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Property profile & analytics
OFF-MARKET
Warehouses

4957 Joppa St Tumwater, WA 98512

1.17 ac lot
Entity Owned 1-yr Hold
Property ID
US90-1904549
Property summary
AI-generated overview

This exceptional 1.17-acre industrial property, designated Lot 6 within the Beehive Industrial Park in Tumwater, Washington, presents a unique investment opportunity. Currently utilized as a fenced yard and storage area for Mikes Welding and Crane Services, this warehouse property offers significant potential for various industrial uses. The property is zoned LI and features a convenient location at 4957 Joppa St SW, Tumwater, WA 98512. The asking price is $2,490,000. The property's convenient location provides easy access to major transportation routes, enhancing its logistical appeal. While the current use is storage, the zoning allows for a range of industrial applications, making it suitable for businesses seeking a versatile and strategically located space. The property includes the APN numbers 33720000600, 12833420400, and 12833420301. Note that this 1.17-acre lot is part of a larger holding that includes two adjacent residential parcels totaling approximately 11.27 acres. This presents a unique opportunity for expansion or potential future development. Serious inquiries are encouraged to explore the full potential of this prime industrial property.

Property profile
Verified
Property type Warehouses
Lot 1.17 ac (50,965 SF)
UPID US90-1904549
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
M&m Grate LLC · 1 yrs held
M&m Grate LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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