4412 Pacific SE Ave Lacey, WA 98503-1119
This exceptional commercial property, located at 4412 Pacific Avenue SE in Lacey, Washington, presents a compelling investment opportunity. The 2,600 square foot office building sits on a 0.23-acre lot and is ideally situated on the bustling Pacific Avenue, ensuring high visibility and accessibility. Currently, the building enjoys 50% occupancy, with the second floor already leased. This leaves a significant portion of the building, specifically the first-floor office suite, available for an owner-occupier. The asking price for this property is $525,000. The property's prime location in Thurston County, with a 98503 zip code, offers excellent potential for growth and return on investment. The building's size and layout provide flexibility for a variety of commercial uses. This is an excellent chance to acquire a well-positioned commercial property in a thriving area of Lacey, Washington. The property is classified as both office and land, offering potential for future development or expansion. The high traffic count on Pacific Avenue ensures consistent exposure for any business operating within the building. This presents a unique opportunity for an owner-user to establish their business in a highly visible and accessible location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.