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    Property profile & analytics

    243 Israel SE Rd Tumwater, WA 98501-6415

    • Office buildings
    • 157,625 SF
    • 1.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 30, 2023
    Location Intelligence
    Property ID
    US90-0622567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 243 Israel SE Rd

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    1.46 lot acres
    Property size
    157,625 SF
    Property type
    Office buildings
    APN
    8015-00-00300
    APU
    80150000300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.905
    Latitude
    46.9842
    CBSA code
    36500
    CBSA name
    OLYMPIA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $398,124
    $846,400
    $40,031,500
    $40,877,900
    -
    $846,400
    $40,031,500
    $40,877,900

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      3701 Griffin SE Ln

      PROFESSIONAL BUILDING • 0.15 Acres
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    • Value Estimation by Request
      417 SF

      605 11th SE Ave, Unit 209

      PROFESSIONAL BUILDING • 417 SF
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      13,463 SF

      504 14th SE Ave

      PROFESSIONAL BUILDING • 13,463 SF
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    • Value Estimation by Request
      864 SF

      261 Israel SE Rd

      PROFESSIONAL BUILDING • 864 SF
      261 Israel SE Rd, Tumwater, WA 98501-6415
      View Details
    • Value Estimation by Request
      56,895 SF

      724 Quince SE St

      PROFESSIONAL BUILDING • 56,895 SF
      724 Quince SE St, Olympia, WA 98501
      View Details
    • Value Estimation by Request
      17,612 SF

      3701 Pacific SE Ave

      PROFESSIONAL BUILDING • 17,612 SF
      3701 Pacific SE Ave, Olympia, WA 98501-2124
      View Details

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    Similar Nearby for Lease

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    243 Israel SE Rd
    Tumwater, WA 98501-6415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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