Thurston County Assessor
Parcel Number: 12816430300
 
Situs Address: 625 BLACK LAKE BLVD SW
 
Owner: CAPITAL MALL CO
Address:PO BOX 130940
 CARLSBAD, CA 92013
 
Taxpayer: CAPITAL MALL
Address:PO BOX 130940
 CARLSBAD, CA 92013
 
Abbreviated Legal:16-18-2W S2 LESS MACY'S PARCEL:12816430304; LESS MERVYNS PARCEL:12816430303; LESS RED ROBIN BUILDING ONLY PARCEL:12816430306. BEG AT PT S87-38-06E FROM S QUARTER COR OF SAID SEC QUARTER COR BEING R/W
 
Associations:99002155700    7 IMPORTS
 99002086090   ABERCROMBIE & FITCH STORES INC DBA HOLLISTER CO
 99002171174    ADIDAS AMERICA INC
 99002045563   AMERICAN EAGLE OUTFITTERS #469
 99002072853   APPLEBEES NEIGHBORHOOD GRILL & BAR
 99002155708    BANTER BY PIERCING PAGODA #0795
 99002039736   BATH & BODY WORKS #4183
 99002065742   BEST BUY STORES LP
 99002163603    BOX LUNCH #4603
 99002155704    BRAGANZA PEARL TEA
 99002086086   BUCKLE INC
 99002148269    CAPITAL MALL COMPANY
 99002085261   CENTURY THEATRES OLYMPIA
 99002072842   CHARLEYS PHILLY STEAKS
 99002112373    CHIPOTLE MEXICAN GRILL INC #1581
 99002072078   CHUCK E CHEESE #300
 99002155705    CINNABON
 99001194000   CLAIRES BOUTIQUES INC #5704
 99002155706    DICKS SPORTING GOODS
 99002155707    EARTHBOUND TRADING COMPANY
 99002033786   FOOT LOCKER RETAIL INC #14667
 99002052663   GAMESTOP #4596 CAPITAL MALL WA
 99002163626    H & M
 99002039533   HOT TOPIC #165
 99002072832   JOURNEYS SHOES #1414
 99001313200   KAY JEWELERS #589
 99002086087   LIDS #6082
 99002155698    LIVIT MOBILE LLC
 99001252500   LUXOTTICA OF AMERICA INC #4307
 99002126316    MAURICES #2096
 99002212660    MINISO WINKY STORE HOLDINGS LLC
 99002206134    NORTHWEST GRIND LLC
 99002052186   OLD NAVY 03090
 99001812000   OLIVE GARDEN #1448
 99002046280   PANDA EXPRESS #884
 99002205875    PANDORA VENTURES LLC DBA PANDORA
 99001421500   PEARLE EYE & TECH #6304
 99000696900   PENNEY OPCO LLC
 99002192235    PRO IMAGE SPORTS #656
 99001107700   SHUTTERFLY LIFETOUCH LLC
 99002133337    SMARTE CARTE INC
 99002205776    SOLE & STYLE LLC
 99000688800   SPENCER GIFTS INC #334
 99002170781    STACK BURGER #3 LLC
 99002178404    SUNGLASS HUT - MACYS
 99002086091   TORRID #5174
 99002126350    VANS #346
 99002039129   VICTORIA'S SECRET STORES #01039
 99002072838   WETZELS PRETZELS
 99001677400   ZUMIEZ INC #18
Date: 2/21/2026
 
Sect/Town/Range:16 18 2W
 
Size:49.48 Acres
UseCode:53 Retail - General Mrchds
TCA Number:110
Neighborhood:6SEA
Property Type:RTL
Taxable:YES
Active Exemptions:None
School District:OLYMPIA S.D. #111
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$25,023,600$14,999,800$25,263,400$18,728,500$22,691,800$25,845,900$29,444,200$15,202,900$23,414,600$15,440,300
Market Value Buildings$36,923,500$27,801,400$17,008,600$25,405,200$25,731,300$37,809,700$44,055,800$54,691,700$49,679,300$55,069,300
Market Value Total$61,947,100$42,801,200$42,272,000$44,133,700$48,423,100$63,655,600$73,500,000$69,894,600$73,093,900$70,509,600

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
DISCOUNT-STR1979197746197746AVERAGEAVERAGE
DISCOUNT-STR1979155356155356AVERAGEAVERAGE
DISCOUNT-STR2016150878150878AVERAGEAVERAGE
ENCLOSD-MALL2006127958127958AVERAGEAVERAGE
ENCLOSD-MALL197912866081286608AVERAGEAVERAGE
FAST-FOOD-RS20251500415004AVERAGEAVERAGE
RESTAURANT19941926019260AVERAGEAVERAGE
RESTAURANT20061506815068AVERAGEAVERAGE
THEATER2006148036148036AVERAGEAVERAGE
THEATER2006214552114552AVERAGEAVERAGE
   
 ---------- 
 600466
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE198023280AVERAGEAVERAGE
PVNG-ASPHALT1979907364AVERAGEAVERAGE

Land Characteristics

Land Flag4040
 
Lot Square FootageNot Listed
 
Lot Acreage49.48
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)GA-GOOD ACCESS
CT-CONTIGUOUS

Sales

Sale Date:03/30/2007
Price:$10,967,662
Excise:700483
Sale Type:STATUTRY WARNTY DEED
Recording Number:3915838
Seller:OLYMPIA MALL CO
Buyer:CAPITAL MALL CO
Multiple Parcel Sale:N
 
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