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Financial
Distress signals
Property profile

4317 6Th Ave Southeast Lacey, WA 98503

FOR LEASE
Office buildings
Property ID
US90-1301996
25,468 SF 1.72 ac lot Built 1973
Last sale Dec 2018 · $3,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story office building, Sixth Avenue Center, offers 23,415 square feet of versatile space in Lacey's desirable Woodland District. Built in 1989, this Class B property features seven suites, with a minimum divisible space of 1,448 square feet, ideal for a variety of businesses. The building sits on a 1.75-acre lot, providing ample on-site parking (3 spaces per 1000 square feet) and convenient access to I-5. A single elevator services all three floors. Common area…

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?
$34k
Tax billed · 2023
Assessed value · 2022$3.56M
Assessed land$728k
Assessed improvement$2.83M
Effective rate0.95%

Value estimate

· Oct 2026
$2.85M
$2.56M – $3.13M
Submarket $/SF estimate$3.33M
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$9k
Operating expenses−$9k
NOI · 190,505.05% 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?
190,505.05%
$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 Service10.0
HVAC Service9.8
Tailor Shop9.7

Location

4317 6Th Ave Southeast Lacey, WA 98503
County assessor Recorded deeds · 11 transfers Qualifying 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 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 Golf Clb SE, Lacey, WA 98503-1048 $2,500,000 Oct 2023 16,860 SF
4529 Intelco SE, Lacey, WA 98503-5941 $1,750,000 Nov 2022 7,475 SF
640 Woodland Sq SE, Lacey, WA 98503-1079 $12,900,000 Feb 2022 85,704 SF
645 Woodland Sq SE, Olympia, WA 98503-1045 $400,000 Jul 2021 5,720 SF
4305 Lacey SE, Lacey, WA 98503-2352 $750,000 Dec 2020 7,241 SF
4200 6th SE, Lacey, WA 98503-1042 $5,656,500 Dec 2019 50,271 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?”
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