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    1107 College St SE Lacey, WA 98516

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    For Sale
    $3,300,000

    Fully leased retail center in Lacey, WA for sale.

    Property size:
    9,360 SF
    Lot size:
    1.01 Acres

    Property Features for 1107 College St SE

    General Information

    Size
    9,360 SF
    Lot size
    1.01 Acres

    Source: BHGRE Commercial Premier NW Agent Joni Baker

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

    Overview

    Lacey Retail Center For Sale

    This retail center is located on a high-traffic corner in Lacey, WA. The property is fully leased to long-term tenants who have been operating successfully for many years, indicating strong location performance. All leases are NNN, which provides for minimal landlord responsibilities. The property size is 9,360 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    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.

    Similar Places Nearby

    Lacey Village Shopping Center, garmin watch, South Sound Center, Market Square, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.8236595
    Latitude
    47.0379467

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    FAQs

    What type of property is this?
    Shopping center - Fully leased retail center in Lacey, WA for sale.
    Where is this shopping center located?
    The property is located at 1107 College St SE Lacey, WA.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Retail center investment opportunity.; - Fully leased property provides immediate income stream.; - High traffic corner location offers excellent visibility.
    (360) 943-9922
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    1107 College St SE 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
    1107 College St SE Lacey, WA 98516
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