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8815 Tacoma Way Lakewood, WA 98499

OFF-MARKET Office Spaces Google Maps
30,000 SF 1.59 ac lot Built 1972
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial property, located at 8815 S Tacoma Way in Lakewood, WA 98499, presents a significant opportunity for businesses seeking prime office space in the South Tacoma/Lakewood market. The property, known as the South Tacoma Business Park, is a Class B, two-story building totaling 30,000 square feet, constructed in 1972 and extensively renovated in 2014. Currently, 23,000 square feet of office space is immediately available, divisible into units as small as 14,500 square feet, with a maximum contiguous space of 23,000 square feet. The building features a generous 10-foot ceiling height throughout, providing ample space and flexibility for various office configurations. The property sits on 1.59 acres of land and offers convenient access with 110 parking spaces and elevators for easy navigation between floors. The zoning is C2, allowing for a variety of commercial uses. This is a multi-tenant building with a single suite currently available. The property's strategic location and substantial square footage make it an ideal choice for businesses seeking a modern and functional workspace in a thriving commercial area. The extensive 2014 renovation ensures the building is equipped with modern amenities and systems. This is a rare opportunity to secure a significant amount of office space in a desirable location.

Property profile

Verified
Property type Office Spaces
Year built 1972
Total area 30,000 SF
Lot 1.59 ac (69,260 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Training Center Vocational School
  • Home Health Care Service Physical Therapy Clinic
  • Physician
  • Janitorial Service Commercial Cleaning Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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