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    6403 Lakewood Dr Tacoma, WA 98467

    Sponsored
    For Sale
    $1,649,000

    Prime Tacoma Office, 6,106 SF, Updated

    Property size:
    6,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, located at 6403 Lakewood Dr W, University Place, WA 98467, offers 6,106 square feet of versatile space ideal for traditional, medical, or creative office uses. Built in 1986 and extensively renovated in 2022 and 2023, the property features new flooring, paint, lighting, a new roof, and updated landscaping. The 0.47-acre lot (20,477 square feet) provides ample parking. Interior highlights include numerous private offices, a breakroom, a conference room, and a welcoming reception area. Its prime corner location on Lakewood Drive offers excellent visibility and accessibility, situated directly across from Meadow Park Golf Course, and benefits from its location on the border of Tacoma and University Place. The property's APN is 0220265004. This exceptional opportunity is available for $1,649,000.

    Property Features for 6403 Lakewood Dr

    General Information

    Property type
    Office space
    Square Feet
    6,106 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built/Renovated
    1986/2022
    Stories
    2

    HighLights

    • $1,649,000 asking price.
    • 6,106 square foot office building.
    • Located at 6403 Lakewood Dr W, University Place, WA 98467, on a 0.47‑acre lot (APN 0220265004).
    • Two‑story building constructed in 1986, renovated in 2022 and 2023.
    • 2022 renovations included new flooring, paint, and lighting; 2023 improvements included a new roof and landscaping.
    Property Profile Location Intelligence

    Current Use by Public Records

    UFCW Local 367 Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.5083291
    Latitude
    47.1988732

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    FAQs

    What type of property is this?
    Office space - Prime Tacoma Office, 6,106 SF, Updated
    Where is this office space located?
    The property is located at 6403 Lakewood Dr Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,649,000.
    What are key features of this property?
    This property features: $1,649,000 asking price.; 6,106 square foot office building.; Located at 6403 Lakewood Dr W, University Place, WA 98467, on a 0.47-acre lot (APN 0220265004).
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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
    6403 Lakewood Dr Tacoma, WA 98467
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