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Property profile & analytics
OFF-MARKET
Land

3215 93Rd Ave Olympia, WA 98512

4.98 ac lot
Property ID
US90-0115493
Property summary
AI-generated overview

This exceptional 4.98-acre industrial land parcel presents a compelling investment opportunity. Situated in Olympia, Washington, at 3215 93rd Ave SW, this property boasts a highly desirable location just off Interstate 5 within the Tumwater Urban Growth Area (UGA). The lot is conveniently located on a corner, offering excellent visibility and accessibility. Its flat topography simplifies development, and the property is zoned for Light Industrial use, providing flexibility for a variety of potential projects. The strategic location near a gas station and other essential services ensures convenient access to amenities. Utilities are readily available in the immediate vicinity, further enhancing the property's development potential. The parcel's size and zoning make it ideal for various industrial uses, from warehousing and distribution to light manufacturing. With its prime location, convenient access to major transportation routes, and readily available utilities, this property represents a significant opportunity for investors seeking a strong return on investment in a thriving industrial market. The Thurston County Assessor's Parcel Number (APN) is 12720110000. The asking price for this exceptional property is $1,825,000.

Property profile
Verified
Property type Land
Lot 4.98 ac (216,929 SF)
UPID US90-0115493
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
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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