0 Wiggins Rd Olympia, WA 98501
This exceptional commercial land offering presents a unique development opportunity in the thriving city of Olympia, Washington. Comprising a total of approximately 58.66 acres, this property is strategically located on Wiggins Rd SE, Thurston County, WA, 98501 (47.0107974, -122.844308). The expansive acreage is divisible, offering flexibility for various development projects. Specifically, the property is comprised of two parcels: Parcel A, encompassing approximately 18.66 acres, and Parcel B, totaling approximately 40 acres with approximately 18.82 acres of usable land. This allows for tailored development plans to suit diverse needs, from smaller-scale projects to large-scale commercial ventures. The property's location within Olympia provides excellent access to major transportation routes, amenities, and a robust local economy. This presents a rare chance to acquire a significant land holding in a desirable and rapidly growing area. The property is being offered for sale as a whole or the parcels can be purchased separately, providing buyers with considerable flexibility in their acquisition strategy. This is an ideal investment for developers seeking a substantial land parcel with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.