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Financial
Distress signals
Property profile

20509 Mountain Hwy Spanaway, WA 98387

OFF-MARKET
Lifestyle centers
65,293 SF 3.95 ac lot
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Property summary

AI-generated overview

Granite Ridge Shopping Center, located at 20509 Mountain Hwy E in Spanaway, WA 98387, presents a significant commercial development opportunity. This 65,293 square foot shopping center sits on a 3.95-acre lot and includes 46 parking spaces. The property is strategically positioned at the intersection of SR 7 and 204th Street E, within the southernmost retail core of Spanaway. The center boasts shadow-anchored proximity to Walmart and is home to established national tenants such as Starbucks,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.8
Law Firm19.2
Building Supply18.3

Location

20509 Mountain Hwy Spanaway, WA 98387
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22306 Mtn E, Spanaway, WA 98387-7563 $940,000 Sep 2021 4,821 SF
22208 Mtn E, Spanaway, WA 98387-7501 $1,240,000 Jul 2021 2,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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