Thurston County Assessor
Parcel Number: 58610000100
 
Situs Address: 9603 LATHROP INDUSTRIAL DR SW
 
Owner: IIP-WA 1 LLC
Address:11440 W BERNARDO CT STE 100
 SAN DIEGO, CA 92127
 
Taxpayer: IIP-WA 1 LLC
Address:11440 W BERNARDO CT STE 100
 SAN DIEGO, CA 92127
 
Abbreviated Legal:Section 21 Township 17 Range 2W Plat LATHROP INDUSTRIAL PARK BLA-1831 TR A Document 3035956
 
Associations:99002148216    IIP-WA 1 LLC
 99002140207    NORTHWEST CANNABIS SOLUTIONS
Date: 2/21/2026
 
Sect/Town/Range:21 17 2W
 
Size:3.91 Acres
UseCode:39 Manf - Other
TCA Number:445
Neighborhood:6WKE
Property Type:WHS
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$1,829,000$1,169,400$1,216,200$829,800$601,000$856,900$763,200$752,800$701,400$478,850
Market Value Buildings$2,319,500$3,444,900$3,475,000$3,879,100$1,903,900$1,791,000$1,943,100$1,697,100$1,754,700$1,751,100
Market Value Total$4,148,500$4,614,300$4,691,200$4,708,900$2,504,900$2,647,900$2,706,300$2,449,900$2,456,100$2,229,950


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
IND-R/E-MEZZ19972186211862AVERAGEAVERAGE
STORAGE-WHSE1997139208139208AVERAGEAVERAGE
   
 ---------- 
 41070
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE19972200AVERAGEAVERAGE
PVNG-ASPHALT19975504FAIRAVERAGE
FENCE-CHLK-61997500AVERAGEAVERAGE

Land Characteristics

Land Flag8010
 
Lot Square Footage170391
 
Lot Acreage3.91
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)PS-PART IMPRVD SITE

Sales

Sale Date:12/17/202002/03/201703/16/2016
Price:$17,500,000 $5,000,000
Excise:E012078530913730374
Sale Type:SPECIAL WARRNTY DEEDQUIT CLAIM DEEDSTATUTRY WARNTY DEED
Recording Number:480992845480494492819
Seller:REAL ESTATE PROPERTIES LLCGLOBAL REAL ESTATE PROPERTIES LLCKAUFMAN HOLDINGS INC
Buyer:IIP-WA 1 LLCREAL ESTATE PROPERTIES LLCGLOBAL REAL ESTATE PROPERTIES LLC
Multiple Parcel Sale:YYY
 
Sale Date:12/19/201206/22/1995
Price: $334,697
Excise:7188300233538
Sale Type:QUIT CLAIM DEEDWARRANTY DEED
Recording Number:430831024200951
Seller:KAUFMAN BROTHERS CONST INCTOWN & COUNTRY MARKET INC
Buyer:KAUFMAN HOLDINGS INCKAUGMAN BROS CONST INC
Multiple Parcel Sale:NY
 

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