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    8780 Commerce Place Dr NE Lacey, WA 98516

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    For Sale
    $6,677,748

    10.22 acre site with light industrial zoning in Lacey.

    Property size:
    445,183 SF

    Property Features for 8780 Commerce Place Dr NE

    General Information

    Standard status
    Active
    Size
    445,183 SF

    Source: NAI PUGET SOUND PROPERTIES Agent DAVID DOUGLAS, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lacey Land Parcel For Sale

    This 10.22-acre site, divided into two 5.11-acre parcels, presents a potential owner-user opportunity. The property features excellent sand and gravel soils suitable for year-round construction. Zoned for light industrial use, the site allows for outside storage. The Meridian Campus CCRs offer development standards intended to protect and enhance property values. Multiple building configurations provide flexibility for Built to Suit projects. All utilities are available to the site, and storm water retention is managed off-site within the Meridian Campus community facility. The location provides easy access to I-5 exits 111 and 114.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.7509435
    Latitude
    47.0696818

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    FAQs

    What type of property is this?
    Commercial land - 10.22 acre site with light industrial zoning in Lacey.
    Where is this commercial land located?
    The property is located at 8780 Commerce Place Dr NE Lacey, WA.
    What is the asking price?
    The asking price for this property is $6,677,748.
    What are key features of this property?
    This property features: - Excellent sand and gravel soils are suitable for year-round construction.; - Light Industrial Zoning allows for outside storage.; - 10.22 Acre Site (divisible into two 5.11 acre parcels).
    Request Owner's contact information
    8780 Commerce Place Dr NE Lacey, WA 98516
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    Lacey, WA 98516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8780 Commerce Place Dr NE Lacey, WA 98516
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