Financial
Distress signals
Property profile

975 Carpenter NE Rd Lacey, WA 98516

OFF-MARKET
Office buildings
Property ID
US90-0802382
42,600 SF 4.21 ac lot Built 2006
Last sale Nov 2023 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office space totals 2,115 square feet and is located within the Washington Farm Bureau Building in Lacey. The space is configured with six private offices, a shared kitchen area, and a large workroom. A large conference/boardroom is available for reservation on an hourly basis. The building is maintained and provides convenient freeway access and ample parking.

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?
$122k
Tax billed · 2023
Assessed value · 2022$12.86M
Assessed land$684k
Assessed improvement$12.17M
Effective rate0.95%

Value estimate

· Sep 2026
$2.89M
$2.60M – $3.18M
AI approach$2.79M
Submarket $/SF estimate$2.96M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$214/SF
Submarket average, outlier-cleaned · 135 recorded sales of this use type
Observed band · Q1–Q3$144 – $316

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.0
Law Firm14.6
Wholesale Shop12.9

Location

975 Carpenter NE Rd Lacey, WA 98516-5560
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6326 Martin E, Lacey, WA 98516-5570 $1,200,000 Aug 2022 9,962 SF
8730 Tallon NE, Lacey, WA 98516-6609 $480,000 Jun 2021 17,655 SF
7009 Martin E, Olympia, WA 98516-5537 $132,500 Jan 2021 14,958 SF
7447 Hawks Pr NE, Lacey, WA 98516-2737 $1,000,000 Nov 2019 9,382 SF
8911 Martin E, Lacey, WA 98516-5932 $1,800,000 May 2019 8,410 SF
2590 Willamette NE, Lacey, WA 98516-1325 $4,399,719 Nov 2018 12,364 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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