4660 Whitman LnLacey, WA 98513

  • Retail space
  • 11,502 SF
For Lease
$18/SF/YR View listing

Property Details for 4660 Whitman Ln

Year built
1998
Construction
WOOD FRAME
Lot size
1.05 AC
Property size (Sq ft)
11,502 SF
Property type
Retail space
APN
7022-00-00400
APU
70220000400

Description

This exceptional retail opportunity presents a fully vacant 2,975 square foot space located at 4660 Whitman Lane SE in Lacey, Washington, within the Lacey Plaza. The property is classified as a storefront within a strip center, offering excellent visibility and accessibility for businesses seeking a high-traffic location. The entire building comprises 2,975 square feet, making this a rare chance to secure a substantial space in a desirable Thurston County location. The property's address is conveniently situated in Lacey, WA, zip code 98513, providing easy access for customers and employees. The building's layout is ideal for a variety of retail uses, offering ample space for display, inventory, and customer interaction. This is a multiple-tenancy property, although the entire space is currently available for lease. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence in this thriving community. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is situated at latitude 46.9959681 and longitude -122.8257915.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,575,330
    6.5%
    $4,223,382
    7%
    $3,921,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,772,743
    Geo Method
    $5,581,939
  • Alternative Use

    Use
    Valuation
    Residential
    $3,562,580
    Hospitality
    $3,263,304
    Educational
    $2,715,031
    Medical
    $2,808,405
    Retail
    $4,223,382

Location Insight

City
Lacey
County
Thurston
State
Washington
Latitude
46.9959
Longitude
-122.826
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
$26,001
$490,800
$2,245,700
$2,736,500
-
$490,800
$2,245,700
$2,736,500

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