410 Black Hills Ln, Olympia, WA 98502
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.
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Ye Joseph Z MD Physician
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Dr. Linli Xuan, MD Physician
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Capital Family Care-Sports Med Physician
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Dr. Nicole Lee Physician
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Waite Bradley E DO Physician
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.