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    Property profile & analytics

    5115 Corporate Center Ct Lacey, WA 98503

    • Commercial real estate
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0603127
    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

    • Commercial real estate

    Property Details for 5115 Corporate Center Ct

    Property type
    Commercial real estate
    APN
    58050000400

    Description

    This exceptional 1.5 million dollar commercial land parcel presents a unique development opportunity in Lacey, Washington. Located at 5115 Corporate Center Ct SE, 98503, this property boasts a highly desirable CO zoning designation, offering a wide range of permitted uses. These include multifamily residential, office spaces (administrative facilities, research institutions, professional/medical offices), specialized manufacturing, limited retail, and commercial recreation. The strategic location provides easy access to essential amenities, including Lowe's, Safeway, various fast-food restaurants, and other local businesses. The property's infrastructure is well-established, with readily available utilities including water lines already running through the site. The Thurston County location and convenient access to nearby commercial centers make this a highly attractive investment for developers seeking a versatile and well-situated property. The APN is 58050000400. This prime piece of real estate offers significant potential for a variety of development projects, capitalizing on its strategic location and flexible zoning regulations. The property's proximity to established businesses and its readily accessible utilities further enhance its appeal. This is an exceptional opportunity to acquire a valuable asset in a thriving commercial area.

    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
    -122.825347
    Latitude
    47.001963

    Comparable in this City

    • $595,000
      62,910 SF

      Lacey Commercial Land for Development

      1.44 acres of flat land in Lacey Corporate Center.
      4522 Intelco Loop SE, Lacey, WA 98503
      View Details
    • $5,300,000

      Olympia Development Opportunity Available

      Development opportunity near schools, shopping, freeway, and transit.
      609-709 Sleater Kinney Rd NE, Olympia, WA 98503
      View Details
    • $950,000
      1.64 Acres

      Lacey Commercial Land: Prime Location

      1.64 Acres, High-Traffic Carpenter Rd.
      905 Carpenter Rd, Lacey, WA 98503
      View Details
    • $2,250,000

      Lacey Land Development Opportunity

      Residential development land near amenities in Lacey, Washington.
      4800 College St SE, Lacey, WA 98503
      View Details
    • $600,000
      62,291 SF

      Lacey Corporate Center Vacant Lot

      1.43 acre vacant lot in Lacey Corporate Center.
      5100 Corporate Center Ct SE, Lacey, WA 98503
      View Details
    • $825,000

      Lacey Crossroads Development Opportunity

      Development lot in Lacey Crossroads with updated zoning.
      5320 Tiffani Ln SE, Lacey, WA 98503
      View Details

    Similar Nearby for Sale

    • $5,300,000

      Olympia Development Opportunity Available

      Development opportunity near schools, shopping, freeway, and transit.
      609-709 Sleater Kinney Rd NE, Olympia, WA 98503
      View Details
    • $595,000
      62,910 SF

      Lacey Commercial Land for Development

      1.44 acres of flat land in Lacey Corporate Center.
      4522 Intelco Loop SE, Lacey, WA 98503
      View Details
    • $825,000

      Lacey Crossroads Development Opportunity

      Development lot in Lacey Crossroads with updated zoning.
      5320 Tiffani Ln SE, Lacey, WA 98503
      View Details
    • Contact for pricing

      Olympia WA Industrial Land Opportunity

      5-acre or 8.47-acre light industrial land for sale.
      3300 Marvin Rd NE, Lacey, WA 98503
      View Details
    • $950,000
      1.64 Acres

      Lacey Commercial Land: Prime Location

      1.64 Acres, High-Traffic Carpenter Rd.
      905 Carpenter Rd, Lacey, WA 98503
      View Details
    • Contact for pricing

      Lacey Industrial Land For Sale

      21.30-acre industrial land with development potential in Lacey, WA.
      3000 Marvin Rd NE, Lacey, WA 98503
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      1,614 SF

      Commercial Land for Lease

      Land available for ground lease with drive-up window potential.
      2515-2545 Marvin Rd NE, Lacey, WA 98503
      View Details
    • $23 SF/Yr
      51,226 SF

      Lacey Office Building - 51,226 SF

      Prime Lacey office space, ample parking, great location.
      4200 6Th Ave, Lacey, WA 98503
      View Details
    • $16 SF/Yr
      3,750 SF

      Clearbrook Business Park Flex Space

      Flexible office, retail, and warehouse space available for rent.
      5709 Lacey Blvd SE, Lacey, WA 98503
      View Details
    • $18 SF/Yr
      2,300 SF

      Lacey Retail/Office Space Available

      Retail or office space with high visibility and ample parking.
      5707 Lacey Blvd SE, Lacey, WA 98503
      View Details
    • $1.00 SF/Yr
      6,040 SF

      Freestanding Warehouse Space Available

      6,040 SF warehouse suitable for light industrial use.
      2913 Marvin Rd NE, Lacey, WA 98503
      View Details
    • $20 SF/Yr
      8,327 SF

      Lacey Office Space For Rent

      Office space available for lease in Lacey, Washington.
      612 Woodland Square Loop Southeast, Lacey, WA 98503
      View Details
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    5115 Corporate Center Ct
    Lacey, WA 98503
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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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