Thurston County Assessor
Parcel Number: 11817131903
 
Situs Address: 4280 MARTIN WAY E
 
Owner: 4280 SIMUL LLC
Address:2699 1/2 N BEACHWOOD DR UNIT 708
 LOS ANGELES, CA 90068
 
Taxpayer: SAFEWAY INC
Address:PO BOX 800729
 DALLAS, TX 75380
 
Abbreviated Legal:Section 17 Township 18 Range 1W LT 2 SS 002173 3379655
 
Associations:99002058856   SAFEWAY STORES INC #1952
Date: 2/24/2026
 
Sect/Town/Range:17 18 1W
 
Size:5.19 Acres
UseCode:54 Retail - Food
TCA Number:114
Neighborhood:2QL5
Property Type:RTL
Taxable:YES
Active Exemptions:None
School District:NORTH THURSTON S.D. #3
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$5,774,100$3,394,100$3,149,200$2,910,400$2,818,600$4,451,100$4,909,900$3,787,900$3,608,300$3,802,050
Market Value Buildings$7,140,500$7,086,100$6,480,000$9,537,600$6,219,900$4,640,600$5,114,800$5,317,600$4,939,000$4,420,700
Market Value Total$12,914,600$10,480,200$9,629,200$12,448,000$9,038,500$9,091,700$10,024,700$9,105,500$8,547,300$8,222,750


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
MARKET2002158670158670AVERAGEAVERAGE
STOR-MEZ-STG20021149911499AVERAGEAVERAGE
   
 ---------- 
 60169
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
OTHER20023360AVERAGEAVERAGE
PVNG-ASPHALT2002122500AVERAGEAVERAGE
PVNG-CONCRTE20029227AVERAGEAVERAGE

Land Characteristics

Land Flag5860
 
Lot Square Footage226100
 
Lot Acreage5.19
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:08/31/201801/18/201803/11/2002
Price:$10,800,000$9,602,925 
Excise:389100536274297888
Sale Type:SPECIAL WARRNTY DEEDSPECIAL WARRNTY DEEDBARGAIN & SALE DEED
Recording Number:464637246083363419399
Seller:CF ALBERT PROPCO II LLCSAFEWAY INC (FACILITY #1952)OLYMPIA #1952 EXCHANGE LLC
Buyer:4280 SIMUL LLCCF ALBERT PROPCO II LLCSAFEWAY INC (FACILITY #1952)
Multiple Parcel Sale:NNY
 
Sale Date:09/18/2001
Price: 
Excise:292841S
Sale Type:QUIT CLAIM DEED
Recording Number:3379660
Seller:WASH-STATE OF
Buyer:OLYMPIA #1952 EXCHANGE LLC
Multiple Parcel Sale:Y
 

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