
    47.0132158

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    FAQs

    What type of property is this?
    Commercial land - 1.51 acre light industrial land available in Tumwater, Washington.
    Where is this commercial land located?
    The property is located at 2865 37Th Ave SW Olympia, WA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - 1.51 Acre (65,775 SF) Land Size; - Light Industrial Zoning; - Can accommodate 17,000 SF of business park space
    Request Owner's contact information
    2865 37Th Ave SW Olympia, WA 98512
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    Olympia, WA 98512
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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
    2865 37Th Ave SW Olympia, WA 98512
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