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    3507 Capitol Blvd SW Tumwater, WA 98501

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    For Sale
    $550,000

    Corner lot in Tumwater's Brewery District, ideal for redevelopment.

    Lot size:
    0.63 Acres

    Property Features for 3507 Capitol Blvd SW

    General Information

    Lot size
    0.63 Acres

    Source: BHGRE Commercial Premier NW Agent Joni Baker

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

    Overview

    Prime Corner Lot Redevelopment Opportunity

    This 0.63-acre property presents a redevelopment opportunity on a corner lot located at Capitol Blvd and Custer Way in Tumwater’s Brewery District. The site benefits from high visibility and accessibility due to its location on a high-traffic intersection with strong daily traffic counts. All utilities are available on site. The property is suitable for commercial, mixed-use, or retail development.
    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
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.901954
    Latitude
    47.0162316

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    FAQs

    What type of property is this?
    Commercial land - Corner lot in Tumwater's Brewery District, ideal for redevelopment.
    Where is this commercial land located?
    The property is located at 3507 Capitol Blvd SW Tumwater, WA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime corner lot location at Capitol Blvd and Custer Way in Tumwater's Brewery District.; - .63-acre property suitable for commercial, mixed-use, or retail development.; - Exceptional visibility and access.
    (360) 943-9922
    Request Owner's contact information
    3507 Capitol Blvd SW Tumwater, 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
    3507 Capitol Blvd SW Tumwater, WA 98501
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