Thurston County Assessor
Parcel Number: 99700404200
 
Situs Address: 7171 CLEANWATER DR SW
 
Owner: NGP VII TUMWATER WA LLC
Address:1650 TYSONS BLVD STE 1500
 MC LEAN, VA 22102
 
Taxpayer: NGP VII TUMWATER WA LLC
Address:1650 TYSONS BLVD STE 1500
 MC LEAN, VA 22102
 
Abbreviated Legal:LEASE #204 TO OLYMPIA AIRDUSTRIAL PARK ASSOC LLC 32 YRS ENDING 07-31-2036 (SEE DOC FOR TERMS TO RENEW) UNIT 1 Document 3711103
 
Date: 2/25/2026
 
Sect/Town/Range:     
 
Size:Not Listed Acres
UseCode:63 Service - Business
TCA Number:440
Neighborhood:3OKE
Property Type:OFF
Taxable:YES
Active Exemptions:None

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land          
Market Value Buildings$31,024,000$33,448,000$34,057,900$37,393,600$25,297,800$21,098,500$21,080,000$20,132,100$22,864,400$26,241,000
Market Value Total$31,024,000$33,448,000$34,057,900$37,393,600$25,297,800$21,098,500$21,080,000$20,132,100$22,864,400$26,241,000


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
OFFICE2005137775137775AVERAGEAVERAGE
OFFICE2005236627136627AVERAGEAVERAGE
OFFICE2005337700137700AVERAGEAVERAGE
OFFICE2005437700137700AVERAGEAVERAGE
   
 ---------- 
 149802
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE20058352AVERAGEAVERAGE
PVNG-ASPHALT2005211600AVERAGEAVERAGE

Sales

Sale Date:03/15/202201/29/2016
Price:$39,750,000 
Excise:E024547729833
Sale Type:OTHERQUIT CLAIM DEED
Recording Number:49209304485427
Seller:AIRDUSTRIAL EQUITY II LLCOLYMPIA AIRDUSTRIAL PARK ASSOCIATES LLC
Buyer:NGP VII TUMWATER WA LLCAIRDUSTRIAL EQUITY II 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