For Sale6d on market
809 Tumwater Boulevard SE
Tumwater, WA, 98501 • 98501 • Thurston County
$2,500,000
9.1 acLot
Property DNA
Territorial Views
Territorial
Comm/Industrial Style
Comm/Industrial architecture
Bush Prairie
98501
Market activity
Demand and pricing signals for this listing
49 views
People checking out this listing
3 saves
Buyers have saved this home
6 days on market
Just listed — act fast
About this home
Lot
Prime opportunity in Tumwater, WA featuring 9.53 acres with 6+ acres of of Comm. Grade Timber and zoned Light Industrial-ideal for commercial land developers or investors seeking flexibility and long-term upside. This expansive parcel offers a rare combination of privacy, natural surroundings, easy Interstate access, 1/2 mile to Olympia Airport, all utilities are in street, and light industrial zoning, making it well-suited for a variety of uses. The second parcel has a 2,300 sq ft home currently used as a rental, providing immediate income potential. With strong development potential in a growing area, this property is a strategic investment for builders and investors looking to capitalize on future growth.
Standout features identified
Our analysis highlights rare combination of privacy, natural surroundings, and expansive parcel as key attractions of this home.
Estimated monthly payment
Based on current rates
$15,567/month
Principal & Interest$12,234
Property Tax$2,500
Insurance$833
Down payment20% ($500,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,000,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleComm/Industrial
Systems
Water / SewerAvailable, In Street, Private Well, See Remarks, Jurisdiction: City of Tumwater / Available, Septic Design Installed
Parking & Outdoor
Lot9.11 Acres
Location & Tax
Neighborhood98501
ZoningLI 2
Annual tax$15,155
Parcel12702430400
Features & details
4 categories of property features
Exterior Features
Lot Features
Paved
Pond
Views
Territorial
Utilities
Electricity Available
Septic Design Installed
Gas
Not Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market6
Est. rent$1,774/mo
Tax rate0.81%
On marketMar 30, 2026
PostedMar 31, 2026
MLS statusActive
MLS updatedApr 2, 2026
Tour days6
Views49
Favorites3
How are the schools in Tumwater?
3 schools rated nearby
Location
Tumwater, WA, 98501
Price history
1 event
DateEventPrice$/sqftSource
Mar 31, 2026Listed For Sale$2,500,000—NWMLS as distributed by MLS GRID
Listed For Sale$2,500,000
Mar 31, 2026•NWMLS as distributed by MLS GRID
Tax history
10 years of records
YearTax paidAssessed value
Apr 7, 2024$9,045$906,900
Apr 7, 2023$7,820$779,100
Apr 7, 2022$5,369$547,600
Apr 7, 2021$5,488$464,200
Apr 7, 2020$7,826$608,900
Apr 7, 2019$5,176$404,500
Apr 7, 2018$7,706$415,700
Apr 7, 2017$4,023$364,450
Apr 7, 2016$4,023$354,200
Apr 7, 2014$4,023$332,850
Nearby homes
Neighborhood details
Local context around this listing
Tumwater, WA • Thurston County
Nearby cities
BucodaCentraliaLaceyNisqually Indian CommunityOlympiaRainierRochesterTenino
Nearby zip codes
985019851198512
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 06:08:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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