Financial
Distress signals
Property profile

15029 Thorne SW Ln Lakewood, WA 98498

OFF-MARKET
Turn key restaurants
Property ID
US90-1691626
1,158 SF 0.21 ac lot Built 1949
Last sale Jul 2022 · $250,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a longtime operating restaurant in Lakewood, Washington, historically operated as a teriyaki and Chinese restaurant and configured as a food-service space with dining and kitchen operations. The site benefits from a location with high traffic and convenient access to the freeway near JBLM (Joint Base Lewis-McChord). The roof was replaced in 2021, and the premises include the existing restaurant space and equipment set up for food preparation and service, with the layout and utilities suitable for continued restaurant use under a new operator and concept.

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$273k
Assessed land$246k
Assessed improvement$26k
Effective rate1.12%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$255k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$461/SF
County average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$202 – $753
Qualifying comparables3

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 agency13.8
Building Supply12.5
Auto Parts Store11.0

Location

15029 Thorne SW Ln Lakewood, WA 98498-2055
County assessor Recorded deeds · 3 transfers 3 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
15116 Un SW, Lakewood, WA 98498-2045 $1,950,000 May 2024 1,834 SF
9124 Veterans SW, Lakewood, WA 98498-2571 $750,000 Jun 2022 1,500 SF
15013 Un SW, Tacoma, WA 98498 $192,000 Jun 2021 960 SF
8602 Hipkins SW, Lakewood, WA 98498-4628 $650,000 Oct 2019 2,400 SF
9026 Veterans SW, Lakewood, WA 98498-2569 $135,000 May 2019 1,008 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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