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    11738 Canterwood Blvd NW Gig Harbor, WA 98332

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    For Sale
    $3,500,000

    7.6 acre development site in North Gig Harbor.

    Property Features for 11738 Canterwood Blvd NW

    General Information

    Standard status
    Active

    Source: FIRST WESTERN PROPERTIES - TACOMA, INC. Agent LISA TALLMAN

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

    Overview

    Gig Harbor Development Site

    This 7.6-acre development site is located on Canterwood Blvd in North Gig Harbor, Washington. Situated across from St Anthony's Hospital (Virginia Mason Franciscan Health), the site is a 3-minute drive from the Gig Harbor North shopping area, which includes national retailers such as Target, Costco, Home Depot, McDonald's, and Starbucks. The property is zoned B-2 in the City of Gig Harbor, which allows for a variety of uses including office, retail, hospitality, entertainment, and adult family homes. Multifamily developments are also permitted with a Conditional Use Permit (CUP).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.6129771
    Latitude
    47.3635345

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    FAQs

    What type of property is this?
    Commercial land - 7.6 acre development site in North Gig Harbor.
    Where is this commercial land located?
    The property is located at 11738 Canterwood Blvd NW Gig Harbor, WA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime 7.6-acre development site on Canterwood Blvd in North Gig Harbor.; - B-2 Zoning allows for diverse development options including office, retail, hospitality, and multifamily.; - Located across from St Anthony's Hospital (Virginia Mason Franciscan Health).
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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
    11738 Canterwood Blvd NW Gig Harbor, WA 98332
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