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    OFF-MARKET
    Office Spaces

    410 Black Hills Ln, Olympia, WA 98502

    6,363 SF Built 1985
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ye Joseph Z MD Physician
    • Dr. Linli Xuan, MD Physician
    • Capital Family Care-Sports Med Physician
    • Dr. Nicole Lee Physician
    • Waite Bradley E DO Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    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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