Financial
Distress signals
Property profile

1001 Eastside St SE Olympia, WA 98501

FOR LEASE
Office buildings
Property ID
US90-0403897
2,188 SF 0.19 ac lot Built 1974
Last sale Apr 2023 · $475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1001 Eastside St SE, Olympia, WA 98501 For Lease
Contact for pricing 1,094 SF available
1001 Eastside St SE, Olympia, WA 98501
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Property summary

AI-generated overview

This single-story, 2,188 square foot office building in Olympia, WA, offers a 1,094 square foot vacant suite ideal for medical or traditional office use. Built in 1974 and renovated in 1994, the property features ample parking, a convenient location on Eastside St SE (98501), and easy access. The available space boasts three spacious offices, a wide hallway suitable for a waiting area, two common area restrooms, an attractive front entry, and a handicap-accessible rear entry. The building is…

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?
$5k
Tax billed · 2023
Assessed value · 2022$461k
Assessed land$115k
Assessed improvement$347k
Effective rate1.00%

Value estimate

· Sep 2026
$560k
$504k – $616k
AI approach$555k
CAP approach$470k
Submarket $/SF estimate$545k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$5k
Operating expenses−$5k
NOI · 71,245.00% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$148 – $391

Cap rate analysis

How does the asset earn?
71,245.00%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store18.1
Pharmacy14.8
Electrical Service12.7

Location

1001 Eastside St SE Olympia, WA 98501
County assessor Recorded deeds · 6 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
715 8th SE, Olympia, WA 98501 $34,107,360 Jul 2025 4,000 SF
6330 Capitol SE, Tumwater, WA 98501-5205 $1,875,000 Jan 2025 3,500 SF
121 T St Sw, Tumwater, WA 98501-4552 $650,000 Aug 2024 1,540 SF
809 Legion SE, Olympia, WA 98501-1518 $3,700,000 Mar 2024 2,212 SF
530 Lilly SE, Olympia, WA 98501-2105 $960,000 Jan 2024 3,929 SF
116 Lee SE, Tumwater, WA 98501-6721 $500,000 Mar 2023 2,808 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?”
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