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Executive Summary

A 100% occupied 4 building Industrial Park,
17,347 SF building with additional land. Great
location, future developments opportunities.

Property Facts

Price $2,850,000
Price Per SF $164.29
Sale Type Investment
Cap Rate 13%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 14.69 AC
Rentable Building Area 17,347 SF
No. Stories 1
Year Built 1974
Parking Ratio 0.46/1,000 SF
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 2
Zoning LI

Amenities

  • Bus Line
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
12829120202
Land Assessment
$1,980,400
Improvements Assessment
$373,100
Total Assessment
$2,353,500
  • Listing ID: 39253061

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: 2905 Black Lake Blvd SW, Olympia, WA 98512

Contact the Sale Advisor

2905 Black Lake Blvd SW

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