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    5926 100Th St Tacoma, WA 98499

    For Sale
    $415,000

    Prime Lakewood office, 1,125 sq ft, 8.4% cap rate.

    Property size:
    1,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 1,125 square foot condominiumized office space presents a compelling opportunity in the heart of Lakewood, Washington. Located near Lakewood Towne Center, this Class B property offers convenient access to Interstate 5 and Highway 512, ensuring excellent commuter access. Built in 1972, the building boasts a well-maintained HVAC system and roof, minimizing future maintenance concerns. Currently vacant, this space is ideal for a small professional business owner-user seeking a move-in ready location. The property features separately metered utilities for efficient cost management. Zoned for Central Business District (CBD) use, this property offers significant flexibility. The asking price is $415,000, representing a strong 8.4% capitalization rate, making it an attractive investment opportunity. The property's address is 5926 100th St SW, Tacoma, WA 98499 (Pierce County), with APN 5135000048. This is a traditional office space suitable for executive use.

    Property Features for 5926 100Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,125 SF
    Class
    B

    Building Details

    Year Built
    1972

    HighLights

    • Asking price: $415,000
    • 1,125 square foot office condo in Tacoma, WA
    • Class B building, built in 1972
    • 8.40% cap rate, currently vacant
    • Located near Lakewood Towne Center, I‑5, and Hwy 512, with separately metered utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -122.516696
    Latitude
    47.16611

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Lakewood office, 1,125 sq ft, 8.4% cap rate.
    Where is this office property / space located?
    The property is located at 5926 100Th St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: Asking price: $415,000; 1,125 square foot office condo in Tacoma, WA; Class B building, built in 1972
    (206) 303-9595
    Request Owner's contact information
    5926 100Th St Tacoma, 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
    5926 100Th St Tacoma, WA 98499
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