Property profile

7402 Custer W Rd 7406 Lakewood, WA 98499

OFF-MARKET
Medical Office Space
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Property ID
US90-1521739
7,380 SF 0.91 ac Built 1995
Last sale Sep 2021·$2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This property consists of approximately 2,390 square feet of retail space located on Custer Road in a high-traffic commercial area, across from McDonald’s and Starbucks. The interior is arranged with a wide-open floor plan and includes a loft office space plus an additional restroom; it was previously configured for use as a Pilates studio.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$2.23M
Assessed land$1.21M
Assessed improvement$1.02M
Effective rate1.19%

Value estimate

· Nov 2026
$3.36M
$3.02M – $3.70M
AI approach$3.43M
Submarket $/SF estimate$2.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$275/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$173 – $395

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

What can be built here?
NC2
The Neighborhood Commercial 2 zoning district is intended to foster a sense of urban community in Lakewood The district provides for a co...
General categoryCOMMERCIAL
JurisdictionPIERCE

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 agency26.1
Wholesale Shop25.9
Restaurant25.1

Location

7402 Custer W Rd, Unit 7406 Lakewood, WA 98499-7944
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9307 Bridgeport SW, Lakewood, WA 98499-1570 $1,150,000 Dec 2024 4,507 SF
5605 100th St Sw Ste, Lakewood, WA 98499-2710 $1,100,000 Jun 2020 6,210 SF
9873 Bridgeport SW, Lakewood, WA 98499-2895 $335,000 Feb 2020 3,656 SF
11203 Bridgeport SW, Lakewood, WA 98499-3002 $2,160,000 Dec 2019 6,462 SF
6141 93rd SW, Lakewood, WA 98499-2401 $400,000 Sep 2019 1,808 SF
8511 Tacoma, Lakewood, WA 98499-6521 $300,000 Jul 2019 13,686 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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Includes: Price & PSF · Cap rate · Location · Zoning

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