Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1880 Barnes Blvd Southwest Tumwater, WA 98512

FOR LEASE
Office buildings
Property ID
US90-1157445
3,200 SF 0.06 ac lot Built 2001
Last sale Nov 2021 · $430,000
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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Market Trends Soon
1880 Barnes Blvd Southwest, Tumwater, WA 98512 For Lease
Contact for pricing 1,600 SF available
1880 Barnes Blvd Southwest, Tumwater, WA 98512
View Listing

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?
$4k
Tax billed · 2023
Assessed value · 2022$438k
Assessed land$89k
Assessed improvement$348k
Effective rate0.98%

Value estimate

· Oct 2026
$415k
$374k – $457k
AI approach$430k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 67,826.32% cap applied$13k

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$128 – $330

Cap rate analysis

How does the asset earn?
67,826.32%
$13k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Electrical Service9.7
Pharmacy9.6

Location

1880 Barnes Blvd Southwest Tumwater, WA 98512
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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8239 Kimmie SW, Tumwater, WA 98512-7689 $1,800,000 Jan 2024 3,360 SF
1770 Barnes SW, Tumwater, WA 98512-0410 $418,500 Jul 2021 3,136 SF
6981 Littlerock SW, Tumwater, WA 98512-7226 $690,000 Jul 2021 3,012 SF
1760 Barnes SW, Tumwater, WA 98512-0410 $410,000 Nov 2020 3,136 SF
1950 Black Lk SW, Olympia, WA 98512-5651 $100,000 Oct 2020 3,408 SF
1960 Black Lk SW, Tumwater, WA 98512-5651 $550,000 Dec 2019 3,408 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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