Financial
Distress signals
Property profile

116 Lee SE St Tumwater, WA 98501

OFF-MARKET
Office buildings
Property ID
US90-1200723
2,808 SF 0.15 ac lot Built 1980
Last sale Mar 2023 · $500,000
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$510k
Assessed land$73k
Assessed improvement$437k
Effective rate0.98%

Value estimate

· Sep 2026
$580k
$522k – $638k
AI approach$615k
CAP approach$600k
Submarket $/SF estimate$602k

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Electrical Service9.9
Plumbing Service9.2

Location

116 Lee SE St Tumwater, WA 98501-6721
County assessor Recorded deeds · 5 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
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
1219 11th SE, Olympia, WA 98501-2407 $700,000 Aug 2023 4,504 SF
1001 Eastside SE, Olympia, WA 98501-1608 $475,000 Apr 2023 2,188 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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