Financial
Distress signals
Property profile

8230 Martin E Way Lacey, WA 98516

OFF-MARKET
Retail space
Property ID
US90-1364391
15,698 SF 1.89 ac lot Built 1999
Last sale Jul 2022 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This commercial property in Hawks Prairie, Lacey was formerly used as a Rite Aid and is configured for retail or other commercial uses. The site includes features intended to support customer access, including a drive-through, ample on-site parking, and prominent street visibility.

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?
$41k
Tax billed · 2023
Assessed value · 2022$4.36M
Assessed land$1.60M
Assessed improvement$2.76M
Effective rate0.95%

Value estimate

· Sep 2026
$4.76M
$4.28M – $5.23M
AI approach$4.75M
Sales comparison$5.87M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$403/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$202 – $593

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.2
Law Firm15.0
HVAC Service12.0

Location

8230 Martin E Way Lacey, WA 98516-5726
County assessor Recorded deeds · 7 transfers 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 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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