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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Automotive properties
2380 Carriage SW Loop Olympia, WA 98502-1018
Entity Owned
22-yr Hold
Free & Clear
Property ID
US90-1129192
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,574 SF
Lot
2.98 ac (129,809 SF)
APN
6662-00-00900
UPID
US90-1129192
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
-
Capitol City Honda Used Cars Car Dealership
-
Capitol City Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Mccarroll Investments Three Ll C · 22 yrs held
Mccarroll Investments Three Ll C
since 2004
6 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
$93 / SF
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
$54,368
Tax year 2023
Assessed value
$5,458,800
Assessed 2022
Previous assessed
$4,691,000
+16.4% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,121,200
Assessed improvement
$4,337,600
Land market value
$1,121,200
Improvement market value
$4,337,600
Total market value
$5,458,800
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
19,574 SF
Lot
2.98 ac (129,809 SF)
APN
6662-00-00900
UPID
US90-1129192
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
2.98 ac
Current owner
From public records · entity-resolved
Mccarroll Investments Three Ll C
Entity
Free & Clear · 22 yrs held
Mailing address
2370 CARRIAGE LOOP SW, OLYMPIA, WA 98502-1018
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2004
—
Mccarroll Investments Three Ll C
Mccarroll,ed J & Patricia A
Quit Claim Deed
related
—
Feb 14, 2000
$500,000
Berschauer/phillips Const
Mccarroll,ed J & Patricia
Grant Deed
$350,000 · Seller
Nov 8, 1999
—
Olympia City (wa)
Mccarroll,edwin J & Patricia
Grant Deed
related
—
Jun 11, 1998
$175,250
Mccarroll,ed J & Patricia
Swanson,r D
Trustees Deed
—
Jun 11, 1998
$350,500
Mccarroll,ed J & Patricia
Wells Fargo Bank
Trustees Deed
—
—
—
Olympia Toyota LLC
—
Deed Of Trust
related
$2,730,000 · Columbia State Bank
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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