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    3624 Steilacoom Blvd SW Lakewood, WA 98499

    For Sale
    $1,500,000

    Flexible investment potential in a prime location with high traffic.

    Lot size:
    0.94 Acres

    Property Features for 3624 Steilacoom Blvd SW

    General Information

    Lot size
    0.94 Acres

    Source: Madison Bay Commercial Agent Jae An

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

    Overview

    High-Visibility C2 Zoned Property

    Located in a high-visibility area with C2 zoning, this property offers flexibility and investment potential. The site allows for a range of permitted uses, including restaurants, offices, retail, auto-related services, and lodging, making it suitable for various businesses. This property is suited for developers, investors, or owner-users, and offers traffic exposure and surrounding commercial activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace home services ... Gutter Cleaning Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.4853966
    Latitude
    47.1763038

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    FAQs

    What type of property is this?
    Individual retail property - Flexible investment potential in a prime location with high traffic.
    Where is this individual retail property located?
    The property is located at 3624 Steilacoom Blvd SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High-visibility location with C2 zoning, ideal for diverse commercial ventures.; - Wide range of permitted uses: restaurants, offices, retail, auto services, lodging, etc.; - Suitable for developers, investors, or owner-users.
    (206) 412-6036
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    3624 Steilacoom Blvd SW 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
    3624 Steilacoom Blvd SW Lakewood, WA 98499
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