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    3912 Martin Way E Olympia Olympia, WA 98506

    For Sale
    $3,950,000

    Two well-maintained office buildings on Martin Way, one fully leased.

    Property size:
    16,468 SF

    Property Features for 3912 Martin Way E Olympia

    General Information

    Standard status
    Active
    Size
    16,468 SF

    Building Details

    Year built
    2006

    Source: COLDWELL BANKER/EVERGREEN Agent DEBORAH DRAPER-AIKINS

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

    Overview

    Two Olympia Office Buildings on Martin

    Two well-maintained office buildings are available for sale on busy Martin Way. Each building is approximately 8,200 square feet, totaling 16,468 square feet. One building is fully leased, while the other will be vacant at closing. The vacant building can also be purchased separately for $1,875,000 after a lot split.
    Location Intelligence

    Current Use by Public Records

    Elizabeth A. Schick, PT Physical Therapist Knust Katie L Family Counselor Holistic Mystic Mermaid ... Health Consultant Astrid Robertson Counselor Laura Y. Gustavson, ... Psychotherapist

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.838158
    Latitude
    47.048291

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    FAQs

    What type of property is this?
    Office building - Two well-maintained office buildings on Martin Way, one fully leased.
    Where is this office building located?
    The property is located at 3912 Martin Way E Olympia Olympia, WA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Two office buildings on busy Martin Way.; - One building is fully leased, providing immediate income.; - Vacant building available at closing for owner occupancy or new tenant.
    Request Owner's contact information
    3912 Martin Way E Olympia 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
    3912 Martin Way E Olympia Olympia, WA 98506
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