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    412 Lilly Rd SE Olympia, WA 98501

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    For Lease
    $22 SF/Yr ($7,406 /Mo)

    Retail/Showroom space with ample parking and excellent exposure.

    Property size:
    4,040 SF
    Lot size:
    0.50 Acres

    Property Features for 412 Lilly Rd SE

    General Information

    Size
    4,040 SF
    Lot size
    0.50 Acres

    Source: Kidder Mathews Agent Amy Harding

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

    Overview

    Olympia Retail/Showroom Space Available

    This 4,040 square foot retail/showroom space is zoned General Commercial, the most liberal City of Olympia zoning. The layout includes four offices, one storage room with a 16-foot ceiling, two ADA restrooms, a large showroom with a retail counter, and a breakroom with a kitchenette. Ample parking is available, along with potential for an outdoor yard. The property offers easy access to I-5, Martin Way, Pacific Avenue, and St. Peter Hospital. It provides excellent exposure and is suitable for various businesses, including medical, daycare, or contractor services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thurston County Public ... Public Health Department Cheltenham Park Hall Banquet Hall Veterans Assistance Fund County Government Office Thurston County Parks ... County Government Office Cascadecopia, LLC Landscape Designer

    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

    Lowe's Home Improvement, KDC Remodeling

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.8429999
    Latitude
    47.0521294

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    FAQs

    What type of property is this?
    Showroom - Retail/Showroom space with ample parking and excellent exposure.
    Where is this showroom located?
    The property is located at 412 Lilly Rd SE Olympia, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Zoned General Commercial - the most liberal zoning in Olympia!; - Excellent exposure for your business.; - Ample parking and potential for an outdoor yard.
    (360) 705-1337
    Request Owner's contact information
    412 Lilly Rd SE Olympia, WA 98501
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    Olympia, WA 98501
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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
    412 Lilly Rd SE Olympia, WA 98501
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