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6528 Capitol SE Blvd Tumwater, WA 98501-5594

Retail space Google Maps
7,500 SF 0.55 ac lot Built 1992
Entity Owned ~ Est. High Equity
No photos on file
For Sale
Contact for pricing 7,500 SF
6528 Capitol SE Blvd, Tumwater, WA 98501-5594
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Estimated value (blended)
$1.24M
Range $1.11M – $1.36M (±10%)
Property ID US90-1481962

Property summary

AI-generated overview

This exceptional commercial property, located at 6528 Capitol Boulevard SE in Tumwater, Washington, presents a significant investment opportunity. Priced at $1,990,000, the property is classified as General Commercial and offers substantial potential for a variety of uses. While the square footage is not currently specified, the property sits on a lot of zero acres, suggesting a compact and potentially highly efficient layout. The property's location on Capitol Boulevard SE in Tumwater provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in this thriving community. Interested parties are strongly encouraged to review the provided operating memorandum for a comprehensive understanding of the property's features, financials, and potential. This is a rare chance to acquire a well-situated commercial property in a desirable location, offering a strong return on investment for the discerning buyer. The absence of specified square footage underscores the need for a thorough review of the operating memorandum to fully assess the property's suitability for intended purposes. Further details regarding the property's specifics are available within the operating memorandum. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction WOOD FRAME
Total area 7,500 SF
Lot 0.55 ac (23,958 SF)
APN 1270-22-31207
UPID US90-1481962

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
AI Approach AI
by Request
CAP Approach CAP
$1.40M
Comparable Approach Comparable
$821k
Blend (final) Blend
$1.24M

Owner & transaction history

since 2025
Last sale
$1.4M
7 recorded transactions
2025
$1.4M
2019
$1.1M
2017
Price N/A
1991
$139,317
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.9M +0.9%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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