Thurston County Assessor
Parcel Number: 12821120500
 
Situs Address: 2815 CAPITAL MALL DR SW
 
Owner: EMMAUS CAPITAL LLC
Address:17837 1ST AVE S PMB 244
 NORMANDY PARK, WA 98148
 
Taxpayer: EMMAUS CAPITAL LLC
Address:17837 1ST AVE S PMB 244
 NORMANDY PARK, WA 98148
 
Abbreviated Legal:21-18-2W W2-NE-NW-NE / PT NW-NW-NE LY E OF LN RUN S 0 -02-40E
 
Date: 4/17/2026
 
Sect/Town/Range:21 18 2W
 
Size:5.01 Acres
UseCode:53 Retail - General Mrchds
TCA Number:110
Neighborhood:6N01
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$1,522,000$1,580,400$2,085,000$1,404,300$1,835,700$2,106,500$2,401,700$1,720,800$1,443,300$887,750
Market Value Buildings$2,122,200$2,919,500$4,189,500$5,160,800$3,657,300$2,954,300$2,721,000$2,934,500$2,645,900$2,702,300
Market Value Total$3,644,200$4,499,900$6,274,500$6,565,100$5,493,000$5,060,800$5,122,700$4,655,300$4,089,200$3,590,050


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
DISCOUNT-STR1995135284135284AVERAGEAVERAGE
STOR-MEZ-OFF199525521552AVERAGEAVERAGE
   
 ---------- 
 35836
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT199586200AVERAGEAVERAGE
PVNG-CONCRTE1995720FAIRAVERAGE

Land Characteristics

Land Flag4040
 
Lot Square FootageNot Listed
 
Lot Acreage5.01
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)FE-FAIR EXPOSURE
MT-MOD-TRAFFIC

Sales

Sale Date:10/03/202506/05/202505/01/2014
Price:$5,587,000$1,396,750$3,700,000
Excise:E047262E047259723333
Sale Type:STATUTRY WARNTY DEEDBARGAIN & SALE DEEDSPECIAL WARRNTY DEED
Recording Number:507418350741424390475
Seller:2815 CMD LLCCC INVESTORS
Buyer:EMMAUS CAPITAL LLCEMMAUS CAPITAL LLCJENSEN & JADE CHENG TRUST
Multiple Parcel Sale:NNN
 
Sale Date:01/19/199601/13/1995
Price:$4,700,000$759,500
Excise:02387640229874
Sale Type:WARRANTY DEEDWARRANTY DEED
Recording Number:0301052023650334
Seller:CIRCUIT CITY STORES INCWEST OLYMPIA COMML PROP
Buyer:CC INVESTORSCIRCUIT CITY STORES INC
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