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    21621 Mountain Hwy Spanaway, WA 98387

    For Lease
    $0.92 SF/Yr ($1,033 /Mo)

    Spanaway Industrial Space: Office & Yard

    Lot size:
    13,485 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Spanaway, WA property offers a unique blend of commercial and industrial space, ideal for a variety of businesses. Situated on a 3.46-acre lot (150,718 sq ft) with a large, level, graveled, and fully fenced yard, this property boasts ample space for contractor yards, tractor/trailer parking, or other outdoor storage needs. The main building, constructed in 1972 and renovated in 1994, comprises 13,485 square feet across two stories, divided into five suites. The property's versatile nature accommodates multiple tenants, making it suitable for a range of uses, including executive office space, creative office space, manufacturing, and traditional warehouse/distribution. Its convenient location on SR-7 provides easy access to amenities. Utilities such as water, sewer, and electricity are included in the rental cost. The property's APN is 0318104043, located in Pierce County. The property's excellent security features include very well-lit yard space. This is a rare opportunity to acquire a substantial property with a combination of indoor and outdoor space, perfectly suited for a business seeking both office and yard space. Prospective tenants are responsible for verifying all information independently.

    Property Features for 21621 Mountain Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,485 SF
    Total Rate
    1033.85

    Building Details

    Year Built/Renovated
    1972/1994
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Yard/Land lot
    Size
    78,408 SF
    Rate per SF
    $0.92

    HighLights

    • 13,485 SF multi‑tenant building on 3.46 acres (150,718 SF lot) in Pierce County.
    • Two‑story building, built in 1972, renovated in 1994, containing five suites.
    • Property includes a 2‑acre fenced, graveled, and well‑lit contractor yard ideal for tractor‑trailer parking.
    • Located on SR‑7 with convenient access to amenities.
    • Utilities (water, sewer, electric) included in rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spanaway
    County
    Pierce
    State
    Washington
    Longitude
    -122.4044277
    Latitude
    47.0603956

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    FAQs

    What type of property is this?
    Office space - Spanaway Industrial Space: Office & Yard
    Where is this office space located?
    The property is located at 21621 Mountain Hwy Spanaway, WA.
    What is the lease rate?
    The lease rate is $0.92 SF/Yr.
    What are key features of this property?
    This property features: 13,485 SF multi-tenant building on 3.46 acres (150,718 SF lot) in Pierce County.; Two-story building, built in 1972, renovated in 1994, containing five suites.; Property includes a 2-acre fenced, graveled, and well-lit contractor yard ideal for tractor-trailer parking.
    Request Owner's contact information
    21621 Mountain Hwy Spanaway, WA 98387
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    Spanaway, WA 98387
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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
    21621 Mountain Hwy Spanaway, WA 98387
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