4525 Intelco LoopLacey, WA 98503

  • Banks
  • 45,699 SF
For Sale
$11,800,000 View listing

Property Details for 4525 Intelco Loop

Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
7.44 AC
Property size (Sq ft)
45,699 SF
Property type
Banks
APN
5805-00-02500
APU
58050002500

Description

This exceptional Class A medical office building, totaling 28,334 square feet, presents a unique leasing opportunity in the desirable Lacey Corporate Campus. Constructed in 2004, the single, three-story building sits on a 7.44-acre lot and offers multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 10,000 square feet. Currently, 15,000 square feet is available for lease. The building features four total suites, providing flexibility for various medical practices or businesses. Conveniently located near Yelm Highway, this property boasts excellent access and ample parking. Building amenities include elevators and a third-floor deck, enhancing both functionality and appeal. The property is zoned for commercial office use and is situated in Thurston County (APN: 58050002500). Its prime location offers proximity to numerous amenities, making it an ideal setting for a thriving medical practice or corporate office. Each floor is designed to allow for customized suite creation, catering to diverse space requirements. This is a rare opportunity to secure high-quality, well-located medical office space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,867,300
    6.5%
    $12,800,600
    7%
    $11,886,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,745,000
    Geo Method
    $9,152,740
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $24,649,000
    Mixed-Use / Specialty
    $12,881,600
    Hospitality / Lodging
    $9,615,740
    Office
    $12,937,000
    Institutional / Educational
    $13,437,000
    Residential Income
    $15,721,200
    Multifamily
    $18,153,000
    Automotive / Energy
    $11,517,400
    Parking / Income-Based Land
    $3,849,380
    Restaurant / Food Service
    $6,970,140
    Healthcare / Senior Housing
    $13,080,000

Location Insight

City
Lacey
County
Thurston
State
Washington
Latitude
46.9991
Longitude
-122.831
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
$192,623
$1,607,800
$18,671,200
$20,279,000
-
$1,607,800
$18,671,200
$20,279,000

FAQs

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