Financial
Distress signals
Property profile

2921 Pacific SE Ave Olympia, WA 98501

OFF-MARKET
Retail space
Property ID
US90-1656758
8,336 SF 0.37 ac lot Built 1969
Last sale Mar 2025 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 2921 Pacific Ave SE in Olympia, Washington is a storefront commercial space situated within an area zoned HDC4. The zoning designation allows for retail, office, and restaurant uses, providing multiple categories of commercial application under the land-use framework. The property has historically been occupied for approximately 13 years by Lighthouse Antiques under a month-to-month arrangement.

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 · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value · 2023$1.02M
Assessed land$347k
Assessed improvement$674k
Effective rate1.04%

Value estimate

· Sep 2026
$1.00M
$900k – $1.10M
AI approach$1.11M
Submarket $/SF estimate$1.26M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$142 – $426
Qualifying comparables7

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 Facility10.8
Tailor Shop9.8

Location

2921 Pacific SE Ave Olympia, WA 98501-2040
County assessor Recorded deeds · 6 transfers 7 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Capitol S, Olympia, WA 98501-1204 $1,025,000 Jun 2025 7,089 SF
311 4th E, Olympia, WA 98501-1106 $1,200,000 Apr 2025 8,797 SF
3520 Pacific SE, Olympia, WA 98501-2121 $18,355,000 Feb 2025 6,768 SF
223 5th SE, Olympia, WA 98501-1114 $1,976,100 Dec 2024 8,255 SF
9418 Old Hwy 99th SE, Olympia, WA 98501-9521 $1,155,000 Jun 2024 7,944 SF
425 Franklin SE, Olympia, WA 98501-1119 $1,800,000 Aug 2023 9,445 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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