Thurston County Assessor
Parcel Number: 78720000100
 
Situs Address: 7321 E MARTIN WAY
 
Owner: FUNG COMMERCIAL PROPERTIES LLC
Address:715 FOX RUN DR NW
 OLYMPIA, WA 98502
 
Taxpayer: FUNG COMMERCIAL PROPERTIES LLC
Address:715 FOX RUN DR NW
 OLYMPIA, WA 98502
 
Abbreviated Legal:Section 15 Township 18 Range 1W Quarter NE NE TANGLEWILDE BUSINESS PARK BLA16114735TC B Document 4568837
 
Associations:99001885400   EMPEROR'S PALACE LACEY
Date: 2/21/2026
 
Sect/Town/Range:15 18 1W
 
Size:1.09 Acres
UseCode:54 Retail - Food
TCA Number:239
Neighborhood:2THC
Property Type:RST
Taxable:YES
Active Exemptions:None
Fire District:FIRE DISTRICT #03
School District:NORTH THURSTON S.D. #3
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$713,000$704,000$725,800$504,000$640,800$825,500$701,300$674,200$723,600$466,350
Market Value Buildings$1,025,100$926,300$856,600$955,900$554,200$516,700$446,400$547,400$516,100$546,300
Market Value Total$1,738,100$1,630,300$1,582,400$1,459,900$1,195,000$1,342,200$1,147,700$1,221,600$1,239,700$1,012,650


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
RESTAURANT19761633016330AVERAGEAVERAGE
   
 ---------- 
 6330
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE1976360FAIRAVERAGE
PVNG-ASPHALT197625322FAIRAVERAGE

Land Characteristics

Land Flag5830
 
Lot Square Footage47623
 
Lot Acreage1.09
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)ELS-SURPLUS LAND

Sales

Sale Date:09/06/201703/06/2015
Price: $1,045,000
Excise:534699726585
Sale Type:QUIT CLAIM DEEDSTATUTRY WARNTY DEED
Recording Number:45857624434332
Seller:THOMPSON LIMITED PRTNRSHP
Buyer:WT HOLDINGS III LLCFUNG COMMERCIAL PROPERTIES LLC
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