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    Property profile & analytics

    1015 College SE St Lacey, WA 98503-1249

    • Drive through restaurants
    • 1,779 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Last Sale
    Oct 07, 2024
    $571,439
    Location Intelligence
    Property ID
    US90-0477172
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1015 College SE St

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    1,779 SF
    Property type
    Drive through restaurants
    APN
    1182-01-10102
    APU
    11820110102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $570,000

    • CAP approach

      CAP return
      Estimation
      6%
      $560,000
      6.5%
      $625,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $630,000
      Retail
      $635,000
      Mixed-Use
      $695,000
      Hospitality
      $510,000
      Educational
      $660,000
      Residential Income
      $640,000
      Energy
      $615,000
      Income-Based Land
      $605,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.824
    Latitude
    47.039
    CBSA code
    36500
    CBSA name
    OLYMPIA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,503
    $334,400
    $346,100
    $680,500
    -
    $334,400
    $346,100
    $680,500

    Comparable in this City

    • Value Estimation by Request
      2,184 SF

      5520 Corporate Ctr SE Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,184 SF
      5520 Corporate Ctr SE Ln, Lacey, WA 98503-5614
      View Details
    • Value Estimation by Request
      2,699 SF

      625 Sleater Kinney SE Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,699 SF
      625 Sleater Kinney SE Rd, Lacey, WA 98503
      View Details
    • Value Estimation by Request
      6,080 SF

      520 Sleater Kinney SE Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,080 SF
      520 Sleater Kinney SE Rd, Lacey, WA 98503-1031
      View Details
    • Value Estimation
      $365,000
      1,200 SF

      805 Sleater Kinney SE Rd

      RESTAURANT • 1,200 SF
      805 Sleater Kinney SE Rd, Lacey, WA 98503-1126
      View Details
    • Value Estimation by Request
      3,490 SF

      5221 Lacey SE Blvd

      RESTAURANT • 3,490 SF
      5221 Lacey SE Blvd, Lacey, WA 98503-2443
      View Details
    • Value Estimation by Request
      4,464 SF

      1000 Homann SE Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,464 SF
      1000 Homann SE Dr, Lacey, WA 98503
      View Details

    Similar Nearby for Sale

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      10,300 SF retail building for sale in Lacey, WA.
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    • $850,000
      0.53 Acres

      Lacey Commercial Lot - Great Location!

      Level lot, ideal for redevelopment. Car wash bays, near I-5.
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      Lacey Commercial Land for Development

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      Olympia Development Opportunity Available

      Development opportunity near schools, shopping, freeway, and transit.
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    Similar Nearby for Lease

    • $25 SF/Yr
      7,500 SF

      New Retail Space Available

      New construction retail space at high-traffic intersection, ready for occupancy.
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    • $22 SF/Yr
      4,345 SF

      Retail/Office Space Near College

      4,345 SF retail/office space with excellent accessibility and visibility.
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      View Details
    • $18 SF/Yr
      2,300 SF

      Lacey Retail/Office Space Available

      Retail or office space with high visibility and ample parking.
      5707 Lacey Blvd SE, Lacey, WA 98503
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Lacey Center

      Retail space available in Lacey, Washington shopping center.
      1102 College St SE, Lacey, WA 98503
      View Details
    • $23 SF/Yr
      51,226 SF

      Lacey Office Building - 51,226 SF

      Prime Lacey office space, ample parking, great location.
      4200 6Th Ave, Lacey, WA 98503
      View Details
    • $16 SF/Yr
      3,750 SF

      Clearbrook Business Park Flex Space

      Flexible office, retail, and warehouse space available for rent.
      5709 Lacey Blvd SE, Lacey, WA 98503
      View Details
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    1015 College SE St
    Lacey, WA 98503-1249
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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