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    20206 8Th Ave E Spanaway, WA 98387

    For Sale
    $635,000

    Land with direct highway access and nearby retail.

    Property Features for 20206 8Th Ave E

    General Information

    Standard status
    Active

    Source: FIRST WESTERN PROPERTIES - TACOMA, INC. Agent PATRIC GRISSOM

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

    Overview

    Land with Highway Access

    This commercial land parcel offers direct access to Highway 7 (Mountain Highway). The property is located across from a Walmart Super Store and next to a new Sonic Drive-In. Affordable apartment units are under construction behind the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spanaway
    County
    Pierce
    State
    Washington
    Longitude
    -122.4222191
    Latitude
    47.0731074

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      Established Neighborhood Property with Potential

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      Mobile Home Park For Sale

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    FAQs

    What type of property is this?
    Commercial land - Land with direct highway access and nearby retail.
    Where is this commercial land located?
    The property is located at 20206 8Th Ave E Spanaway, WA.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: - Direct access to Hwy 7 (Mountain Highway); - Across from Walmart Super Store; - Next to a brand new Sonic Drive-In
    Request Owner's contact information
    20206 8Th Ave E Spanaway, WA 98387
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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
    20206 8Th Ave E Spanaway, WA 98387
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