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    2515-2545 Marvin Rd NE Lacey, WA 98503

    For Lease
    $42 SF/Yr ($5,649 /Mo)

    Land available for ground lease with drive-up window potential.

    Property size:
    1,614 SF
    Lot size:
    0.85 Acres

    Property Features for 2515-2545 Marvin Rd NE

    General Information

    Size
    1,614 SF
    Lot size
    0.85 Acres

    Source: First Western Properties, Inc. Agent Brennan McClurg

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

    Overview

    Commercial Land for Lease

    This commercial land is available for ground lease. The buildable area is 0.85 acres. It is zoned HPBD-C, and the code allows for a drive-up window and rear loading space. The adjacent retail building is now complete, and a new 136-room Residence Inn is coming soon. The property size is 1,614 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop 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
    -122.773356
    Latitude
    47.071279

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    FAQs

    What type of property is this?
    Commercial land - Land available for ground lease with drive-up window potential.
    Where is this commercial land located?
    The property is located at 2515-2545 Marvin Rd NE Lacey, WA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - Ground lease opportunity with **0.85 acres of buildable area.**; - Zoned HPBD-C, allowing for a variety of commercial uses.; - **Drive-up window permitted**, enhancing business potential.
    (425) 250-3280
    Request Owner's contact information
    2515-2545 Marvin Rd NE Lacey, WA 98503
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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
    2515-2545 Marvin Rd NE Lacey, WA 98503
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