2915 Yelm Highway Southeast

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2915 Yelm Highway Southeast

Olympia, WA 98501
Asking Price
$4.95M
Asset Type
Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Office property available for sale in Olympia Washington.
  • Site spans 8.86 acres of flat buildable land.
  • Located at the high-traffic Yelm Highway and Rich Road corner.
  • Infrastructure includes full access to all essential site utilities.
  • Traffic counts exceed 30000 vehicles per day at this intersection.
  • Asset offered at an asking price of 4950000 dollars.

What's Special

Situated at the intersection of Yelm Highway Southeast and Rich Road, this office property occupies a strategic position within the Olympia market. The Olympia region maintains a steady economic profile supported by state government operations and an expanding suburban population base. With frontage along a high-traffic corridor, the site benefits from consistent visibility and accessibility for both employees and clients. The flat 8.86-acre parcel comes fully equipped with all necessary utilities to support development or site operations. Given its prime location and significant lot size, this asset is well-positioned to serve various professional service firms, corporate headquarters, or medical office tenants looking for a footprint in a prominent South Sound area. The site provides a flexible canvas for businesses seeking to establish a long-term presence in a growing Pacific Northwest community.

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NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.40%
Monthly Payment
$24,489.899
Annual Cash Flow
$-213,878.79

Location & Travel Times