Thurston County Assessor
Parcel Number: 11802430800
 
Situs Address: 2621 HOGUM BAY RD NE
 
Owner: LBA LVF VII-COMPANY LLC
Address:PO BOX 847
 CARLSBAD, CA 92018
 
Taxpayer: LBA LVF VII-COMPANY LLC
Address:PO BOX 847
 CARLSBAD, CA 92018
 
Abbreviated Legal:Section 02 Township 18 Range 1W Quarter SW SE BLA200004LA LT B Document 4783052
 
Associations:99002212783    PENSKE LOGISTICS LLC
 99002212798    SAFELITE FULFILLMENT LLC
Date: 2/21/2026
 
Sect/Town/Range:02 18 1W
 
Size:12.24 Acres
UseCode:69 Warehouse
TCA Number:241
Neighborhood:6WHC
Property Type:WHS
Taxable:YES
Active Exemptions:None
Fire District:FIRE DISTRICT #03
School District:NORTH THURSTON S.D. #3
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$6,801,900$3,303,700$3,405,900$2,537,700$2,594,100$3,234,400$2,093,900$1,079,000$1,239,400$1,089,600
Market Value Buildings$22,798,200$26,558,200$23,792,500$29,818,500$16,838,800     
Market Value Total$29,600,100$29,861,900$27,198,400$32,356,200$19,432,900$3,234,400$2,093,900$1,147,835$1,239,400$1,089,600

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
MEGA-WAREHOUSE202112009161200916AVERAGEAVERAGE
   
 ---------- 
 200916
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PATIO-CNCRTE2021154434AVERAGEAVERAGE
PVNG-ASPHALT2021109714AVERAGEAVERAGE

Land Characteristics

Land Flag8040
 
Lot Square Footage533231
 
Lot Acreage12.24
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:10/13/202012/19/201911/25/2019
Price: $4,388,560$1,333,333
Excise:E010351E004088E003874
Sale Type:QUIT CLAIM DEEDBARGAIN & SALE DEEDSTATUTRY WARNTY DEED
Recording Number:479218447270214723953
Seller:PACIFIC STORAGE PARTNERS LLCLIGHT INDUSTRIAL 8
Buyer:LBA LVF VII-COMPANY LLCLBA LVF VII-COMPANY LLCPACIFIC STORAGE PARTNERS LLC
Multiple Parcel Sale:YNN
 
Sale Date:09/02/201611/24/2008
Price:$45,930$5,153
Excise:530036506991
Sale Type:EASEMENTEASEMENT
Recording Number:45306974049827
Seller:
Buyer:LIGHT INDUSTRIAL 8LIGHT INDUSTRIAL 8
Multiple Parcel Sale:NN
 
The Assessor's Office maintains property records on approximately 112,000 parcels in Thurston County for tax purposes. Though records are updated regularly, the accuracy and timeliness of published data cannot be guaranteed. Any person or entity that relies on information obtained from this website does so at his or her own risk. Neither Thurston County nor the Assessor will be held liable for damage or losses caused by use of this information. All critical information should be independently verified.
 

Office of the Assessor

Steven J. Drew, Assessor
3000 Pacific Ave SE, Olympia WA 98501
Customer Service (360)867-2200 -- Fax (360)867-2201 -- TDD (360)754-2933