Financial
Distress signals
Property profile

2633 Martin E Way Olympia, WA 98506

OFF-MARKET
Retail space
Property ID
US90-1709577
7,958 SF 0.66 ac lot Built 1950
Last sale Jun 1992 · $450,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2633 Martin Way E in Olympia, Washington, comprises an approximately 8,000-square-foot mid-century modern retail/industrial-oriented building constructed of concrete. The interior layout includes a large showroom area, warehouse space, a break room, restrooms, and private offices. Exterior improvements include a roof replacement and exterior paint. Additional covered building area is provided by a 40' x 100' Quonset hut. Off-site and site circulation includes customer parking in front of the building and employee parking to the rear near a delivery dock.

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?
$11k
Tax billed · 2023
Assessed value · 2022$1.13M
Assessed land$327k
Assessed improvement$803k
Effective rate1.00%

Value estimate

· Sep 2026
$580k
$522k – $638k
AI approach$550k
Submarket $/SF estimate$634k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$367/SF
Submarket average, outlier-cleaned · 141 recorded sales of this use type
Observed band · Q1–Q3$156 – $593
Qualifying comparables5

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Parking Facility10.7
Tailor Shop9.7

Location

2633 Martin E Way Olympia, WA 98506-4926
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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
3740 Martin E, Olympia, WA 98506-5037 $900,000 Jan 2024 10,034 SF
2116 Pacific SE, Olympia, WA 98506-4753 $575,000 May 2023 8,260 SF
4039 Martin E, Olympia, WA 98506-5221 $490,000 Sep 2022 3,200 SF
700 4th E, Olympia, WA 98506-3920 $875,000 Aug 2022 9,605 SF
1941 4th E, Olympia, WA 98506-4631 $1,100,000 Aug 2021 7,290 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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