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Financial
Distress signals
Property profile

3315 Pacific SE Ave Olympia, WA 98501

OFF-MARKET
Retail space
Property ID
US90-1094151
41,414 SF 1.15 ac lot Built 1988
Last sale Jun 2022 · $8,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 3315 Pacific Ave SE, Olympia, WA 98501, at the intersection of Fones Rd and Pacific Ave, with convenient access from I-5 exit 107. The property, part of Olympia Square South, offers two available spaces: one 1,537 square feet and another 2,017 square feet. Previously occupied by a vacuum shop, these versatile spaces are suitable for various retail, office, or other commercial uses. The 64,393 square foot, single-story Class A building,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$84k
Tax billed · 2023
Assessed value · 2022$8.42M
Assessed land$734k
Assessed improvement$7.69M
Effective rate1.00%

Value estimate

· Oct 2026
$8.23M
$7.41M – $9.05M
AI approach$8.29M
CAP approach$7.69M
Submarket $/SF estimate$10.41M

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

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$142 – $426
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

What can be built here?
GC
GC) zoning district. D. Annexation - Designation of Zoning Districts. Unless otherwise stated by the authorizing ordinance, all annexed a...
General categoryCOMMERCIAL
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 Service14.6
Tailor Shop10.3
Law Firm9.9

Location

3315 Pacific SE Ave Olympia, WA 98501-2171
County assessor Recorded deeds · 10 transfers 4 qualifying comp sales Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
311 4th E, Olympia, WA 98501-1106 $1,200,000 Apr 2025 8,797 SF
2921 Pacific SE, Olympia, WA 98501-2040 $1,000,000 Mar 2025 8,336 SF
711 Legion SE, Olympia, WA 98501-1517 $2,000,000 Mar 2025 12,600 SF
3430 Pacific Ave Sea-d, Olympia, WA 98501-2176 $18,355,000 Feb 2025 54,164 SF
421 Capitol S, Olympia, WA 98501-1028 $110,000 Oct 2024 28,331 SF
100 4th E, Olympia, WA 98501-1103 $900,000 Feb 2024 10,639 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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