Financial
Distress signals
Property profile

5718 Pacific Ave SE Lacey, WA 98503

FOR LEASE
Grocery and convenience stores
Property ID
US90-1253621
6,536 SF 0.31 ac lot Built 1929
Last sale Mar 2022 · $775,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

5718 Pacific Ave SE in Lacey is a multi-suite retail property offering a total of approximately 3,600 square feet of flexible tenant space that can be leased as individual suites or combined to support larger space requirements. The building layout includes customer-facing storefront areas alongside additional interior space suitable for storage, office use, or other operational support, depending on tenant needs. The property is situated on a prominent corner along a high-traffic corridor,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$10k
Tax billed · 2023
Assessed value · 2022$1.03M
Assessed land$270k
Assessed improvement$757k
Effective rate0.95%

Value estimate

· Sep 2026
$670k
$603k – $737k
AI approach$660k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$961
Operating expenses−$7k
NOI · 109,671.43% cap applied$15k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$425/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$187 – $687
Qualifying comparables5

Cap rate analysis

How does the asset earn?
109,671.43%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.5
Bakery10.4
HVAC Service10.2

Location

5718 Pacific Ave SE Lacey, WA 98503
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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