Prime Retail Redevelopment
5301 Capitol Blvd SE, Tumwater, WA 98501
For Sale
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1.80 acres of land zoned for General Commercial use.
Property Size7,800 SF
Lot Size1.80 Acres
Days on Market258
Property Features for 5301 Capitol Blvd SE
General Information
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Size
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Property subtype
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Building Details
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Listing Agency:
Greene Commercial
Listed By:
Tyler Kanda · License WA #23016135
(360) 789-9846
Source:
Crexi
Added: Feb 26
Changed: Oct 25
Last Checked: Nov 10 at 8:43AM
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 Greene Commercial
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Investment Insights
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This retail redevelopment assemblage is located at the intersection of Trosper Road SW and Capitol Boulevard SE in Tumwater, Washington. The property is situated off the Interstate 5 interchange, along a corridor leading to regional anchors such as Costco and Fred Meyer, and adjacent to brands including Starbucks and Burger King. The offering consists of three contiguous parcels totaling 78,290 square feet, or 1.80 acres, of land zoned for General Commercial use. The site currently features approximately 7,800 square feet of existing metal warehouse structures alongside a secured yard. The existing buildings can be utilized for immediate operations, or a full redevelopment plan can be executed. The location is suited for national retail, quick service restaurants, or mixed use projects. Trosper Road SW sees over 22,385 vehicles per day just east of the interchange. Within a three mile radius, the area features 53,191 residents with an average household income approaching $100,000 and over $761 million in annual consumer spending. This local consumer base is projected to grow an additional 5.91 percent by 2029, while the broader five mile trade area encompasses 130,812 residents.
Key Highlights
- Prime retail redevelopment assemblage at a high‑traffic hard corner location off Interstate 5.
- Exceptional exposure on Trosper Road SW and Capitol Boulevard SE, with 22,385 vehicles per day.
- Three contiguous parcels totaling 1.80 acres zoned for General Commercial use.
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Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
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Business Placement
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
$485,200
Median Home Value
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Market
Average Price Trend$/SF for Commercial land in Thurston County, WA
Properties on Market for Commercial land in Thurston County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Commercial land - 1.80 acres of land zoned for General Commercial use.
Where is this commercial land located?
The property is located at 5301 Capitol Blvd SE Tumwater, WA.
What are key features of this property?
This property features: Prime retail redevelopment assemblage at a high‑traffic hard corner location off Interstate 5.; Exceptional exposure on Trosper Road SW and Capitol Boulevard SE, with 22,385 vehicles per day.; Three contiguous parcels totaling 1.80 acres zoned for General Commercial use.
