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Property profile & analytics
OFF-MARKET
Land

511 7Th Ave Olympia, WA 98501

Property ID
Property summary
AI-generated overview

This exceptional 0.17-acre lot, located at 511 7th Ave SE in Olympia, Washington, presents a unique investment opportunity. Currently zoned DB, this property offers significant potential for future development. The site previously housed a residential structure, the foundation of which remains intact. The address is verified as 511 7th Ave SE, Olympia, WA 98501, Thurston County. The property's APN is 78605700200|1. The asking price for this versatile land parcel is $175,000. Given its commercial and residential zoning (DB), this location is ideal for a variety of projects, allowing for creative and flexible development plans. The existing foundation could potentially reduce initial construction costs, offering a significant advantage to prospective developers. This property's central Olympia location provides easy access to local amenities, transportation routes, and a thriving community. Serious inquiries are encouraged to explore the possibilities this unique property offers. The latitude and longitude coordinates are 47.0425987, -122.8958129 respectively.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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