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    7610 40 St W University Place, WA

    For Lease
    $19 SF/Yr ($4,829 /Mo)

    High-quality office space suitable for medical or dental conversion.

    Property size:
    3,050 SF
    Lot size:
    0.89 Acres

    Property Features for 7610 40 St W

    General Information

    Size
    3,050 SF
    Lot size
    0.89 Acres

    Source: First Western Properties - Tacoma, Inc. Agent Andy Jessberger

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

    Overview

    Freestanding Office Space Available

    This is a high-quality office space located in a freestanding building. The space features nice construction and is suitable for conversion to medical and dental uses. Landlord improvements are available for a 5-year lease. The property offers a total area of 3050 square feet and is located in University Place, WA.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    University Place
    County
    Pierce
    State
    Washington
    Longitude
    -122.439914
    Latitude
    47.248495

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    FAQs

    What type of property is this?
    Office space - High-quality office space suitable for medical or dental conversion.
    Where is this office space located?
    The property is located at 7610 40 St W University Place, WA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding building; - High quality space with nice construction; - Landlord Improvements available for 5 year lease
    (253) 471-5507
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    7610 40 St W University Place, WA
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    University Place, WA
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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
    7610 40 St W University Place, WA
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