Financial
Distress signals
Property profile

4522 Pacific Ave SE Lacey, WA 98513

FOR LEASE
Office buildings
Property ID
US90-1400137
15,784 SF 0.53 ac lot Built 1992
Last sale Sep 1997
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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4522 Pacific Ave SE, Lacey, WA 98513 For Lease
$2,705,000 15,784 SF available
4522 Pacific Ave SE, Lacey, WA 98513
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Property summary

AI-generated overview

A two-story office building located in Lacey with elevator service. The interior layout includes large, open areas and oversized conference rooms, with a floor plan that can support uses such as general office space as well as potential adaptations for institutional or assembly-oriented purposes including schools, churches, or a conference center; the configuration is also suited for office hoteling. The building contains approximately 15,784 square feet and is situated in a central area of Lacey near shopping, grocery stores, dining, and financial services.

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?
$36k
Tax billed · 2023
Assessed value · 2022$3.75M
Assessed land$284k
Assessed improvement$3.46M
Effective rate0.95%

Value estimate

· Sep 2026
$2.71M
$2.43M – $2.98M
CAP approach$3.38M
Submarket $/SF estimate$2.83M

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.0
Electrical Service12.4
Auto Parts Store12.2

Location

4522 Pacific Ave SE Lacey, WA 98513
County assessor Recorded deeds · 2 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
4535 Lacey SE, Lacey, WA 98503-5718 $785,000 Nov 2022 5,190 SF
4529 Intelco SE, Lacey, WA 98503-5941 $1,750,000 Nov 2022 7,475 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?”
More about this property
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