4505 Martin Way E, Olympia, WA 98516 Property Records

Thurston County property record for 4505 Martin Way E, Olympia, WA 98516

Property Summary

Property Type	Grocery, Supermarket
Details	6,867 sqft · built 1995
Lot Size	1.82 acres (79,364 sqft)
Owner	Company Name on Record
Last Sale	$2,071,000 (Aug 2021)
Tax Bill	$11 (2026)
Deeds & Mortgages	Aug 2021 Sale & Mortgage Apr 2019 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`11817141600`

Property Details

APN / Parcel Number

Primary APN	`11817141600`

Interior

Stories	1 Story
Building Area	6,867 sqft Gross Area
1st Floor Area	6,867 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1995
Effective Year Built	Effective 1995
Exterior Material	Wood
Construction Type	Wood
Lot Area	79,364 sqft (1.82 acres)

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	4505 MARTIN WAY E
City	OLYMPIA
State	WA
Zip	98516-5364
Property Category	Commercial
Property Type	Commercial > Retail > Grocery, Supermarket
Local Zoning Code	HDC-4
Legal Description	SECTION 17 TOWNSHIP 18 RANGE 1W QUARTER SE NE BLA-5835 TR A DOCUMENT 2467/888
Legal Range	01
Legal Township	18
Legal Section	17
Legal Subdivision	BLA#BLA-5835
Legal Tract	A
Legal Block	1
Jurisdiction	THURSTON WA
Township / Civil Division	OLYMPIA
Census Block Group	1
Census Block	1014
Census Tract	12224

Owner

Source: Thurston County records, as of April 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2404 ALMA AVE, MANHATTAN BEACH, CA 90266-4340
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Aug 6, 2021	Warranty Deed, Transfer · Commercial Mortgage RIVERVIEW COMMUNITY BANK
Apr 26, 2019	Loan Modification, Mortgage THURSTON COUNTY TITLE COMPANY, THURSTON COUNTY TITLE CO
Oct 10, 2017	Warranty Deed, Transfer THURSTON COUNTY TITLE COMPANY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 6, 2021 · Amount on Record
Deed Sale	Aug 6, 2021 · Amount on Record
Prior Sale	Oct 10, 2017 · Amount on Record
Deed Document Number	20214872675
Record Updated	Jun 8, 2026

August 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	THURSTON WA
Recording Date	Aug 6, 2021
Property Address	4505 MARTIN WAY E, OLYMPIA, WA 98516-5364
Document Number	0004872675
Instrument Date	Aug 2, 2021
Instrument	4872675
Transaction Type	Transfer
Record Updated	Apr 9, 2024
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN NCS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$44,357.50
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2404 ALMA AVE, MANHATTAN BEACH, CA 90266-4340

Mortgage

Document Number	0004872676
Date	Aug 6, 2021
Instrument	4872676

Lender

Name	RIVERVIEW COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

April 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	THURSTON WA
Property Address	4505 MARTIN WAY E, OLYMPIA, WA 98516-5364
Document Number	0004688235
Instrument Date	Apr 26, 2019
Transaction Type	Mortgage
Record Updated	Jul 17, 2019
Title Company	THURSTON COUNTY TITLE COMPANY, THURSTON COUNTY TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	808 SW ALDER ST #200 PORTLAND OR 972053133, 200, PORTLAND, OR 97205-3133

October 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	THURSTON WA
Recording Date	Oct 10, 2017
Property Address	4505 MARTIN WAY E, OLYMPIA, WA 98516-5364
Document Number	0004590799
Instrument Date	Oct 6, 2017
Instrument	4590799
Transaction Type	Transfer
Record Updated	Nov 24, 2017
Title Company	THURSTON COUNTY TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

Tax Assessment & Valuation

Source: Thurston County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	Washington
County	Thurston County
Municipality	Olympia City
Unified School District	North Thurston Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$11.00 (-99.95%)
2025		$2,065,600 (-52.29%) Land $1,047,200 Building $1,018,400	$2,065,600 (-52.29%) Land $1,047,200 Building $1,018,400
2024	$22,389.00 (-47.42%)
2023	$42,582.00
2022		$4,329,800 Land $1,213,800 Building $3,116,000	$4,329,800 Land $1,213,800 Building $3,116,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective May 8, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 84% of Washington
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF OLYMPIA serves 126,966 people · EPA ID WA5363450
Water Source	Groundwater
Last State Inspection	Nov 2022
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 87 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, T-Mobile.

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