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    2621 Hogum Bay Road Ext, Unit | Lacey Olympia, WA 98516

    For Sale
    Contact for pricing

    New industrial building completed in 2021, close to I-5.

    Property size:
    204 SF

    Property Features for 2621 Hogum Bay Road Ext

    General Information

    Size
    204 SF

    Building Details

    Year built
    2021

    Source: Vanessa Herzog, SIOR, CCIM Agent Vanessa Herzog, SIOR, CCIM

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

    Overview

    New Industrial Property Near I-5

    This industrial property features new construction completed in June 2021. It is located approximately 1/2 mile from I-5 at Exit 111 in Lacey, Washington. The property has a size of 204 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant 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
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.765638
    Latitude
    47.066217

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    FAQs

    What type of property is this?
    Industrial property - New industrial building completed in 2021, close to I-5.
    Where is this industrial property located?
    The property is located at 2621 Hogum Bay Road Ext, Unit | Lacey Olympia, WA.
    What are key features of this property?
    This property features: - New construction completed in June 2021; - Conveniently located just 1/2 mile from I-5 (Exit 111); - Year built: 2021
    (253) 279-7831
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    2621 Hogum Bay Road Ext, Unit | Lacey Olympia, WA 98516
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    Olympia, 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
    2621 Hogum Bay Road Ext, Unit | Lacey Olympia, WA 98516
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