Property profile

8602 Hipkins SW Rd Lakewood, WA 98498

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US90-1694290
2,400 SF 0.3 ac Built 1967
Last sale Oct 2019·$950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$5k
Tax billed · 2024
Assessed value$404k
Assessed land$330k
Assessed improvement$74k
Effective rate1.21%

Value estimate

· Nov 2026
$420k
$378k – $462k
AI approach$420k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$250/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$148 – $346
Qualifying comparables13

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.5
Auto Repair Shop9.6
Accounting Firm9.5

Location

8602 Hipkins SW Rd Lakewood, WA 98498-4628
County assessor Recorded deeds · 8 transfers 13 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
11916 Military SW, Lakewood, WA 98498-2740 $1,100,000 Jul 2025 3,499 SF
14511 Thorne SW, Tacoma, WA 98498-2128 $616,342 Dec 2023 2,800 SF
8505 Steilacoom SW, Tacoma, WA 98498-4708 $675,000 Sep 2023 3,780 SF
10701 108th SW, Tacoma, WA 98498-1560 $575,000 Nov 2021 2,576 SF
14822 Woodlawn SW, Lakewood, WA 98498-2350 $450,000 Sep 2019 3,311 SF
9127 Veterans SW, Lakewood, WA 98498-2587 $370,000 Feb 2019 2,800 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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