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    7101 115Th Ave Olympia, WA 98512

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    For Sale
    $249,900

    5 acre lot in Delphi area ready for development.

    Lot size:
    5.00 Acres

    Property Features for 7101 115Th Ave

    General Information

    Lot size
    5.00 Acres
    Source: Corcoran

    Listing Agent: Kyle Graham

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

    Overview

    5 Acre Lot Ready

    This is a 5-acre lot that was formerly a Christmas tree site, with small trees currently growing. The parcel is located in the Delphi area, providing a quick commute to town. The acreage is flat and usable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Auto Repair Shop Department Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -123.02994
    Latitude
    46.919735

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    FAQs

    What type of property is this?
    Land - 5 acre lot in Delphi area ready for development.
    Where is this land located?
    The property is located at 7101 115Th Ave Olympia, WA.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - 5 acre lot; - Flat, usable acreage ready for new home construction; - Located in Delphi area
    (253) 565-3683
    Request Owner's contact information
    7101 115Th Ave 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
    7101 115Th Ave Olympia, WA 98512
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