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8th St NE & Alocasia St NE, Lacey WA 98506
Olympia, WA 98506
Olympia Land · Land For Sale · 5.11 AC

Executive Summary

Outstanding opportunity to capitalize on Olympia’s continued demand for quality multifamily housing. Located just 10 minutes from Downtown Olympia with convenient access to the State Capitol Campus, waterfront, major employers, and the city’s vibrant collection of restaurants, retail, and entertainment.
The site is located within minutes from a great mix of national retailers, dining options, and a wide variety of amenities along the Martin Way corridor.
Healthcare access is a major advantage, with Providence St. Peter Hospital located less than 1 mile away, complemented by other nearby medical offices, specialty clinics, and urgent care facilities.
Excellent regional connectivity with I-5 in close proximity, allowing easy commutes throughout Thurston County and north to Joint Base Lewis-McChord and Tacoma.

Property Facts

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 5.11 AC
Zoning RM-18

1 Lot Available

Lot

Price $2,111,454 CAD
Price Per AC $422,290.80 CAD
Lot Size 5.00 AC

Property Taxes

Property Taxes

Parcel Number
11818240100
Land Assessment
$346,417 CAD
Improvements Assessment
$0 CAD
Total Assessment
$346,417 CAD
  • Listing ID: 41809903

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 8th St NE & Alocasia St NE, Lacey WA 98506, Olympia, WA 98506

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