Thurston County Assessor
Parcel Number: 78201100600
 
Situs Address: 724 STATE AVE NE
 
Owner: PORT OF OLYMPIA
Address:606 COLUMBIA ST NW STE 300
 OLYMPIA, WA 98501
 
Taxpayer: PORT OF OLYMPIA
Address:606 COLUMBIA ST NW STE 300
 OLYMPIA, WA 98501
 
Abbreviated Legal:Section 14 Township 18 Range 2W Quarter NW SE Plat SWANS BLK 11 LTS 6, 7 & 8 001037 TGW SLY 1/2 VAC ALLEY ADJ LTS 7 & 8 & ALL VAC ALLEY ADJ TO LT 6 ON N EX PTN LT 6 TO CITY OF OLY #821164
 
Associations:99002199331    ROYAL MART 102
Date: 2/21/2026
 
Sect/Town/Range:14 18 2W
 
Size:0.45 Acres
UseCode:54 Retail - Food
TCA Number:110
Neighborhood:28FB
Property Type:XMP
Taxable:YES
Active Exemptions:Government Property - Property is exempt from property tax and the assessed value may not represent market value.
School District:OLYMPIA S.D. #111
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$1,363,600$1,129,900$1,164,900$1,205,200$1,125,600$687,000$920,000$962,600$1,549,500$1,586,900
Market Value Buildings$1,089,700$1,411,800$1,347,500$1,848,200$818,000$732,800$355,900$258,400$264,400$337,000
Market Value Total$2,453,300$2,541,700$2,512,400$3,053,400$1,943,600$1,419,800$1,275,900$1,221,000$1,813,900$1,923,900

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
CONVENC-STOR19871258412584AVERAGEGOOD
   
 ---------- 
 2584
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT19879190AVERAGEAVERAGE
PVNG-CONCRTE19871475AVERAGEAVERAGE
FENCE-CHLK-61987170AVERAGEAVERAGE

Land Characteristics

Land Flag6000
 
Lot Square Footage19887
 
Lot Acreage0.45
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)GA-GOOD ACCESS

Sales

Sale Date:02/22/200710/29/200310/24/2003
Price:$1,907,500 $635,000
Excise:500018318036318035
Sale Type:STATUTRY WARNTY DEEDGRANT DEEDSPECIAL WARRNTY DEED
Recording Number:390642235925863592584
Seller:REICHERT KEVIN J & JEANNEREICHERT KEVINBP WEST COAST PRODUCTS LLC
Buyer:PORT OF OLYMPIAREICHERT KEVIN J & JEANNEREICHERT KEVIN J & JEANNE
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