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Property profile

1124 Carpenter SE Rd Lacey, WA 98503

OFF-MARKET
Other retail properties
Property ID
US90-1696443
19,626 SF 1.17 ac lot Built 1965
Last sale May 2004 · $780,325
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial auto-related facility in Lacey, Washington, historically used as a Gerber Collision & Glass location. It consists of 19,262 square feet and is situated along Carpenter Road SE within an established auto-oriented corridor with surrounding automotive and service uses, providing convenient access to major roadways. The site has been maintained with capital improvements that included approximately $63,000 in plumbing line replacements. The building is structured around…

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?
$17k
Tax billed · 2023
Assessed value · 2022$1.75M
Assessed land$430k
Assessed improvement$1.32M
Effective rate0.95%

Value estimate

· Oct 2026
$900k
$810k – $990k
AI approach$955k
Submarket $/SF estimate$902k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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 Firm16.4
Realty agency12.3
HVAC Service12.2

Location

1124 Carpenter SE Rd Lacey, WA 98503-1392
County assessor Recorded deeds · 3 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
5711 Lacey SE, Lacey, WA 98503-2463 $4,312,500 May 2025 10,800 SF
5110 Yelm SE, Lacey, WA 98503-5060 $16,287,255 Feb 2025 41,688 SF
5128 Yelm SE, Lacey, WA 98503-5038 $16,287,255 Feb 2025 7,200 SF
5116 Yelm SE, Lacey, WA 98503-5001 $16,287,255 Feb 2025 6,078 SF
5122 Yelm SE, Lacey, WA 98503-5034 $16,287,255 Feb 2025 6,000 SF
4540 Lacey SE, Lacey, WA 98503-5719 $5,900,000 May 2023 15,072 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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