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    20623 34TH AVE E, FREDERICKSON, WA 98387, PIERCE COUNTY FREDERICKSON, WA 98387

    • Industrial properties
    For Lease
    View listing
    $0.80 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 20623 34TH AVE E, FREDERICKSON, WA 98387, PIERCE COUNTY

    Year built
    2023
    Property type
    Industrial properties

    Description

    Available now 1,110,154 square feet Build-to-suit office Concrete tilt construction; reinforced slab Three phase power ESFR fire protection 40’ clear height Trailer parking Dock packages on all doors (shelters, bumpers & mechanical levelers) Immediate access to I-5 3 minutes to SR-512 Rate $0.80/SF Gross

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    FREDERICKSON
    County
    State
    Washington
    Longitude
    -122.365
    Latitude
    47.0774

    Comparable in this City

    • Value Estimation by Request
      20,600 SF

      21006 Mountain Hwy

      Distribution properties • 20,600 SF
      21006 Mountain Hwy, Spanaway, WA 98387
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    • Value Estimation by Request
      48,480 SF

      192nd E St

      HEAVY INDUSTRIAL • 48,480 SF
      192nd E St, Spanaway, WA 98387
      View Details
    • Value Estimation
      $360,000
      646 SF

      21724 Mtn E Hwy

      CONSTRUCTION/CONTRACTING SERVICES • 646 SF
      21724 Mtn E Hwy, Spanaway, WA 98387
      View Details
    • Value Estimation
      $925,000
      1,208 SF

      7319 146th SW St

      CONSTRUCTION/CONTRACTING SERVICES • 1,208 SF
      7319 146th SW St, Spanaway, WA 98387
      View Details
    • Value Estimation
      $95,000
      1,662 SF

      140 161st S St

      CONSTRUCTION/CONTRACTING SERVICES • 1,662 SF
      140 161st S St, Spanaway, WA 98387-8235
      View Details
    • Value Estimation
      $295,000
      2.42 Acres

      19712 Mtn E Hwy

      CONSTRUCTION/CONTRACTING SERVICES • 2.42 Acres
      19712 Mtn E Hwy, Spanaway, WA 98387-8488
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      100,000 SF

      Industrial Space in Spanaway

      100,000 square foot industrial property available for rent.
      4417 192Nd St E, Spanaway, WA 98387
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    • $0.92 SF/Yr
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    • $9 SF/Yr
      1,110,154 SF

      Large Industrial Space Near I-5

      1,110,154 SF warehouse space with I-5 access.
      20623 34Th Ave E, Spanaway, WA 98387
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Space Near Fred Meyer

      Retail space shadow-anchored by Fred Meyer with high visibility.
      22306 Mountain Hwy E, Spanaway, WA 98387
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      Land Lease Opportunity in Spanaway

      Land for lease with Panda Express co-tenancy in Spanaway, WA.
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    • $28 SF/Yr
      3,127 SF

      Retail Space Available For Lease

      Retail space available for lease in Spanaway, Washington.
      17519 Pacific Ave S, Spanaway, WA 98387
      View Details
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    20623 34TH AVE E, FREDERICKSON, WA 98387, PIERCE COUNTY
    FREDERICKSON, 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
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