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Financial
Distress signals
Property profile

1017 4Th Ave E Olympia, WA 98506

FOR SALE
Office buildings
Property ID
US90-1713512
1,738 SF 0.14 ac lot Built 1929
Last sale Jun 2018 · $279,888
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1017 4Th Ave E, Olympia, WA 98506 For Sale
Contact for pricing 1,738 SF
1017 4Th Ave E, Olympia, WA 98506
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Property summary

AI-generated overview

A fully remodeled professional office/wellness center building configured to support boutique professional and wellness uses. The interior layout and improvements are tailored for office and wellness operations and designed to provide abundant natural light, with upscale finishes throughout. The property includes frontage along the street and provides on-site parking in both the front and in a rear lot. The building improvements and parking configuration are suited for an owner-user or an established practice that uses the premises for professional services.

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.

Debts

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?
$3k
Tax billed · 2023
Assessed value · 2022$280k
Assessed land$87k
Assessed improvement$193k
Effective rate1.00%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$7k
Operating expenses−$7k
NOI · 3.83% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$147 – $246

Cap rate analysis

How does the asset earn?
3.83%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.3
Pharmacy10.7
Smoke and Vape Shop10.7

Location

1017 4Th Ave E Olympia, WA 98506
County assessor Recorded deeds · 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1511 State NE, Olympia, WA 98506-4552 $439,000 Dec 2025 1,462 SF
1625 4th E, Olympia, WA 98506-4531 $387,000 Apr 2025 1,862 SF
1202 State NE, Olympia, WA 98506-4235 $326,900 Apr 2025 1,320 SF
165 Lilly Rd Ne Ste, Olympia, WA 98506-5086 $450,000 Jan 2023 1,514 SF
1942 State NE, Olympia, WA 98506-4652 $410,000 Oct 2022 1,768 SF
1615 4th E, Olympia, WA 98506-4531 $459,000 Sep 2021 1,622 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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