Financial
Distress signals
Property profile

5920 100Th St SW Lakewood, WA 98499

FOR LEASE
Other office properties
Property ID
US90-0670232
1,392 SF 0.04 ac lot Built 1973
Last sale Jan 2026 · $286,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
5920 100Th St SW, Lakewood, WA 98499 For Lease
Contact for pricing 3,345 SF available
5920 100Th St SW, Lakewood, WA 98499
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Property summary

AI-generated overview

This office building has a total area of approximately 7,428 square feet and features a flexible interior layout that can support owner-occupancy of about 446 square feet with the option to lease the remaining space, or lease the entire building. The configuration is adaptable for a range of office and retail uses. The building underwent updates in 2017, including a roof replacement, HVAC updates, interior finish improvements, and bathroom renovations. The property is part of a homeowners

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.

Mortgages

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 · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$285k
Assessed land$45k
Assessed improvement$240k
Effective rate1.10%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$330k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$10k
Operating expenses−$16k
NOI · 197,412.50% cap applied$47k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$178 – $520
Qualifying comparables6

Cap rate analysis

How does the asset earn?
197,412.50%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
The Central Business District zoning district is the primary retail, office, social, urban residential, and government center of the City...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop8.9
Florist8.6
Travel Agency8.5

Location

5920 100Th St SW Lakewood, WA 98499
County assessor Recorded deeds · 15 transfers 6 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7403 Lakewood Dr W, Lakewood, WA 98499-7951 $181,500 Oct 2024 1,136 SF
10908 Gravelly Lk SW, Tacoma, WA 98499-1330 $500,000 Nov 2022 1,368 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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