3215 93Rd Ave, Olympia, WA 98512
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.
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
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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.