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    11304 Steele St S Lakewood, WA 98499

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    For Lease
    $1.15 SF/Yr ($563 /Mo)

    5,880 SF flex space with high visibility and great access.

    Property size:
    5,880 SF
    Lot size:
    1.98 Acres

    Property Features for 11304 Steele St S

    General Information

    Size
    5,880 SF
    Lot size
    1.98 Acres

    Source: NAI Puget Sound Properties Agent Kyle Schipper, SIOR

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

    Overview

    Lakewood Flex Space Available

    This 5,880 square foot flex space is located in Building B at 11304 Steele St S within a three-building business park. The property is situated on 1.98 acres and offers high visibility. It features two grade-level doors with drive-through access and an 18-foot clear height. The building is equipped with 3-phase, 200 amp power from Lakeview Light & Power. The location provides convenient access to SR-512, I-5, Lakewood, Tacoma, and Puyallup.
    Location Intelligence

    Current Use by Public Records

    Outside Machine Services Engine Rebuilding Service 56 Street Tires Tire Shop

    Suggested Use

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

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

    Similar Places Nearby

    Juanderfull Edibles L.L.C

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.4685155
    Latitude
    47.1547031

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    FAQs

    What type of property is this?
    Flex space - 5,880 SF flex space with high visibility and great access.
    Where is this flex space located?
    The property is located at 11304 Steele St S Lakewood, WA.
    What is the lease rate?
    The lease rate is $1.15 SF/Yr.
    What are key features of this property?
    This property features: - Great access to SR-512, I-5, Lakewood, Tacoma, and Puyallup; - 5,880 SF available in Building B at 11304 Steele St S; - High visibility location
    (253) 203-1320
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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
    11304 Steele St S Lakewood, WA 98499
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