1001 Cooper Point RdOlympia, WA 98502

Property Details for 1001 Cooper Point Rd

Year built

1992

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.05 AC

Property size (Sq ft)

2,010 SF

Property type

Retail properties

Property subtype

Retail space

APN

4222-00-00100

APU

42220000100

Description

This exceptional 1,222 square foot retail space is ideally situated in Olympia, Washington, at 1001 Cooper Point Rd SW, 98502. Located in Thurston County, this single-tenant property offers a fantastic opportunity for a business seeking high visibility and convenient access. The building's total square footage is 1,222 square feet, all of which is currently vacant and ready for immediate occupancy. The property boasts a prime corner location at the intersection of Capital Mall Drive and Cooper Point Rd, ensuring excellent exposure to a high volume of traffic. A significant advantage is the recently installed elevated monument sign on Cooper Point Rd, providing enhanced brand visibility and attracting potential customers. This property is classified as commercial retail and presents a unique chance to establish or expand a business in a thriving area of Olympia. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $799,549

  6.5%

  $738,045

  7%

  $685,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,358,304

  Geo Method

  $975,456

• Alternative Use

  Use

  Valuation

  Residential

  $622,569

  Hospitality

  $570,270

  Educational

  $474,458

  Medical

  $490,775

  Retail

  $738,045

Location Insight

City

Olympia

County

Thurston

State

Washington

Latitude

47.0389

Longitude

-122.94

CBSA code

36500

CBSA name

OLYMPIA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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