905 Carpenter Rd, Lacey, WA 98503
This exceptional 1.64-acre parcel presents a rare opportunity for commercial development in Lacey, Washington. Strategically located on the highly trafficked Carpenter Road SE, this property represents the last remaining commercially zoned land in this desirable section. The zoning designation is CBD 4, offering a wide array of permitted uses, including but not limited to car washes, medical facilities, retail establishments, pharmacies, and daycare centers. The versatility of this zoning allows for significant flexibility in development plans, catering to a diverse range of commercial ventures. The property's prominent location ensures high visibility and accessibility, making it an ideal site for businesses seeking maximum exposure. With its substantial size and prime location, this land offers exceptional potential for investors and developers seeking a lucrative investment in a thriving commercial area. The address is 905 Carpenter RD SE, Lacey, WA 98503, within Thurston County. The asking price for this unique opportunity is $950,000. This is a truly exceptional opportunity to acquire a highly desirable commercial property in a rapidly growing market. Don't miss out on this chance to secure a prime piece of Lacey real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.