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Property profile

1217 4th E Ave Olympia, WA 98506

OFF-MARKET
Other office properties
Property ID
US90-0927073
4,344 SF 0.31 ac lot Built 1980
Last sale Apr 2025 · $865,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The office property at 1217 4th Ave E in Olympia contains 4,344 square feet across two floors. The interior layout includes multiple private offices, larger conference rooms, and two full kitchens, with broad windows intended to provide natural light to the workspaces. The building’s two-level configuration supports multiple occupancy arrangements, such as an owner-occupant using one floor while another portion is used separately. The site includes a 19-stall parking lot located behind the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value · 2023$688k
Assessed land$210k
Assessed improvement$478k
Effective rate1.05%

Value estimate

· Oct 2026
$865k
$779k – $952k
AI approach$905k
CAP approach$550k
Submarket $/SF estimate$889k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$253/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$125 – $425
Qualifying comparables5

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 Shop9.9
Storage Facility9.6
Auto Parts Store9.3

Location

1217 4th E Ave Olympia, WA 98506-4246
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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
204 Quince NE, Olympia, WA 98506-4009 $600,000 Dec 2024 4,800 SF
3443 Lilly NE, Olympia, WA 98506-3091 $945,000 Jul 2024 4,480 SF
2745 Martin Way E1a, Olympia, WA 98506-4973 $740,000 Jul 2023 6,024 SF
1204 4th E, Olympia, WA 98506-4277 $550,000 Nov 2022 3,110 SF
1220 4th E, Olympia, WA 98506-4212 $562,500 Jul 2022 3,348 SF
1800 4th E, Olympia, WA 98506-4630 $585,000 May 2022 3,850 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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