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Property profile & analytics
FOR SALE
Office buildings
1700 Cooper Point Rd SW Olympia, WA 98502
Entity Owned
~
Est. High Equity
Property ID
US90-0624520
No photos on file
For Sale
$300,000
1700 Cooper Point Rd SW, Olympia, WA 98502
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Construction
WOOD FRAME
Total area
1,016 SF
Lot
2.31 ac (100,624 SF)
APN
8274-00-00400
UPID
US90-0624520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Discovery Denture Center Dental Office
-
Legal Technician Services, PLLC Law Firm
-
Jerome W Morrissette & Associates Engineering Consultant Land Surveyor
-
Spirals of Freedom Healing Arts Center Massage Therapist Mental Health Service
-
Farmers Insurance - Peter Mirkovich Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Olmpia 7578 LLC
Olmpia 7578 LLC
since 2026
Last sale
$377,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Olympia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,332
Tax year 2023
Assessed value
$233,200
Assessed 2022
Previous assessed
$179,200
+30.1% YoY
Effective rate
1.00%
On assessed value
Assessed land
$37,200
Assessed improvement
$196,000
Land market value
$37,200
Improvement market value
$196,000
Total market value
$233,200
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
1,016 SF
Lot
2.31 ac (100,624 SF)
APN
8274-00-00400
UPID
US90-0624520
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Olmpia 7578 LLC
Entity
Mailing address
1662 PLUM LN STE #106, REDLANDS, CA 92374-4595
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$377,500
Olmpia 7578 LLC
Rebecca Lee Holt
Warranty Deed
$327,500 · Rebecca Lee Holt
Jan 30, 2026
$360,000
Stonehaven Ventures LLC
Japhet Family LLC
Warranty Deed
$288,000 · Timberland Bank
Jan 2, 2026
$275,000
Caspian Crest Property Management L
Japhet Family LLC
Warranty Deed
$228,000 · Us Bank NA
Jun 6, 2025
—
Olympia Speech And Language PLLC
1700 A1 Cooper Point LLC
Deed
$164,000 · Ameritrust Cdc
Jan 15, 2025
$380,000
1700 A1 Cooper Point LLC
Jaf Management LLC
Warranty Deed
$192,725 · Timberland Bank
Jan 15, 2025
—
1700 A1 Cooper Point LLC
—
Deed
related
$154,180 · Timberland Bank
Nov 13, 2024
—
Forrest Wagner
Laura Wagner
Deed
related
—
Nov 12, 2024
—
Forrest Wagner
F And L Investment Group LLC
Quitclaim Deed
related
—
Jan 31, 2023
—
Mechele Linehan
Colin Linehan
Deed
related
—
Jan 31, 2023
$350,000
Mechele Linehan
Lynn K Hayes
Warranty Deed
—
Oct 13, 2022
—
Jaf Management LLC
—
Deed
related
$106,689 · Colville Tribal Credit Corp
Jul 20, 2022
$362,000
Rebecca Lee Holt
Charles H Houser III
Warranty Deed
—
Jan 20, 2021
$308,500
Byrne & Co Real Estate LLC
Jerome W Morrissette
Grant Deed
$231,275 · Elmira Fed'l S&l Assn
Nov 20, 2020
$5,040
Moody Properties LLC
Bruce B Bamford
Warranty Deed
—
Nov 10, 2020
$213,000
Brady Miller
Jerome W Morrissette
Grant Deed
—
Nov 12, 2019
—
Bands II LLC
—
Deed
related
$569,000 · Heritage Bank
Jan 19, 2018
—
Japhet Family LLC
Japhet Grace A Family Trpt
Quitclaim Deed
related
—
Jan 2, 2018
—
Japhet,grace A Family Trust
Japhet Grace A
Quitclaim Deed
related
—
Mar 16, 2017
$150,000
F & L Investment Group LLC
1700 Cooper Point Trust
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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