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    6403 Lakewood Dr W University Place, WA 98467

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    For Sale
    $1,549,500

    Prime location office building with recent renovations and ample parking.

    Property size:
    6,104 SF

    Property Features for 6403 Lakewood Dr W

    General Information

    Standard status
    Active
    Size
    6,104 SF

    Building Details

    Year built
    1986

    Source: KIDDER MATHEWS Agent JEROME O'LEARY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Quality Office Building For Sale

    This quality office building is situated in a prime location bordering Tacoma and University Place, occupying a corner lot across from Meadow Park Golf Course. The building, totaling 6104 square feet, is in excellent condition and features several private offices, conference rooms, and a breakroom area. A reception area provides space for cubicles and a work area. The property benefits from abundant parking and high-quality landscaping. A new roof was installed in 2023, and an interior renovation was completed in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    University Place
    County
    Pierce
    State
    Washington
    Longitude
    -122.5083254
    Latitude
    47.1988758

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    FAQs

    What type of property is this?
    Office building - Prime location office building with recent renovations and ample parking.
    Where is this office building located?
    The property is located at 6403 Lakewood Dr W University Place, WA.
    What is the asking price?
    The asking price for this property is $1,549,500.
    What are key features of this property?
    This property features: - Prime location bordering Tacoma and University Place, across from Meadow Park Golf Course.; - Recent renovations include a new roof (2023) and interior renovation (2022).; - Well-maintained building in excellent condition.
    Request Owner's contact information
    6403 Lakewood Dr W University Place, WA 98467
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6403 Lakewood Dr W University Place, WA 98467
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