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    12221-12311 Pacific Hwy SW | Lakewood Lakewood, WA 98499

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    For Sale
    $1,000,000

    Commercial land with significant frontage and high traffic exposure.

    Property size:
    130 SF

    Property Features for 12221-12311 Pacific Hwy SW | Lakewood

    General Information

    Size
    130 SF

    Source: John Bauder, CCIM Agent John Bauder, CCIM

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

    Overview

    High-Visibility Commercial Land Parcel

    This commercial land parcel offers premium visibility with 430 feet of frontage on Pacific Highway SW and 360 feet of frontage on I-5. The property is zoned C-1 by the City of Lakewood, allowing for a variety of commercial uses. The location benefits from high traffic volume on both I-5 and Pacific Highway SW. Due to a required approximately 250-foot creek setback, the site is not suitable for industrial uses. Commercial uses are likely to require only a 68 to 72-foot setback.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -122.5087129
    Latitude
    47.1463668

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with significant frontage and high traffic exposure.
    Where is this commercial land located?
    The property is located at 12221-12311 Pacific Hwy SW | Lakewood 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: - 430' of frontage on Pacific Hwy and 360' on I-5.; - Premium visibility location.; - High traffic volume from I-5 and Pacific Hwy.
    (253) 820-5822
    Request Owner's contact information
    12221-12311 Pacific Hwy SW | Lakewood Lakewood, WA 98499
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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
    12221-12311 Pacific Hwy SW | Lakewood Lakewood, WA 98499
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