Property profile

410 Black Hills Ln Olympia, WA 98502

OFF-MARKET
Office Spaces
6,363 SF Built 1985
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional medical office building, situated on a 0.02-acre lot in Thurston County, offers a tranquil, park-like setting adjacent to the MultiCare Capital Medical Center, a 107-bed community hospital. The single-story, 6,363 square foot Class C building, constructed in 1985, features multiple tenancies with a minimum divisible space of 1,503 square feet and a maximum contiguous space of 6,222 square feet. The property is zoned MS and has an APN of 38440000900, conveniently located near Yauger. The building boasts a peaceful atmosphere ideal for medical practices and their patients. Tenants are responsible for utilities, janitorial services, and interior maintenance. Importantly, all prospective tenants must secure approval from the adjacent hospital. This presents a unique opportunity for medical professionals seeking a well-located, established space within a thriving medical community. The building's single-story design and convenient location offer easy accessibility for both patients and staff. The opportunity to be part of this established medical park, close to a major hospital, is a significant advantage for any medical practice. The flexible space options allow for various practice sizes and needs.

Property profile

Verified
Property type Office Spaces
Year built 1985
Total area 6,363 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

410 Black Hills Ln Olympia, WA 98502
Olympia metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 410 Black Hills Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message