Financial
Distress signals
Property profile

218 Franklin NE St Olympia, WA 98501

OFF-MARKET
Office buildings
Property ID
US90-1383213
5,800 SF 0.17 ac lot Built 1947
Last sale Dec 2022 · $600,000
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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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$535k
Assessed land$254k
Assessed improvement$281k
Effective rate1.00%

Value estimate

· Sep 2026
$565k
$509k – $622k
AI approach$510k

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?

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
Pharmacy13.6
HVAC Service9.7
Electrical Service9.6

Location

218 Franklin NE St Olympia, WA 98501-1157
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 · 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
409 Custer SE, Tumwater, WA 98501-3350 $1,191,127 Jun 2025 6,426 SF
2903 Pacific SE, Olympia, WA 98501-2040 $898,000 Jan 2024 5,268 SF
612 5th SW, Olympia, WA 98501-8200 $1,950,000 Oct 2023 5,732 SF
1219 11th SE, Olympia, WA 98501-2407 $700,000 Aug 2023 4,504 SF
914 7th SE, Olympia, WA 98501-1548 $1,125,000 Aug 2022 7,495 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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