2803 29th Ave SW, Tumwater, WA
7,812 SF industrial building with office space for sale.
- Added:
- Nov 10, 2025
- Days on Market:
- 238
- Last Refresh:
- May 20 at 9:21 pm
Property Features for 2803 29th Ave SW
General Information
- Standard status
- Active
- Size
- 7,812 SF
- Lot size
- 0.84 Acres
- Property subtype
- INDUSTRIAL
Listing office The Rants Group (360) 943-8076
Listing date Nov 10, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Rants Group
HighLights
- 7,812 square foot industrial building
- Located in a light industrial park
- Clean, efficient layout combining warehouse and office space
- One roll‑up door for easy loading/unloading
- Multiple access points
- Office area with private rooms and open workspace
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.6k | $12.24 |
| − Vacancy | −$5.2k | −$0.66 |
| EGI | $90.5k | $11.58 |
| − OpEx | −$13.6k | −$1.74 |
| NOI | $76.9k | $9.84 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Armor Storage — 3400 Mottman Rd SW, Olympia, WA 98512
- Public Storage — 1825 Cooper Point Rd SW, Olympia, WA 98502
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.909
- Latitude
- 47.0073
