Realmo Analytics

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

Property profile

2607 Martin Way E Olympia, WA 98506

FOR SALE
Other office properties
Property ID
US90-0841708
16,076 SF 0.88 ac lot Built 1976
Last sale Apr 2026 · $1,150,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A ground-level office suite containing 1,950 square feet. The interior layout includes custom modular workstations and two private modular offices. The space features upgraded lighting and robust server/data wiring throughout, and includes a full kitchen.

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?
$26k
Tax billed · 2024
Assessed value · 2023$2.49M
Assessed land$448k
Assessed improvement$2.05M
Effective rate1.04%

Value estimate

· Oct 2026
$1.74M
$1.57M – $1.91M
CAP approach$2.03M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$253/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$125 – $425
Qualifying comparables4

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

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Parking Facility11.7
Electrical Service10.1

Location

2607 Martin Way E Olympia, WA 98506
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
204 Quince NE, Olympia, WA 98506-4009 $600,000 Dec 2024 4,800 SF
3432 Bay NE, Olympia, WA 98506-2958 $5,300,000 Aug 2024 11,968 SF
3443 Lilly NE, Olympia, WA 98506-3091 $945,000 Jul 2024 4,480 SF
2745 Martin Way E1a, Olympia, WA 98506-4973 $740,000 Jul 2023 6,024 SF
2630 Martin E, Olympia, WA 98506-4927 $1,326,460 Nov 2022 6,300 SF
1211 4th E, Olympia, WA 98506-4279 $990,000 Aug 2022 6,520 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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