Financial
Distress signals
Property profile

1615 4th E Ave Olympia, WA 98506

OFF-MARKET
Office buildings
Property ID
US90-0897846
1,622 SF 0.13 ac lot Built 1924
Last sale Sep 2021 · $459,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$3k
Tax billed · 2023
Assessed value · 2022$284k
Assessed land$79k
Assessed improvement$206k
Effective rate1.00%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$485k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$147 – $246

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.3
Laundry Service9.2
HVAC Service9.0

Location

1615 4th E Ave Olympia, WA 98506-4531
County assessor Recorded deeds · 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1511 State NE, Olympia, WA 98506-4552 $439,000 Dec 2025 1,462 SF
1625 4th E, Olympia, WA 98506-4531 $387,000 Apr 2025 1,862 SF
1202 State NE, Olympia, WA 98506-4235 $326,900 Apr 2025 1,320 SF
1711 4th E, Olympia, WA 98506-4533 $225,000 Apr 2023 1,129 SF
165 Lilly Rd Ne Ste, Olympia, WA 98506-5086 $450,000 Jan 2023 1,514 SF
1942 State NE, Olympia, WA 98506-4652 $410,000 Oct 2022 1,768 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1615 4th E Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message