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Property profile & analytics
OFF-MARKET
Land

1803-1807 Black Lake Blvd Olympia, WA 98512

1.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.57-acre commercial land parcel presents a unique investment opportunity in Olympia, Washington. Strategically located at 1803-1807 Black Lake Blvd SW, this property boasts unparalleled visibility and accessibility. The site comprises two parcels, APN 12821310301 and 12821310302, offering flexibility for development. Its prime location immediately off Highway 101 exit and Black Lake Blvd SW ensures high traffic exposure. Daily traffic counts are substantial, with 75,000 vehicles passing on Highway 101 and 23,000 on Black Lake Blvd, guaranteeing significant visibility for any commercial venture. The property's proximity to high-traffic retail shopping further enhances its desirability and potential for strong returns. This is an ideal location for businesses seeking maximum exposure and convenient access for customers. The asking price for this exceptional commercial land is $1,700,000. The property's zoning and potential uses should be verified independently. Don't miss this chance to acquire a highly visible and valuable commercial property in a thriving Olympia location. The zip code is 98512, and the property is situated in Thurston County.

Property profile
Verified
Property type Land
Lot 1.57 ac (68,389 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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