6528 Capitol Blvd SE Tumwater, WA 98501
Property profile & analytics
6528 Capitol Blvd SE Tumwater, WA 98501
- Retail space
- 7,500 SF
- 0.55 lot acres
Property ID
US90-1481962
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 6528 Capitol Blvd SE
- Year built
- 1992
- Construction
- WOOD FRAME
- Lot size
- 0.55 lot acres
- Property size
- 7,500 SF
- Property type
- Retail space
- APN
- 1270-22-31207
- APU
- 12702231207
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,510,000
- 6.5%
- $1,395,000
- 7%
- $1,295,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $821,000
Market price range: $336k - $1.30M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,855,000 Current use
- COMMERCIAL (GENERAL)
- $1,870,000 Change: +1% Conversion: Easy
- OFFICE BUILDING
- $1,795,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.907
- Latitude
- 46.9893
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,229
$294,000
$1,371,400
$1,665,400
-
$294,000
$1,371,400
$1,665,400
