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400 State Ave NE Olympia, WA 98501

Commercial land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US90-1174243

Property summary

AI-generated overview

This vacant commercial lot has significant redevelopment potential and is strategically positioned in a highly desirable area. The .45 acres offer a variety of uses, such as retail, multifamily, or mixed-use. Zoned Urban Waterfront. It is situated within an Opportunity Zone adjacent to the Downtown InterCity Transit Station and can be easily accessed from Adams Street NE or State Ave NE. Phase II Environmental Site Assessment completed with favorable results.

Property profile

Verified
Property type Commercial land
UPID US90-1174243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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