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Property profile & analytics

5118 Point Fosdick Dr Gig Harbor, WA 98335

  • Drive through restaurants
  • 3,004 SF
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US90-1816891
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dairy Queen / Ice Cream Shop / Fast Food Restaurant

Property Details for 5118 Point Fosdick Dr

Year built
1986
Construction
WOOD FRAME
Property size
3,004 SF
Property type
Drive through restaurants
APN
221173801
APU
221173801

Description

This exceptional retail space, totaling 3,944 square feet, is situated within the vibrant Olympic Towne Center in Gig Harbor, Washington. Located at 5118 Point Fosdick Dr NW, 98335, this property boasts a highly desirable location within Pierce County's CBA Gig Harbor submarket. The center is anchored by major retailers including Fred Meyer, Ocean 5, Table 47, PetSmart, Hops & Drops, Wells Fargo, and Xfinity, ensuring high foot traffic and strong brand recognition. The entire Olympic Towne Center encompasses 184,376 square feet across a single building, offering a robust and established retail environment. This particular space is part of a multi-tenant building, providing opportunities for synergy and shared customer base. The property sits on a substantial 17.97-acre lot, offering ample parking and visibility from Olympic Dr NW. The available space presents a unique opportunity for businesses seeking a prominent location within a thriving commercial hub. The property is classified as both retail and commercial/office space, offering flexibility for a variety of uses. This is a rare opportunity to establish a presence in one of Gig Harbor's most sought-after retail destinations.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Gig Harbor
County
Pierce
State
Washington
Longitude
-122.58
Latitude
47.3052
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,875
$0.00
$575,600
$575,600
-
$0.00
$575,600
$575,600
More about this property
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