4200 6Th Ave SE, Lacey, WA 98503
- Office buildings
- 50,271 SF
- 1.65 lot acres
Current Use by Public Records
- Office buildings
Property Details for 4200 6Th Ave SE
- Year built
- 2001
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.65 lot acres
- Property type
- Office buildings
- APN
- 1181-74-21401
- APU
- 11817421401
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 1, 2015 | — | Same Investment Co LLC | Upside Management LLC | Deed In Lieu Of Foreclosure · related | — |
| Jan 8, 2010 | — | Centrum Financial Services INC | Bell Towne Centre LLC | Trustees Deed · related | $7.2M · Evergreen Bank |
| Jan 28, 2004 | — | Bell Towne Centre LLC | — | Deed Of Trust · related | $1.1M · Abk LLC |
| Oct 11, 2001 | — | Bell Towne Centre LLC | — | Trustees Deed · related | $825k · South Sound Bank |
| — | — | Bell Towne Centre LLC | — | Deed Of Trust · related | $4.8M · South Sound Bank |
| — | — | Bell Towne Centre LLC | — | Deed Of Trust · related | — |
| — | — | Bell Towne Centre LLC | — | Deed Of Trust · related | $4.5M · Wf Capital INC |
| — | — | Bell Towne LLC | — | Deed Of Trust · related | $560k · Abk LLC |
| — | — | Bell Towne Centre LLC | — | Deed Of Trust · related | $6.2M · Bridger Commercial Funding LLC |
| — | — | Slc Dev LLC | — | Deed Of Trust · related | $223k · Centurion Financial Group INC |
Description
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, medical facilities, and state and local government offices. The property's proximity to the South Sound Puget Sound satellite campus further enhances its appeal. A significant feature is the large, third-floor conference room, available for reservation, complete with a kitchenette, plug-and-play presentation equipment, and expansive panoramic windows. The property is zoned for commercial use and has an APN of 11817421401 in Thurston County. Currently, one office space of 2,183 square feet is available. This presents a unique opportunity for businesses seeking a well-located, functional, and amenity-rich office space in a thriving community.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,640,000
- 6.5%
- $10,745,000
- 7%
- $9,975,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,155,000
- AI Estimate
- $6,857,000
Market price range: $6.57M - $14.1MMarket price range: $2.57M - $10.8M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $10,175,000 Current use
- COMMERCIAL (GENERAL)
- $12,715,000 Change: +25% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lacey
- County
- Thurston
- State
- Washington
- Longitude
- -122.831
- Latitude
- 47.0439
- CBSA code
- 36500
- CBSA name
- OLYMPIA, WA METROPOLITAN STATISTICAL AREA
