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    9124 Gravelly Lake Dr SW Lakewood, WA 98499

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    For Sale
    $1,000,000

    Vacant office building with excellent access and monument signage.

    Property Features for 9124 Gravelly Lake Dr SW

    General Information

    Standard status
    Active

    Building Details

    Year built
    1986

    Source: WINDERMERE PROFESSIONAL PARTNERS Agent BRENT TORNQUIST

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

    Overview

    Professional Building with High Visibility

    This professional building, comprising approximately 3885 square feet, presents an opportunity for an owner-user or investment. The property benefits from high visibility and accessibility, situated at the intersection of Bridgeport Way and Gravelly Lake Drive, with traffic exceeding 20,000 vehicles per day. The building features upgraded HVAC and tasteful finishes. The layout includes 4 office suites, accommodating multiple uses and potential tenants. Additional parking is secured through a cross-parking easement. Monument signage and access are available on both major roadways. The building is currently 100% vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heather Crittendon Realtor/Tacoma ... Real Estate Agency Fairway Independent Mortgage ... Mortgage Lender Rain City Property ... Property Management Company Tacoma Urban Digs Real Estate Agency Hair Wear By ... Hair Replacement Service

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.5175718
    Latitude
    47.1733381

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    FAQs

    What type of property is this?
    Office building - Vacant office building with excellent access and monument signage.
    Where is this office building located?
    The property is located at 9124 Gravelly Lake Dr SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 100% Vacant: Ideal for owner-user or investment property.; - High Visibility & Access: Located on Bridgeport Way and Gravelly Lake Dr with 20,000+ vehicles per day.; - Professional Building: Attractive 3885sf +/- building suitable for various professional uses.
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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
    9124 Gravelly Lake Dr SW Lakewood, WA 98499
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