Thurston County Assessor
Parcel Number: 12816430303
 
Situs Address: 625 BLACK LAKE BLVD SW
 
Owner: CAPITAL MALL COMPANY
Address:PO BOX 130940
 CARLSBAD, CA 92013
 
Taxpayer: CAPITAL MALL CO
Address:PO BOX 130940
 CARLSBAD, CA 92013
 
Abbreviated Legal:Section 16 Township 18 Range 2W Quarter S2 SEC BAP S87-38-05E 50F & N1-53-14E 30F FROM S 1/4 COR SEC INTERSECTION COOPER POINT RD & 9TH; N1-53-14E ALG ELY R/W COOPER PT RD 226.42F TO CURVE
 
Associations:99002126368    MENCHIES FROZEN YOGURT
 99002112404    RECREATIONAL EQUIPMENT INC
 99002178448    SEPHORA #1314
 99002133032    TOTAL WINE & MORE
 99002199337    WINDSOR FASHIONS
Date: 2/22/2026
 
Sect/Town/Range:16 18 2W
 
Size:9.64 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$4,524,800$2,980,000$5,958,500$4,709,300$6,283,700$6,765,300$7,808,400$4,543,700$6,893,700$5,266,900
Market Value Buildings$2,602,400$4,820,800$2,399,500$4,017,000$2,558,200$6,308,900$6,691,600$8,571,100$8,391,400$12,421,000
Market Value Total$7,127,200$7,800,800$8,358,000$8,726,300$8,841,900$13,074,200$14,500,000$13,114,800$15,285,100$17,687,900


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
DISCOUNT-STR1980160094160094AVERAGEAVERAGE
DISCOUNT-STR1980259036159036AVERAGEAVERAGE
   
 ---------- 
 119130
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT1980295936FAIRAVERAGE
PVNG-CONCRTE198010926AVERAGEAVERAGE

Land Characteristics

Land Flag4040
 
Lot Square FootageNot Listed
 
Lot Acreage9.64
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)GA-GOOD ACCESS
CT-CONTIGUOUS

Sales

Sale Date:12/31/201009/29/200509/02/2004
Price: $7,500,000$2,024,182
Excise:513435343738329415
Sale Type:SPECIAL WARRNTY DEEDSPECIAL WARRNTY DEEDQUIT CLAIM DEED
Recording Number:419181137748203675729
Seller:CAPITAL MALL I LLCMDS REALTY II LLCMERVYN'S A CALIFORNIA CORP
Buyer:CAPITAL MALL COMPANYCAPITAL MALL I LLCMDS REALTY II LLC
Multiple Parcel Sale:NNN
 

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