1803-1807 Black Lake Blvd Olympia, WA 98512
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.