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    OFF-MARKET
    Commercial real estate

    905 Carpenter Rd, Lacey, WA 98503

    1.64 ac lot
    Property ID
    US90-1238988
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.64 ac (71,438 SF)
    UPID US90-1238988
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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