Financial
Distress signals
Property profile

8910 Martin E Way Lacey, WA 98516

OFF-MARKET
Retail space
Property ID
US90-0999722
20,400 SF 1.27 ac lot Built 1979
Last sale Nov 2021 · $1,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 4,300 square feet of basic warehouse space positioned along a high-traffic thoroughfare. It is configured with grade-level rollup doors and includes restroom facilities shared with others, with no dedicated office space. The site has potential for yard space, subject to agreement. Historically, the space has been used for storage and distribution, including refrigerated storage for evergreens.

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?
$15k
Tax billed · 2023
Assessed value · 2022$1.56M
Assessed land$332k
Assessed improvement$1.23M
Effective rate0.95%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.51M
AI approach$1.30M
Submarket $/SF estimate$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$403/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$202 – $593

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm9.2
Catering Service8.5
Parking Facility8.4

Location

8910 Martin E Way Lacey, WA 98516-5991
County assessor Recorded deeds · 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
910 Hensley NE, Olympia, WA 98516-5414 $3,500,000 Jan 2024 18,348 SF
6742 Martin E, Olympia, WA 98516 $1,337,500 Aug 2022 12,138 SF
8230 Martin E, Lacey, WA 98516-5726 $5,500,000 Jul 2022 15,698 SF
7800 Martin E, Olympia, WA 98516-5718 $7,400,000 Mar 2022 45,912 SF
8640 Martin E, Lacey, WA 98516-6605 $4,950,000 Feb 2022 10,056 SF
8333 Martin E, Lacey, WA 98516-5808 $7,835,051 Aug 2021 14,530 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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