Listing Agency: CBRE M***@cbre.com Show Phone

Listed By: Monte Decker Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 11 at 6:05AM

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Investment Insights

Based on property information with market context.

This property is a 9-acre parcel of light industrial land. The site is relatively flat and mostly clear. It has access to I-5 via exit 99. The property has 480/277 3-phase power nearby.

Key Highlights

• Great access to I‑5 (exit 99)
• 480/277 3‑phase power nearby
• Light Industrial Zoning

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Bakery

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

Location Intelligence

Trade Area within ½ mile

42

Businesses Nearby

Explore this area Business Placement

Demographics for 98512, WA

31,422

Population

13,216

Households

2.4

Avg Household Size

41

Median Age

37%

College-Educated

95%

High-School Grad

138.7 sq mi

ZIP Area

227

Density / Sq Mi

$93,738

Median Household Income

$56,673

Median Earnings

$1,655

Median Rent

$438,800

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 9-acre industrial land parcel with I-5 access.

Where is this industrial land located?

The property is located at 8838 Blomberg Street Southwest Olympia, WA.

What is the asking price?

The asking price for this property is $2,580,317.

What are key features of this property?

This property features: Great access to I‑5 (exit 99); 480/277 3‑phase power nearby; Light Industrial Zoning