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    9514 Gravelly Lake Dr SW | Lakewood Lakewood, WA 98499

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    For Lease
    $20 SF/Yr

    Iconic retail property with high visibility on a busy corner.

    Property size:
    51,580 SF
    Lot size:
    51,580 SF

    Property Features for 9514 Gravelly Lake Dr SW | Lakewood

    General Information

    Size
    51,580 SF

    Building Details

    Year built
    1937

    Source: Zachary Ota Agent Zachary Ota

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

    Overview

    Historic Building at Busy Intersection

    This iconic property, a historic building in Lakewood, is positioned at the intersection of Bridgeport Way SW and Gravelly Lake Drive SW. The property benefits from high visibility and heavy traffic counts at the corner of Bridgeport and Gravelly Lake Drive SW.
    Location Intelligence

    Current Use by Public Records

    NW Sports Physical ... Physical Therapy Clinic

    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
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.5197668
    Latitude
    47.1710257

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    FAQs

    What type of property is this?
    Retail property - Iconic retail property with high visibility on a busy corner.
    Where is this retail property located?
    The property is located at 9514 Gravelly Lake Dr SW | Lakewood Lakewood, WA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Iconic, historic building.; - Prime location at a busy intersection of Bridgeport Way SW and Gravelly Lake Drive SW.; - High visibility ensures your business will be noticed.
    (253) 405-5102
    Request Owner's contact information
    9514 Gravelly Lake Dr 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
    9514 Gravelly Lake Dr SW | Lakewood Lakewood, WA 98499
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