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    2500 Mottman Rd Tumwater, WA 98512

    For Sale
    $5,995,000

    Modern Flex Space, I-5 Access, 31,675 SF

    Property size:
    31,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 31,675-square-foot flex space, located at 2500 Mottman Rd SW in Tumwater, WA 98512, presents a compelling investment opportunity. The property, situated on a 2.28-acre lot (APN 63050000300), boasts a single, two-story building constructed in 1978 and extensively renovated in 2019. The building is zoned for Light Industrial use and offers a blend of office and warehouse space, ideal for an owner-user seeking a consolidated operation. Its strategic location provides convenient access to Interstate 5 and Highway 101, ensuring efficient transportation and logistics. The asking price is $5,995,000, and the property is offered under a Triple Net Lease (NNN) arrangement with multi-tenancy. This turnkey property is ready for immediate occupancy and represents a rare opportunity to acquire a well-maintained, strategically located industrial asset in the thriving Tumwater market. The property features ample space for both office and warehouse/storage needs, making it suitable for a variety of businesses. This is a multi-tenant property.

    Property Features for 2500 Mottman Rd

    General Information

    Property type
    Flex space
    Square Feet
    31,675 SF
    Lot Size
    99,317 SF

    Building Details

    Year Built/Renovated
    1978/2019
    Buildings
    1
    Stories
    2

    HighLights

    • $5,995,000 asking price for this flex industrial property.
    • 31,675 square foot building on a 2.28‑acre lot in Tumwater, WA.
    • Recently remodeled in 2019, originally built in 1978.
    • Features a two‑story building with ample office and warehouse space.
    • Located near I‑5 and Highway 101 in Thurston County, offering excellent access to major transportation routes.
    • Light Industrial zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.9354356
    Latitude
    47.0257944

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, I-5 Access, 31,675 SF
    Where is this flex space located?
    The property is located at 2500 Mottman Rd Tumwater, WA.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: $5,995,000 asking price for this flex industrial property.; 31,675 square foot building on a 2.28-acre lot in Tumwater, WA.; Recently remodeled in 2019, originally built in 1978.
    Request Owner's contact information
    2500 Mottman Rd Tumwater, WA 98512
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    Tumwater, 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
    2500 Mottman Rd Tumwater, WA 98512
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