Financial
Distress signals
Property profile

223 5th SE Ave Olympia, WA 98501

OFF-MARKET
Banks
Property ID
US90-0447046
8,255 SF 0.24 ac lot Built 1919
Last sale Dec 2024 · $1,976,100
Individually Owned Owner of record is an individual. 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?
$23k
Tax billed · 2023
Assessed value · 2022$2.32M
Assessed land$340k
Assessed improvement$1.98M
Effective rate1.00%

Value estimate

· Sep 2026
$1.98M
$1.78M – $2.17M
AI approach$1.98M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.1
Locksmith9.0
Carpet & Flooring Store8.9

Location

223 5th SE Ave Olympia, WA 98501-1114
County assessor Recorded deeds · 4 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Capitol S, Olympia, WA 98501-1204 $1,025,000 Jun 2025 7,089 SF
311 4th E, Olympia, WA 98501-1106 $1,200,000 Apr 2025 8,797 SF
2921 Pacific SE, Olympia, WA 98501-2040 $1,000,000 Mar 2025 8,336 SF
3520 Pacific SE, Olympia, WA 98501-2121 $18,355,000 Feb 2025 6,768 SF
9418 Old Hwy 99th SE, Olympia, WA 98501-9521 $1,155,000 Jun 2024 7,944 SF
425 Franklin SE, Olympia, WA 98501-1119 $1,800,000 Aug 2023 9,445 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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