Financial
Distress signals
Property profile

7402 Custer W Rd 7406 Lakewood, WA 98499

OFF-MARKET
Medical Office Space
Property ID
US90-1521739
7,380 SF 0.91 ac lot 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.
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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. 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?
$26k
Tax billed · 2024
Assessed value$2.23M
Assessed land$1.21M
Assessed improvement$1.02M
Effective rate1.19%

Value estimate

· Sep 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
8511 Tacoma, Lakewood, WA 98499-6521 $300,000 Jul 2019 13,686 SF
9802 Tacoma, Lakewood, WA 98499-4458 $1,991,500 Oct 2018 2,860 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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