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    12221-12321 Pacific Hwy SW Lakewood, WA 98499

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    For Sale
    $1,000,000

    Commercial land with high traffic and flexible zoning.

    Property size:
    130,507 SF
    Lot size:
    2.95 Acres

    Property Features for 12221-12321 Pacific Hwy SW

    General Information

    Size
    130,507 SF
    Lot size
    2.95 Acres

    Source: Lee & Associates Commercial Real Estate Services Agent Harrison Laird

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

    Overview

    High-Visibility Commercial Land Parcel

    This commercial land parcel offers premium visibility with 430 feet of frontage on Pacific Highway SW and 360 feet of frontage on I-5. The property is zoned C-1 by the City of Lakewood, allowing for a variety of commercial uses. The location benefits from high traffic volume, with over 141,924 vehicles per day passing between I-5 and Pacific Highway SW. The property size is 130,507 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.5087129
    Latitude
    47.1463668

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    FAQs

    What type of property is this?
    Land - Commercial land with high traffic and flexible zoning.
    Where is this land located?
    The property is located at 12221-12321 Pacific Hwy SW Lakewood, WA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Premium visibility with 430' frontage on Pacific Hwy and 360' on I-5.; - High traffic volume: 141,924 vehicles per day between I-5 and Pacific Hwy.; - Flexible C-1 zoning allows for myriad commercial uses.
    (253) 383-8382
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    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
    12221-12321 Pacific Hwy SW Lakewood, WA 98499
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