Financial
Distress signals
Property profile

6221 Rich Rd SE Olympia, WA 98501

FOR SALE
Office Spaces
Property ID
US90-0627149
4,944 SF 0.49 ac lot
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Property summary

AI-generated overview

This single-tenant flex space, totaling 4,944 square feet, is situated on a 0.49-acre lot in Olympia, Washington's Thurston County. The property boasts a prime location in the South Olympia Arts Park, offering unparalleled access to major transportation arteries. Seamless connectivity to southbound Interstate 5 is achieved via Tumwater Boulevard and Highway 101, while northbound I-5 access is readily available through Pacific Avenue or College Street. This strategic position places the…

Ownership intelligence

Who controls the opportunity?

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.25%
$657k 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.

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.4
Building Supply20.1
Law Firm18.2

Location

6221 Rich Rd SE Olympia, WA 98501
County assessor · not on file Recorded deeds · not on file 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 · 18 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
409 Custer SE, Tumwater, WA 98501-3350 $1,191,127 Jun 2025 6,426 SF
205 Clark SE, Tumwater, WA 98501-4062 $1,646,128 May 2024 5,287 SF
6239 Rich SE, Olympia, WA 98501-5315 $4,800,000 Apr 2024 5,000 SF
2903 Pacific SE, Olympia, WA 98501-2040 $898,000 Jan 2024 5,268 SF
402 Washington NE, Olympia, WA 98501-1147 $800,000 Jan 2024 6,900 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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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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