Financial
Distress signals
Property profile

4200 6Th Ave SE Lacey, WA 98503

FOR LEASE
Office buildings
Property ID
US90-0385271
50,271 SF 1.65 ac lot Built 2001
Last sale Dec 2019 · $5,656,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
4200 6Th Ave SE, Lacey, WA 98503 For Lease
Contact for pricing 2,183 SF available
4200 6Th Ave SE, Lacey, WA 98503
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Property summary

AI-generated overview

This exceptional three-story office building, totaling 51,226 square feet, is situated on a 1.65-acre lot (71,874 square feet) in Lacey, Washington. Built in 2001, the Class B property offers multiple tenancies within a single building. The building boasts a generous 2.9 parking spaces per unit, ensuring convenient parking for tenants and visitors. Its strategic location at 4200 6th Ave SE, 98503, provides easy access to a wide array of amenities, including shopping centers, restaurants,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$128k
Tax billed · 2023
Assessed value · 2022$13.46M
Assessed land$971k
Assessed improvement$12.49M
Effective rate0.95%

Value estimate

· Sep 2026
$9.26M
$8.33M – $10.18M
CAP approach$10.75M
Sales comparison$10.16M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$9k
Operating expenses−$9k
NOI · 174,115.13% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$202/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$131 – $280

Cap rate analysis

How does the asset earn?
174,115.13%
$28k 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 Service13.7
HVAC Service13.2
Auto Parts Store12.0

Location

4200 6Th Ave SE Lacey, WA 98503
County assessor Recorded deeds · 10 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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