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    Property profile & analytics

    4525 3rd SE Ave Lacey, WA 98503-1010

    • Medical offices
    • 980 SF
    • 2.44 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 10, 2024
    $15,500,000
    Location Intelligence
    Property ID
    US90-0888381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 4525 3rd SE Ave

    Year built
    2004
    Construction
    WOOD FRAME
    Lot size
    2.44 lot acres
    Property size
    980 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1181-74-10500
    APU
    11817410500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lacey
    County
    Thurston
    State
    Washington
    Longitude
    -122.826
    Latitude
    47.0451
    CBSA code
    36500
    CBSA name
    OLYMPIA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,423
    $1,410,900
    $8,798,700
    $10,209,600
    -
    $1,410,900
    $8,798,700
    $10,209,600

    Comparable in this City

    • Value Estimation by Request
      9,854 SF

      4312 Pacific SE Ave

      MEDICAL BUILDING • 9,854 SF
      4312 Pacific SE Ave, Lacey, WA 98503-1117
      View Details
    • Value Estimation by Request
      45,783 SF

      4800 College SE St

      MEDICAL BUILDING • 45,783 SF
      4800 College SE St, Lacey, WA 98503-4389
      View Details
    • Value Estimation by Request
      75,104 SF

      605 Woodland Sq SE Loop

      HOMES (RETIRED, NURSING) • 75,104 SF
      605 Woodland Sq SE Loop, Lacey, WA 98503-1045
      View Details
    • Value Estimation
      $3,530,000
      23,176 SF

      1505 Carpenter SE Rd

      HOMES (RETIRED, NURSING) • 23,176 SF
      1505 Carpenter SE Rd, Lacey, WA 98503-2906
      View Details
    • Value Estimation by Request
      17,688 SF

      402 Carpenter SE Rd

      OFFICE (GENERAL) • 17,688 SF
      402 Carpenter SE Rd, Olympia, WA 98503-7930
      View Details
    • Value Estimation by Request
      8,300 SF

      5210 Corporate Ctr SE Ct

      PROFESSIONAL BUILDING • 8,300 SF
      5210 Corporate Ctr SE Ct, Lacey, WA 98503-5952
      View Details

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    Similar Nearby for Lease

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      Retail or office space with high visibility and ample parking.
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    • $20 SF/Yr
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      Available Office Space with Signage

      Office space with high visibility and abundant parking available for rent.
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    Lacey, WA 98503-1010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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