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Property profile & analytics
OFF-MARKET
Medical Office Space

3702 Ensign Rd Olympia, WA 98506

Entity Owned 4-yr Hold
Property ID
US90-0855794
Property summary
AI-generated overview

This exceptional medical office building, situated just off Lilly Road in Olympia, Thurston County, offers two available spaces ideal for a variety of medical practices. The main space, a 1,700 square foot former dental clinic, is located on the first floor and boasts a modern layout ready for immediate occupancy. A second, lower-level suite provides approximately 1,200 square feet of flexible space, perfectly suited for uses such as a medical lab, billing office, massage therapy practice, acupuncture clinic, or similar complementary healthcare services. The building features a recently renovated exterior, enhancing its curb appeal and professional image. Ample parking is available for patients and staff, ensuring convenient access. The multiple tenancy structure provides a collaborative and supportive environment for healthcare professionals. This prime location offers excellent visibility and accessibility, making it an attractive opportunity for expanding or establishing a medical practice in a thriving community. The building's modern amenities and convenient location combine to create an exceptional opportunity for healthcare providers seeking a well-maintained and strategically located office space. The flexible floor plans allow for customization to meet the specific needs of various medical specialties. Don't miss this chance to secure your ideal medical office space in Olympia.

Property profile
Verified
Property type Medical Office Space
UPID US90-0855794
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
  • James R. Wilder, DMD Dental Office
  • Sunde Family Dental Dental Office
  • Kern Family Dental, Stephen B Kern, D.M.D. Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sunde Properties Nw LLC · 4 yrs held
Sunde Properties Nw LLC
since 2021
1 recorded transaction
2021
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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