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Financial
Distress signals
Property profile

111 Tumwater SE Blvd Tumwater, WA 98501

OFF-MARKET
Retail space
Property ID
US90-0393012
6,000 SF 3.37 ac lot Built 2006
Last sale Aug 2011 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 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 a planned retail development with twelve retail pads in the Yorkshire area near Interstate 5 at Exit 101. A preliminary plat is in process, with lot sizes varying according to the approved plan. The development is located near retail and hospitality uses including Costco, Home Depot, Walmart, Starbucks, Chipotle, Wendy’s, and Hilton. Infrastructure elements described for the site include an extension of Tyee Drive from Israel Rd to Tumwater Blvd as a five-lane roadway,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$151k
Tax billed · 2023
Assessed value · 2022$15.52M
Assessed land$1.16M
Assessed improvement$14.37M
Effective rate0.97%

Value estimate

· Oct 2026
$955k
$860k – $1.05M
AI approach$715k
CAP approach$1.12M
Submarket $/SF estimate$1.04M

Realmo valuation models over county records and 6 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 comparables6

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.2
Auto Parts Store11.1
HVAC Service11.0

Location

111 Tumwater SE Blvd Tumwater, WA 98501-6400
County assessor Recorded deeds · 9 transfers 6 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
3703 Pacific SE, Olympia, WA 98501-2124 $2,500,000 Feb 2026 6,240 SF
500 Capitol S, Olympia, WA 98501-1204 $1,025,000 Jun 2025 7,089 SF
533 Custer SE, Tumwater, WA 98501-3352 $1,550,000 Feb 2025 4,800 SF
3520 Pacific SE, Olympia, WA 98501-2121 $18,355,000 Feb 2025 6,768 SF
9418 Old Hwy 99th SE, Olympia, WA 98501-9521 $1,155,000 Jun 2024 7,944 SF
706 Franklin SE, Olympia, WA 98501-1345 $835,000 May 2024 5,888 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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