Property profile

516 4th W Ave Olympia, WA 98501

OFF-MARKET
Grocery and convenience stores
Property ID
US90-1465593
29,393 SF 1.92 ac lot Built 1963
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,393 SF
Lot 1.92 ac (83,635 SF)
APN 9100-63-00000
UPID US90-1465593

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket
  • Vocational School Training Center
  • Cafe & Coffee Shop
  • Cinema (Bike/Boat/Book/etc) Store
  • Event Planning Wedding Service

Location

516 4th W Ave Olympia, WA 98501-1010
Olympia metro Census 10100 OLYMPIA, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.46M
Comparable Approach Comparable
$4.04M
Blend (final) Blend
$5.17M

Owner & transaction history

4 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $7.4M +2.3%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 516 4th W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message