Lakewood Office Building For
For Sale
$565,000
Pending
3819 100th Street SW, Lakewood, WA 98499
Office building with 3,607 square feet available for purchase.
Property Size3,607 SF
Days on Market565
Property Features for 3819 100th Street SW
General Information
Standard status
Pending
Size
3,607 SF
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC
Listed By:
TIMOTHY JOHNSON
(253) 209-9999
Source:
Corcoran
Added: Apr 12, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total area of 3,607 square feet. The property is located in Lakewood, Washington.
Key Highlights
- Office building available for purchase.
- Features 3,607 square feet of space.
- Built in 1978.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,090
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,800
$1.0M
Cap Rate 7%
$729,857
$729.9K
Cap Rate 9%
$567,667
$567.7K
Market Conditions
NOI Build-Up for 3,607 SF
Gross rent
$79.2K $21.96/SF
− Vacancy
−$11.1K −$3.07/SF
EGI
$68.1K $18.89/SF
− OpEx
−$17.0K −$4.72/SF
NOI
$51.1K $14.16/SF
Area
Pierce County, WA
Vacancy
14.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,800
Cap Rate 7%
$729,857
Cap Rate 9%
$567,667
Alternative Uses
Best Use
Office B
$729.9K
$638.6K – $851.5K
NOI $51,090 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$974.2K
$852.4K – $1.14M
NOI $68,195 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
Demographics for 98499, WA
33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building with 3,607 square feet available for purchase.
Where is this office building located?
The property is located at 3819 100th Street SW Lakewood, WA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Office building available for purchase.; Features 3,607 square feet of space.; Built in 1978.
