Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

521 Un SE Ave Olympia, WA 98501

OFF-MARKET
Office buildings
Property ID
US90-0809536
3,725 SF 0.16 ac lot Built 1940
Last sale Mar 2000 · $234,540
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This charming two-story, 3,502 square foot Union Office Building offers flexible, professional office spaces for lease. Located in Thurston County's vibrant downtown core, this Class C building boasts a convenient location with easy access to I-5 and proximity to state government offices and the Capitol Campus. The building, constructed in 1940, features a mix of executive and creative office suites, with a minimum divisible space of 82 square feet and currently 530 square feet vacant. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2022$511k
Assessed land$193k
Assessed improvement$317k
Effective rate1.00%

Value estimate

· Oct 2026
$285k
$257k – $314k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$148 – $391

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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy12.5
Carpet & Flooring Store9.1
Locksmith9.1

Location

521 Un SE Ave Olympia, WA 98501-1487
County assessor Recorded deeds · 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
715 8th SE, Olympia, WA 98501 $34,107,360 Jul 2025 4,000 SF
6330 Capitol SE, Tumwater, WA 98501-5205 $1,875,000 Jan 2025 3,500 SF
2903 Pacific SE, Olympia, WA 98501-2040 $898,000 Jan 2024 5,268 SF
530 Lilly SE, Olympia, WA 98501-2105 $960,000 Jan 2024 3,929 SF
1219 11th SE, Olympia, WA 98501-2407 $700,000 Aug 2023 4,504 SF
116 Lee SE, Tumwater, WA 98501-6721 $500,000 Mar 2023 2,808 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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