Financial
Distress signals
Property profile

2617 12Th Ct SW Olympia, WA 98502

FOR SALE
Office buildings
View Listing
Property ID
US90-1266568
2,841 SF 0.65 ac lot Built 1973
Last sale Jul 2025 · $799,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2022$932k
Assessed land$256k
Assessed improvement$676k
Effective rate1.00%

Value estimate

· Sep 2026
$740k
$666k – $814k
CAP approach$605k
Submarket $/SF estimate$985k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$230/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$165 – $383

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTHURSTON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.9
Parking Facility12.6
Hotel & Motel12.5

Location

2617 12Th Ct SW Olympia, WA 98502
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2637 12th SW, Olympia, WA 98502-1118 $525,000 Feb 2024 2,280 SF
1006 Cooper Pt NW, Olympia, WA 98502-5784 $1,668,000 Apr 2023 3,448 SF
4119 Harrison NW, Olympia, WA 98502-5067 $139,546 Mar 2023 2,482 SF
436 Mcphee SW, Olympia, WA 98502-5014 $720,000 Aug 2022 2,277 SF
2962 Limited NW, Olympia, WA 98502-4550 $635,900 Apr 2021 3,344 SF
2950 Limited NW, Olympia, WA 98502-4577 $635,000 Dec 2020 3,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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