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    Property profile & analytics

    8431 Yelm SE Hwy Olympia, WA 98513-5209

    • Office Properties & Spaces
    • 936 SF
    • 8.53 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Jun 30, 2022
    Location Intelligence
    Property ID
    US90-1150155
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Howard's RV Storage / Rv Storage Facility

    Property Details for 8431 Yelm SE Hwy

    Year built
    1977
    Construction
    WOOD FRAME
    Lot size
    8.53 lot acres
    Property size
    936 SF
    Property type
    Office Properties & Spaces
    APN
    1170-24-40300
    APU
    11702440300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olympia
    County
    Thurston
    State
    Washington
    Longitude
    -122.762
    Latitude
    46.9839
    CBSA code
    36500
    CBSA name
    OLYMPIA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,133
    $205,100
    $486,600
    $691,700
    -
    $205,100
    $486,600
    $691,700

    Comparable in this City

    • Value Estimation by Request
      11,800 SF

      6155 Balustrade SE Blvd

      OFFICE (GENERAL) • 11,800 SF
      6155 Balustrade SE Blvd, Lacey, WA 98513-4286
      View Details
    • Value Estimation
      $205,000
      1,920 SF

      9111 Yelm SE Hwy

      OFFICE (GENERAL) • 1,920 SF
      9111 Yelm SE Hwy, Olympia, WA 98513-6319
      View Details
    • Value Estimation
      $245,000
      504 SF

      9740 Steilacoom SE Rd

      OFFICE (GENERAL) • 504 SF
      9740 Steilacoom SE Rd, Olympia, WA 98513-9625
      View Details
    • Value Estimation
      $220,000
      1,848 SF

      9013 Mullen SE Rd

      OFFICE (GENERAL) • 1,848 SF
      9013 Mullen SE Rd, Olympia, WA 98513-4752
      View Details
    • Value Estimation by Request
      3,300 SF

      4643 Marcus SE Ln

      OFFICE (GENERAL) • 3,300 SF
      4643 Marcus SE Ln, Lacey, WA 98513-2207
      View Details
    • Value Estimation by Request
      10,275 SF

      4631 Whitman SE Ln

      PROFESSIONAL BUILDING • 10,275 SF
      4631 Whitman SE Ln, Lacey, WA 98513-2234
      View Details

    Similar Nearby for Sale

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      1.33 Acres

      Lacey Commercial Land: Prime Location

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    • $99,000

      Residential Lot Near Lake St. Clair

      Residential lot with community lake access for recreation and building.
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    • $1,000,000

      Olympia Land: 4.2 Acres

      Prime Commercial Land; Residential Home Included
      8602 Pacific Ave, Olympia, WA 98513
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    Similar Nearby for Lease

    • $17 SF/Yr
      1,324 SF

      Flexible Suites in Lacey, WA

      Six suites available for retail, office, or light production.
      6045 Balustrade Blvd SE, Lacey, WA 98513
      View Details
    • $19 SF/Yr
      1,476 SF

      Move-in Ready Remodeled Office Suite

      Remodeled 1,476 SF office suite in high-traffic Lacey plaza.
      4631 Whitman Ln SE, Lacey, WA 98513
      View Details
    • Contact for pricing
      16,594 SF

      Retail Space in South Lacey

      Freestanding building with drive-thru in South Lacey retail core.
      4776 Whitman Ln SE, Lacey, WA 98513
      View Details
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    8431 Yelm SE Hwy
    Olympia, WA 98513-5209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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