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Industrial Land Near Interstate Access
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411 93rd Avenue Southeast, Olympia, WA 98501

LI-2-zoned industrial land supports ground-lease plans near Interstate 5, subject to approvals and tenant-led development.

Space SizeContact for details
Days on Market11

Property Features for 411 93rd Avenue Southeast

General Information

Standard status Active
Property subtype Industrial, Land

Building Details

Tenancy Single

Spaces For Lease

at 411 93rd Avenue Southeast Contact us

Space 1

Type
Industrial, Land
Lease Type
NNN
Availability
Active
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Listing Agency: Premier Commercial NW
Listed By: April Kelley · License #22033797
Source: Crexi
Added: Aug 10 Changed: Aug 15 Last Checked: Aug 19 at 10:30PM

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 Premier Commercial NW

Investment Insights

Based on property information with market context.

This ground-lease offering comprises approximately 5.6 acres across four adjoining parcels at 411 93rd Avenue Southeast in Olympia. The property carries LI-2, or Light Industrial, zoning and may be leased as a whole or in a smaller portion based on tenant requirements. Prospective uses identified for the site include industrial, commercial, warehouse, distribution, contractor yard, manufacturing, equipment rental, transportation, and outdoor storage activities, along with additional uses subject to applicable approvals.

The property is situated near the 93rd Avenue Southeast and Interstate 5 interchange, providing access to Thurston County and the South Puget Sound region. An additional approximately 10.21 acres of contiguous land with R 1/10 zoning may be available depending on the proposed use. The ground lease is offered in its existing condition, with the tenant responsible for due diligence, permitting, utilities, site improvements, and development related to its intended operation.

Key Highlights

  • Approximately 5.6± acres across four contiguous parcels
  • LI‑2 Light Industrial zoning
  • Near the 93rd Avenue SE and Interstate 5 interchange

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Hair Salon Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 98501, WA

45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - LI-2-zoned industrial land supports ground-lease plans near Interstate 5, subject to approvals and tenant-led development.
Where is this industrial land located?
The property is located at 411 93rd Avenue Southeast Olympia, WA.
What are key features of this property?
This property features: Approximately 5.6± acres across four contiguous parcels; LI‑2 Light Industrial zoning; Near the 93rd Avenue SE and Interstate 5 interchange
More about this property
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