8570 Martin Way E, Lacey (Olympia), WA 98516 Property Records

Thurston County property record for 8570 Martin Way E, Lacey, WA 98516

Property Summary

Property TypeHotel
Details18,234 sqft · built 2017
Lot Size1.57 acres (68,770 sqft)
OwnerCompany Name on Record
Last Sale$974,719 (Mar 2016)
Tax Bill$11 (2026)
Deeds & MortgagesMay 2017 Construction Loan
Flood ZoneZone X (minimal risk)
APN11812320201

Property Details

APN / Parcel Number

Primary APN11812320201

Interior

Stories1 Story
Building Area18,234 sqft Gross Area
1st Floor Area18,234 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2017
Effective Year BuiltEffective 2017
Exterior MaterialWood
Construction TypeWood
Lot Area68,770 sqft (1.57 acres)
Total Buildings4 Buildings

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address8570 MARTIN WAY E
CityLACEY
StateWA
Zip98516-5811
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel
Local Zoning CodeMHDC
Legal DescriptionSECTION 12 TOWNSHIP 18 RANGE 1W QUARTER NW SW SS98004LA LT 1 DOCUMENT 3202531
Legal Range01
Legal Township18
Legal Section12
Legal SubdivisionSP98004LA
Legal Block2
Legal Lot Number1
JurisdictionTHURSTON WA
Township / Civil DivisionOLYMPIA EAST
Census Block Group2
Census Block2016
Census Tract12330

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 RecordCompany Name on Record
Mailing Address2731 77TH AVE SE, 203, MERCER ISLAND, WA 98040-2800
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 16, 2016 · Amount on Record
Deed SaleMar 16, 2016 · Amount on Record
Prior SaleNov 30, 2005 · Amount on Record
Deed Document Number20164491696
Prior Transfer DateNov 29, 2005
Prior Transfer Doc0003789195
Record UpdatedJun 8, 2026

May 2017: Trustee's Deed, Construction Loan

Document TypeTrustee's Deed
JurisdictionTHURSTON WA
Recording DateMay 2, 2017
Property Address8570 MARTIN WAY E, LACEY, WA 98516-5811
Instrument DateMay 1, 2017
Instrument4561681
Transaction TypeConstruction Loan
Record UpdatedJan 10, 2020
Title CompanyTHURSTON COUNTY TITLE COMPANY, THURSTON COUNTY TITLE CO

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2731 77TH AVE SE #203 MERCER ISLAND WA 980402800, 203, MERCER ISLAND, WA 98040-2800

Mortgage

Document Number0004561681
DateMay 2, 2017
Instrument4561681
Lender
NameMOUNTAIN PACIFIC BK
TypeBank
Address3732 BROADWAY, EVERETT, WA 98201-5030
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateWashington
CountyThurston County
MunicipalityLacey City
Unified School DistrictNorth Thurston Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$11.00 (-99.97%)
2025$4,066,900 (-18.62%) Land $1,291,300 Building $2,775,600$4,066,900 (-18.62%) Land $1,291,300 Building $2,775,600
2024$43,409.00 (-8.57%)
2023$47,478.00
2022$4,997,700 Land $581,200 Building $4,416,500$4,997,700 Land $581,200 Building $4,416,500

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.4% of Washington
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemLACEY WATER DEPARTMENT
serves 105,178 people · EPA ID WA5343500
Water SourceGroundwater
Last State InspectionAug 2022

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
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 198 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable · Fiber in parts of the area
2,000 / 250
CenturyLink
DSL · Fiber in parts of the area
140 / 20

May also be available: T-Mobile, Verizon.

Nearby Properties on Martin Way E

Nearby Streets

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