Thurston County Assessor
Parcel Number: 58610000500
 
Situs Address: 9705 LATHROP INDUSTRIAL DR SW
 
Owner: IWP HOLDINGS LLC
Address:9705 LATHROP INDUSTRIAL DR SW
 OLYMPIA, WA 98512
 
Taxpayer: IWP HOLDINGS LLC
Address:9705 LATHROP INDUSTRIAL DR SW
 OLYMPIA, WA 98512
 
Abbreviated Legal:Section 21 Township 17 Range 2W Plat LATHROP INDUSTRIAL PARK LT 5 Document 021/132
 
Associations:99001569300   INTERIOR WOOD PRODUCTS
Date: 2/21/2026
 
Sect/Town/Range:21 17 2W
 
Size:1.83 Acres
UseCode:39 Manf - Other
TCA Number:445
Neighborhood:2YKE
Property Type:IND
Taxable:YES
Active Exemptions:None
School District:TUMWATER S.D. #33
 
Water Source:PUBLIC
Sewer Type:SEPTIC

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$1,226,400$946,600$351,300$360,400$360,300$424,800$378,400$392,600$295,400$244,300
Market Value Buildings$1,232,100$2,028,900$1,283,800$2,063,500$1,323,800$1,046,700$1,108,200$1,037,700$1,028,900$1,174,900
Market Value Total$2,458,500$2,975,500$1,635,100$2,423,900$1,684,100$1,471,500$1,486,600$1,430,300$1,324,300$1,419,200

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
IND INTERIOR OFFICE19992136811368AVERAGEAVERAGE
STORAGE-WHSE1999121920121920AVERAGEAVERAGE
   
 ---------- 
 23288
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE2000400FAIRAVERAGE
PVNG-ASPHALT200026332FAIRAVERAGE

Land Characteristics

Land Flag8010
 
Lot Square Footage79868
 
Lot AcreageNot Listed
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:11/03/202310/20/1997
Price:$3,750,000$103,767
Excise:545630254054
Sale Type:STATUTRY WARNTY DEEDBARGAIN & SALE DEED
Recording Number:49968173116713
Seller:NEWLEAN DAVID F & BONNIE ATOWN & COUNTRY MARKET INC
Buyer:IWP HOLDINGS LLCNEWLEAN DAVID F/BONNIE A
Multiple Parcel Sale:YN
 
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