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    1216 Kaiser Rd SW Olympia, WA 98512

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    For Sale
    $750,000

    Five-acre Olympia property with timber and development potential.

    Lot size:
    5.00 Acres

    Property Features for 1216 Kaiser Rd SW

    General Information

    Lot size
    5.00 Acres

    Source: Richard Beckman Realty Group Agent Richard Beckman

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

    Overview

    Olympia Land with Timber Value

    Located on over five acres in Olympia, the property at 1216 Kaiser Rd SW features a single-level home built in 1958. The house spans approximately 1,025 sq ft and includes two bedrooms and one bathroom. The property is situated on a deep, rectangular lot and welcomes abundant natural light. The five acres include commercial-grade timber, with a recent timber cruise valuing it at $135,722. Zoned RLI 2-4 (Possibly Residential 4 Units per Acre), this property offers exciting potential—whether you choose to enjoy the home as it is or explore the possibility of subdividing the land for future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    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
    -122.9577164
    Latitude
    47.0368697

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    FAQs

    What type of property is this?
    Land - Five-acre Olympia property with timber and development potential.
    Where is this land located?
    The property is located at 1216 Kaiser Rd SW Olympia, WA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Five acres of commercial-grade timber valued at $135,722.; - Zoned RLI 2-4 (Possibly Residential 4 Units per Acre) offering development potential.; - Located on Olympia’s desirable west side.
    (360) 790-1921
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    1216 Kaiser Rd 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
    1216 Kaiser Rd SW Olympia, WA 98512
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