Realmo Analytics

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

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?

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?
$10k
Tax billed · 2023
Assessed value · 2022$1.03M
Assessed land$270k
Assessed improvement$757k
Effective rate0.95%

Value estimate

· Oct 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 6 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 comparables6

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 6 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 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5711 Lacey SE, Lacey, WA 98503-2463 $4,312,500 May 2025 10,800 SF
5116 Yelm SE, Lacey, WA 98503-5001 $16,287,255 Feb 2025 6,078 SF
5122 Yelm SE, Lacey, WA 98503-5034 $16,287,255 Feb 2025 6,000 SF
5128 Yelm SE, Lacey, WA 98503-5038 $16,287,255 Feb 2025 7,200 SF
4913 Lacey SE, Lacey, WA 98503-5726 $3,400,000 Jan 2025 3,920 SF
4044 Pacific SE, Lacey, WA 98503-1111 $6,185,000 Sep 2023 4,803 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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