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    20623 34Th Ave E Spanaway, WA 98387

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    For Lease
    $9 SF/Yr

    1,110,154 SF warehouse space with I-5 access.

    Property size:
    1,110,154 SF
    Lot size:
    38.85 Acres

    Property Features for 20623 34Th Ave E

    General Information

    Size
    1,110,154 SF
    Lot size
    38.85 Acres

    Source: Kidder Mathews Agent Tyler Clarke

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

    Overview

    Large Industrial Space Near I-5

    This 1,110,154 square foot industrial property is available for lease. It features concrete tilt construction and a reinforced slab. The building offers three-phase power and ESFR fire protection. It has a 40-foot clear height and trailer parking. Dock packages are installed on all doors, including shelters, bumpers, and mechanical levelers. The property provides immediate access to I-5 and is located three minutes from SR-512. Build-to-suit office space is available. The lease rate is $0.80 per square foot, gross.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Food Market Electrical Service Furniture Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Spanaway
    County
    Pierce
    State
    Washington
    Longitude
    -122.3820343
    Latitude
    47.069282

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    FAQs

    What type of property is this?
    Warehouse - 1,110,154 SF warehouse space with I-5 access.
    Where is this warehouse located?
    The property is located at 20623 34Th Ave E Spanaway, WA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-5; - 40’ clear height; - **1,110,154 square feet available**
    (253) 720-2211
    Request Owner's contact information
    20623 34Th Ave E Spanaway, WA 98387
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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
    20623 34Th Ave E Spanaway, WA 98387
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