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    7226 Martin Way E Olympia, WA 98516

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    For Sale
    $4,400,000

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

    Property size:
    200,376 SF

    Property Features for 7226 Martin Way E

    General Information

    Size
    200,376 SF

    Source: KIDDER MATHEWS Agent EVAN PARKER

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

    Overview

    Commercially Zoned Land on Martin

    This property features three parcels totaling 4.6 acres of commercially zoned land. The site has approximately 400 feet of frontage on Martin Way and a depth of 500 feet. Zoned for high-density commercial use, the property is located on a bus line and is surrounded by amenities.
    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
    -122.7850385
    Latitude
    47.0535566

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    FAQs

    What type of property is this?
    Commercial land - 4.6 acres of commercially zoned land with high-density potential.
    Where is this commercial land located?
    The property is located at 7226 Martin Way E Olympia, WA.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: - 4.6 acres of Commercially zoned property; - High Density Commercial zoning; - Approximately 400' of Martin Way frontage
    Request Owner's contact information
    7226 Martin Way E Olympia, WA 98516
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    Olympia, WA 98516
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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
    7226 Martin Way E Olympia, WA 98516
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