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Property profile

310 Cleveland SE Ave Tumwater, WA 98501

OFF-MARKET
Office buildings
Property ID
US90-1549417
3,917 SF 0.4 ac lot Built 1954
Last sale Nov 1993 · $215,000
Individually Owned Owner of record is an individual. 32-yr Hold Held for 32 years. 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

This exceptional 1,200 square foot medical office building, located at 310 Cleveland Ave SE in Tumwater, WA 98501, presents a fantastic leasing opportunity. Situated on a 0.409-acre lot, this single-story, Class C building boasts convenient freeway access and ample parking. Completely renovated in 2022, the property offers a modern and functional layout ideal for a variety of medical practices. The interior features seven versatile rooms suitable for exam rooms or offices, along with a…

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?
$5k
Tax billed · 2023
Assessed value · 2022$558k
Assessed land$207k
Assessed improvement$351k
Effective rate0.98%

Value estimate

· Oct 2026
$275k
$248k – $303k
Submarket $/SF estimate$659k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$148 – $391

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.6
Wholesale Shop13.2
Auto Parts Store12.7

Location

310 Cleveland SE Ave Tumwater, WA 98501-3310
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
715 8th SE, Olympia, WA 98501 $34,107,360 Jul 2025 4,000 SF
6330 Capitol SE, Tumwater, WA 98501-5205 $1,875,000 Jan 2025 3,500 SF
2903 Pacific SE, Olympia, WA 98501-2040 $898,000 Jan 2024 5,268 SF
530 Lilly SE, Olympia, WA 98501-2105 $960,000 Jan 2024 3,929 SF
1219 11th SE, Olympia, WA 98501-2407 $700,000 Aug 2023 4,504 SF
116 Lee SE, Tumwater, WA 98501-6721 $500,000 Mar 2023 2,808 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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