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    4500 3Rd Ave SE Lacey, WA 98503

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    For Sale
    $5,700,000

    Office building with exceptional access and high-profile presence.

    Property size:
    32,112 SF
    Lot size:
    1.86 Acres

    Property Features for 4500 3Rd Ave SE

    General Information

    Size
    32,112 SF
    Lot size
    1.86 Acres

    Source: RE/MAX Parkside Affiliates Agent Paul McLain, CCIM

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

    Overview

    32,000 SF Office Building

    This 32,000 square foot office building offers visibility, parking, and access to Interstate 5. The property is located near the city center and the new City Hall. Previously utilized as a call center, the building is equipped with security systems and clean agent fire suppression. The layout is demisable into four sections, or into 32 apartments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office 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
    -122.8248376
    Latitude
    47.0460615

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    FAQs

    What type of property is this?
    Office building - Office building with exceptional access and high-profile presence.
    Where is this office building located?
    The property is located at 4500 3Rd Ave SE Lacey, WA.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Immediate access to Interstate 5; - 32,000 square feet of versatile office space; - Easily demisable layout into four sections or 32 apartments
    (360) 239-9333
    Request Owner's contact information
    4500 3Rd Ave SE Lacey, WA 98503
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    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
    4500 3Rd Ave SE Lacey, WA 98503
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