You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $585,000
Office buildings

8282 28th NE Ct Lacey, WA 98516-7162

3,024 SF 0.86 ac lot Built 2010
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US90-1699825
Property summary
AI-generated overview

This exceptional Class A office space, totaling 1,500 square feet, is available for lease within the Hogum Bay Professional Park in Lacey, Washington's Hawks Prairie submarket. Situated in a single-tenant, mixed-use building of 18,300 total square feet, this property offers a tranquil setting adjacent to a greenbelt. Built in 2010, the one-story building boasts high-quality construction and meticulous maintenance. The interior layout includes three private offices and a spacious training area, perfect for a variety of business needs. The property sits on 1.72 acres of land and is zoned LI-C. Its strategic location offers unparalleled convenience, with close proximity to the new Hogum Bay Town Center. This vibrant mixed-use development features approximately 400 new apartment units, a diverse selection of new restaurants, and the popular 23 Kitchens pickleball courts, restaurant, and lounge. This presents a unique opportunity to establish your business in a thriving and amenity-rich environment. Don't miss the chance to secure this exceptional space in a prime location.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2010
Construction STEEL FRAME
Total area 3,024 SF
Lot 0.86 ac (37,462 SF)
APN 5489-00-00400
UPID US90-1699825
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
$645k
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k
Owner & transaction history
Hogum Bay Investors Group LLC · 17 yrs held
Hogum Bay Investors Group LLC
since 2008
3 recorded transactions
2008
$350,000
2006
$187,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $755,000 +16.7%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8282 28th NE Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message