6977 Littlerock SW Rd, Tumwater, WA 98512-7246
This exceptional commercial property, situated at the highly visible Littlerock/Israel roundabout in Tumwater, Washington, presents a unique investment opportunity. The building boasts a desirable split configuration, equally divided between office and warehouse space. The office area comprises four private offices, providing ample space for individual work or small teams. A welcoming reception area, two restrooms, a convenient kitchen, and a dedicated workroom complete the office amenities. The warehouse component is a significant asset, featuring a large finished area and a convenient garage door for easy loading and unloading. This versatile space is ideal for storage, light manufacturing, or a variety of other commercial uses. The property is currently occupied, with the tenant vacating on May 31st, providing a clean slate for the new owner. The building is well-maintained and offers a rare combination of office and warehouse space in a prime Tumwater location. The high visibility at the roundabout ensures excellent exposure for any business. Given the unique features and desirable location, this property is expected to attract significant interest. The absence of a tenant after May 31st presents a blank canvas for the next occupant, allowing for complete customization and adaptation to specific business needs. This is a truly exceptional opportunity to acquire a versatile and well-located commercial property in the thriving Tumwater market. The property is priced at $699,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.