Thurston County Assessor
Parcel Number: 45700700001
 
Situs Address: 240 CUSTER WAY SW
 
Owner: FALLS DEVELOPMENT LLC
Address:PO BOX 119
 CENTRALIA, WA 98531
 
Taxpayer: FALLS DEVELOPMENT LLC
Address:PO BOX 119
 CENTRALIA, WA 98531
 
Abbreviated Legal:Section 26 Township 18 Range 2W Quarter NW SW Plat EAST TUMWATER BLK 7 ALL EX PTN Document 002/018 EX PTN BEING W 57.5F OF S 115F THEREOF (45700700003 & 45700700005)
 
Date: 2/21/2026
 
Sect/Town/Range:26 18 2W
 
Size:1.22 Acres
UseCode:39 Manf - Other
TCA Number:440
Neighborhood:2YKE
Property Type:IND
Taxable:YES
Active Exemptions:None
School District:TUMWATER S.D. #33
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$710,200$449,400$370,700$360,800$399,900$432,400$411,200$583,300$567,600$571,700
Market Value Buildings$703,300$940,700$685,400$1,140,500$830,400$643,800$430,300$400,200$392,800$549,800
Market Value Total$1,413,500$1,390,100$1,056,100$1,501,300$1,230,300$1,076,200$841,500$983,500$960,400$1,121,500

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
INDUST-MFCTR1966132965132965FAIRPOOR
INDUST-MFCTR1966230268130268FAIRPOOR
INDUST-MFCTR1966330268130268FAIRPOOR
INDUST-MFCTR1966430268130268FAIRPOOR
INDUST-MFCTR1966530268130268FAIRPOOR
   
 ---------- 
 154037
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT196815450AVERAGEFAIR

Land Characteristics

Land Flag8010
 
Lot Square Footage53143
 
Lot Acreage1.22
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:12/06/201204/03/200712/29/2005
Price: $1,750,000 
Excise:718733500671346700
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEEDQUIT CLAIM DEED
Recording Number:430690039161943797480
Seller:240 CUSTER WAY LLCSHAMROCK STORAGE LLCOCONNELL TRUSTEES JOHN J & SIOHBAIN T
Buyer:FALLS DEVELOPMENT LLC240 CUSTER WAY LLCSHAMROCK STORAGE LLC
Multiple Parcel Sale:NNY
 
Sale Date:11/04/200503/31/2004
Price:$948,000$9,700,000
Excise:344822322615
Sale Type:SPECIAL WARRNTY DEEDSPECIAL WARRNTY DEED
Recording Number:37825573629872
Seller:ALL AMERICAN BOTTLED WATER CORPMILLER BREWING COMPANY
Buyer:OCONNELL TRUSTEES JOHN J & SIOHBAIN TALL AMERICAN BOTTLED WATER CORP
Multiple Parcel Sale:YY
 
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