Property profile

8810 John Dower SW Rd Lakewood, WA 98499

OFF-MARKET
Apartment buildings
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Property ID
US90-0996788
5,108 SF 0.86 ac Built 1968
Last sale May 2022·$3,846,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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?
$39k
Tax billed · 2024
Assessed value$3.65M
Assessed land$1.21M
Assessed improvement$2.44M
Effective rate1.08%

Value estimate

· Nov 2026
$3.49M
$3.14M – $3.83M
AI approach$3.50M
Submarket $/SF estimate$3.34M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$389/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$204 – $654

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?
MF1
The Multifamily 1 zoning district provides for a variety of medium density housing types and designs offering a wide choice of living acc...
General categoryRESIDENTIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.9
Parking Facility10.8
HVAC Service10.0

Location

8810 John Dower SW Rd Lakewood, WA 98499-2501
County assessor Recorded deeds · 15 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4400 111th SW, Tacoma, WA 98499-5179 $1,200,000 Jul 2025 4,395 SF
4120 109th SW, Lakewood, WA 98499-4187 $2,296,500 Dec 2024 4,160 SF
5127 Solberg SW, Tacoma, WA 98499-3365 $2,050,000 Nov 2024 3,882 SF
6124 88th SW, Tacoma, WA 98499-2601 $1,500,000 Oct 2024 5,271 SF
5410 Boston SW, Lakewood, WA 98499-3201 $241,123 Sep 2024 4,096 SF
12809 47th SW, Tacoma, WA 98499-3407 $6,210,000 Jan 2023 4,800 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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Includes: Price & PSF · Cap rate · Location · Zoning

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