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    8403 Martin Way Lacey, WA 98516

    For Lease
    $0.65 SF/Yr

    Large commercial land parcel available for ground lease.

    Property size:
    799,762 SF
    Lot size:
    18.36 Acres

    Property Features for 8403 Martin Way

    General Information

    Size
    799,762 SF
    Lot size
    18.36 Acres

    Source: Washington State Department of Natural Resources Agent Gary Martindale

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

    Overview

    Lacey Commercial Land for Lease

    A commercial land parcel is available for lease in Lacey, Washington. The property encompasses 799762 square feet. Ground leasing a portion of the site is an option. The Tax ID number is 11811441000.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -122.762791
    Latitude
    47.0552089

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    FAQs

    What type of property is this?
    Land - Large commercial land parcel available for ground lease.
    Where is this land located?
    The property is located at 8403 Martin Way Lacey, WA.
    What is the lease rate?
    The lease rate is $0.65 SF/Yr.
    What are key features of this property?
    This property features: - Ground leasing a portion of the site is an option.; - Tax iD #: 11811441000
    (564) 201-0413
    Request Owner's contact information
    8403 Martin Way 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
    8403 Martin Way Lacey, WA 98516
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