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Property profile & analytics

3905 Martin Way Olympia, WA 98506

  • Office Properties & Spaces
  • 9,600 SF
  • 0.66 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US90-1079273
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

  • meridian campus, lacey wa / Real Estate Agency
  • Haley Chatfield - Real Estate Broker / Real Estate Agency
  • We Buy Houses Washington / Real Estate Agency
  • Soul Made Whole / Counselor
  • Holly Fisher Realtor / Real Estate Agency

Property Details for 3905 Martin Way

Year built
1988
Construction
WOOD FRAME
Lot size
0.66 lot acres
Property size
9,600 SF
Property type
Office Properties & Spaces
APN
1181-72-40801
APU
11817240801

Description

This exceptional two-story, 9,600 square foot Class C office building, constructed in 1988, presents a fantastic opportunity in Thurston County. Situated on a 0.81-acre lot, the property offers convenient access to I-5, downtown Olympia, and Lacey, making it an ideal location for businesses seeking easy commutes and strong regional connectivity. The building features two suites, with available spaces ranging from 1,240 to 2,855 square feet, providing flexibility for various business needs. Amenities include ample parking at both the front and rear of the building, ensuring convenient access for employees and clients. Inside, the building boasts a range of features designed to enhance productivity and collaboration. These include nine mostly furnished private offices, two kitchen areas, dedicated conference space, a copy center, extra cubicles, and office storage located conveniently under the stairs. Suite A2 also offers the added benefit of a private mezzanine. The property also includes the use of the main backlit monument sign on Martin Way, providing excellent visibility and branding opportunities. This well-maintained building offers a blend of functionality and convenience, making it an attractive option for businesses seeking a comfortable and productive work environment. The multiple tenancy structure provides a diverse tenant base and potential for strong rental income.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,310,000
    6.5%
    $1,210,000
    7%
    $1,125,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Olympia
County
Thurston
State
Washington
Longitude
-122.839
Latitude
47.0472
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
2024
$16,360
$409,700
$1,270,600
$1,680,300
-
$409,700
$1,270,600
$1,680,300
More about this property
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