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    9707 Key Peninsula Hwy NW Gig Harbor, WA 98329

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    For Sale
    $1,450,000

    Profitable auto repair business and real estate for sale.

    Property size:
    3,488 SF
    Lot size:
    2.47 Acres

    Property Features for 9707 Key Peninsula Hwy NW

    General Information

    Size
    3,488 SF
    Lot size
    2.47 Acres

    Source: Real Estate 2000 Corp. Agent David Hilbert

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

    Overview

    Established Auto Repair Business Opportunity

    This is a rare opportunity to own an auto repair business in a 6-bay auto center that has been thriving for over 17 years. The offering includes both the business and the real estate. The fully stocked 3,488-square-foot auto repair building is situated on a 2.47-acre lot. The business includes a vast inventory of tools. The property features a fenced area for 50 cars, dual drive-through entries, and wired security. The proforma gross income is $1,162,588.46, with a proforma net income of $357,438.79, resulting in a proforma cap rate of 24.7%. There is potential to increase profit by expanding business hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Absolute Auto Care Auto Repair Shop

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

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

    Similar Places Nearby

    Absolute Auto Care, Glen Cove Repair, Code Red Trucking

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.741986
    Latitude
    47.3457661

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    FAQs

    What type of property is this?
    Auto shop - Profitable auto repair business and real estate for sale.
    Where is this auto shop located?
    The property is located at 9707 Key Peninsula Hwy NW Gig Harbor, WA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Established auto repair business with 17+ years of operation.; - Includes both the business and real estate.; - High Proforma Cap Rate of 24.7%.
    (425) 280-6542
    Request Owner's contact information
    9707 Key Peninsula Hwy NW Gig Harbor, WA 98329
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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
    9707 Key Peninsula Hwy NW Gig Harbor, WA 98329
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