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Financial
Distress signals
Property profile

15610 Olson NW Dr Lakebay, WA 98349

OFF-MARKET
Retail space
Property ID
US90-3038484
3,926 SF 0.92 ac lot Built 1962
Last sale Nov 2021 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail space located in the Key Center area, positioned across from Key IGA. The building formerly operated as a restaurant and bar and includes 3,926 square feet of retail space. The interior is configured for general retail/food-related operations and is suitable for a range of uses such as restaurants, day care centers, and food service establishments. The property is located within the Key Peninsula market area.

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 · 2024

What does the county charge?
$247
Tax billed · 2024
Assessed value$520k
Assessed land$485k
Assessed improvement$35k
Effective rate0.05%

Value estimate

· Oct 2026
$930k
$837k – $1.02M
Submarket $/SF estimate$810k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$306/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$154 – $475
Qualifying comparables16

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

What can be built here?
RAC
It is intended to accommodate a concentration of commercial and industrial businesses that provide goods, services, employment, group hom...
General categoryINDUSTRIAL
JurisdictionPIERCE

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 Store8.4
Computer & Electronic Repair7.8
Building Supply7.8

Location

15610 Olson NW Dr Lakebay, WA 98349-9529
County assessor Recorded deeds · 2 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1309 Key Peninsula NW, Lakebay, WA 98349-9606 $1,200,000 Sep 2023 4,104 SF
15605 Olson NW, Lakebay, WA 98349-9529 $700,000 Mar 2023 2,276 SF
1315 Key Peninsula NW, Lakebay, WA 98349-9606 $1,100,000 Jun 2019 1,552 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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