3507 Capitol Blvd SE Tumwater, WA 98501
Property profile & analytics
3507 Capitol Blvd SE Tumwater, WA 98501
- Grocery and convenience stores
- 5,058 SF
- 0.63 lot acres
Property ID
US90-1591527
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 3507 Capitol Blvd SE
- Year built
- 1964
- Construction
- WOOD FRAME
- Lot size
- 0.63 lot acres
- Property size
- 5,058 SF
- Property type
- Grocery and convenience stores
- APN
- 4570-05-00000
- APU
- 45700500000
Description
This exceptional 0.63-acre commercial land parcel presents a compelling redevelopment opportunity in Tumwater, Washington. Located at 3507 Capitol Blvd SW, this property boasts a prime corner location at the intersection of Capitol Boulevard and Custer Way, within the vibrant Brewery District. The site offers 27,443 square feet of land and includes a two-story building (5,085 total square feet) constructed in 1964 and renovated in 2005. The building currently sits vacant and offers a flexible layout with approximately 528 square feet of office space and 4,530 square feet of retail space. The property is zoned for Brewery District use, reflecting its location in a rapidly revitalizing area. The asking price is $600,000, translating to $117.99 per square foot. The property features a parking ratio of 1 space per 200 square feet. This is a rare chance to acquire a significant land holding in a high-growth area with considerable potential for future development. The Thurston County location and convenient access to major thoroughfares make this an attractive investment for owner-users seeking a strategic location in a thriving community. The APN is 45700500000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $743,000
Market price range: $717k - $2.16M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.902
- Latitude
- 47.0162
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,871
$410,300
$191,500
$601,800
-
$410,300
$191,500
$601,800
