Financial
Distress signals
Property profile

4047 Pacific Ave SE Lacey, WA 98503

FOR LEASE
Retail space
Property ID
US90-1659756
7,492 SF 0.45 ac lot Built 2016
Last sale Mar 1997 · $230,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
4047 Pacific Ave SE, Lacey, WA 98503 For Lease
$1,285,000 2,743 SF available
4047 Pacific Ave SE, Lacey, WA 98503
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Property summary

AI-generated overview

A newly constructed retail space in Lacey, Washington, located at the high-traffic intersection of Pacific Avenue SE and Sleater-Kinney. The building area is 7,500 square feet, configured as retail space and ready for occupancy. Tax ID: 11820211300. Operating expenses are structured as NNN (triple net), with NNN expense estimates referenced in the listing.

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.

Mortgages

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?
$18k
Tax billed · 2023
Assessed value · 2022$1.94M
Assessed land$367k
Assessed improvement$1.57M
Effective rate0.95%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.41M
CAP approach$1.39M
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 1,591,826.92% cap applied$33k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$425/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$187 – $687
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,591,826.92%
$33k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.4
Tailor Shop9.5
HVAC Service9.3

Location

4047 Pacific Ave SE Lacey, WA 98503
County assessor Recorded deeds · 7 transfers 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5711 Lacey SE, Lacey, WA 98503-2463 $4,312,500 May 2025 10,800 SF
5128 Yelm SE, Lacey, WA 98503-5038 $16,287,255 Feb 2025 7,200 SF
5116 Yelm SE, Lacey, WA 98503-5001 $16,287,255 Feb 2025 6,078 SF
5122 Yelm SE, Lacey, WA 98503-5034 $16,287,255 Feb 2025 6,000 SF
4913 Lacey SE, Lacey, WA 98503-5726 $3,400,000 Jan 2025 3,920 SF
4044 Pacific SE, Lacey, WA 98503-1111 $6,185,000 Sep 2023 4,803 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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