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    Property profile & analytics

    2625 Willamette NE Dr Lacey, WA 98516-1312

    • Office buildings
    • 9,500 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 18, 2024
    Location Intelligence
    Property ID
    US90-1139301
    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 2625 Willamette NE Dr

    Year built
    2004
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.35 lot acres
    Property size
    9,500 SF
    Property type
    Office buildings
    APN
    4204-00-00300
    APU
    42040000300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.756
    Latitude
    47.0718
    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
    $10
    $476,600
    $2,803,600
    $3,280,200
    -
    $476,600
    $2,803,600
    $3,280,200

    Comparable in this City

    • Value Estimation
      $965,000
      1,025 SF

      9333rd Martin Way E Ste, Unit 204

      PROFESSIONAL BUILDING • 1,025 SF
      9333rd Martin Way E Ste, Olympia, WA 98516-5928
      View Details
    • Value Estimation
      $950,000
      1,925 SF

      9333rd Martin Way E Ste, Unit 212

      PROFESSIONAL BUILDING • 1,925 SF
      9333rd Martin Way E Ste, Olympia, WA 98516-5928
      View Details
    • Value Estimation by Request
      26,972 SF

      6135 Martin E Way

      PROFESSIONAL BUILDING • 26,972 SF
      6135 Martin E Way, Lacey, WA 98516-5573
      View Details
    • Value Estimation by Request
      3,024 SF

      8282 28th NE Ct

      PROFESSIONAL BUILDING • 3,024 SF
      8282 28th NE Ct, Lacey, WA 98516-7162
      View Details
    • Value Estimation by Request
      1.53 Acres

      3215 Willamette NE Dr

      PROFESSIONAL BUILDING • 1.53 Acres
      3215 Willamette NE Dr, Lacey, WA 98516-1373
      View Details
    • Value Estimation by Request
      2,205 SF

      8685 Martin Way E Ste, Unit 201

      PROFESSIONAL BUILDING • 2,205 SF
      8685 Martin Way E Ste, Lacey, WA 98516-5857
      View Details

    Similar Nearby for Sale

    • $5,950,000
      32,622 SF

      Commerce Business Center Buildings

      Office buildings in Lacey's desirable Meridian Campus.
      2590-2600 Willamette Dr NE, Lacey, WA 98516
      View Details
    • $5,100,000
      18,300 SF

      Lacey Investment Opportunity For Sale

      Fully leased office/retail/flex buildings in Hawks Prairie area.
      8286 28Th Ct, Lacey, WA 98516
      View Details
    • $900,000
      41,398 SF

      Land Zoned Mixed-Use High-Density

      Land offers development opportunity at Martin Way and Hoh Street.
      8725 Tallon Ln NE, Lacey, WA 98516
      View Details
    • $385,000

      Lacey Land for Custom Home

      Prime buildable land in Lacey to build your dream home.
      1680 Draham Rd, Lacey, WA 98516
      View Details
    • $850,000

      Land For Sale Lacey, WA

      Land available for sale in Lacey, Washington.
      180 Hoh St SE, Lacey, WA 98516
      View Details
    • $2,025,000

      Land For Sale

      Land available for sale at 8501 Martin Way E, Lacey, WA.
      8501 Martin Way E, Lacey, WA 98516
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      10,888 SF

      New Construction Retail/Office Space

      New construction retail or office space with flexible floorplates.
      8845 Tallon Ln NE, Lacey, WA 98516
      View Details
    • $18 SF/Yr
      1,000 SF

      End-Cap Office or Retail Space

      Light and bright office or retail spaces in mixed-use property.
      9333 Martin Way E, Lacey, WA 98516
      View Details
    • $26 SF/Yr
      2,320 SF

      Lacey Office Space For Rent

      Contemporary office space in medical strip center, easy freeway access.
      8685 Martin Way SE, Lacey, WA 98516
      View Details
    • $14 SF/Yr
      2,172 SF

      Lacey Office Space with Balconies

      Office space featuring private offices, conference room, and balconies.
      4317 6Th Ave Southeast, Lacey, WA 98516
      View Details
    • $0.60 SF/Yr
      61,430 SF

      Lacey Warehouse Space Available

      61,430 SF warehouse space for lease in Lacey, WA.
      9222 Polaris Ln Northeast, Lacey, WA 98516
      View Details
    • $0.72 SF/Yr
      17,000 SF

      High Visibility End Cap Space

      End cap space with abundant natural light and ample parking.
      2660 Willamette Dr NE, Lacey, WA 98516
      View Details
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    2625 Willamette NE Dr
    Lacey, WA 98516-1312
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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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