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    6403 Lakewood Dr Tacoma, WA 98467

    • Office Properties & Spaces
    • 6,106 SF
    • 0.47 lot acres
    For Sale
    View listing
    $1,649,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0899670
    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

    • Office Properties & Spaces

    Property Details for 6403 Lakewood Dr

    Year built
    1986
    Construction
    WOOD FRAME
    Lot size
    0.47 lot acres
    Property size
    6,106 SF
    Zone code
    MUD
    Property type
    Office Properties & Spaces
    APN
    220265004
    APU
    220265004

    Description

    This exceptional two-story office building, located at 6403 Lakewood Dr W, University Place, WA 98467, offers 6,106 square feet of versatile space ideal for traditional, medical, or creative office uses. Built in 1986 and extensively renovated in 2022 and 2023, the property features new flooring, paint, lighting, a new roof, and updated landscaping. The 0.47-acre lot (20,477 square feet) provides ample parking. Interior highlights include numerous private offices, a breakroom, a conference room, and a welcoming reception area. Its prime corner location on Lakewood Drive offers excellent visibility and accessibility, situated directly across from Meadow Park Golf Course, and benefits from its location on the border of Tacoma and University Place. The property's APN is 0220265004. This exceptional opportunity is available for $1,649,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    University Place
    County
    Pierce
    State
    Washington
    Longitude
    -122.508
    Latitude
    47.1989
    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
    $11,985
    $534,900
    $437,800
    $972,700
    -
    $534,900
    $437,800
    $972,700

    Comparable in this City

    • Value Estimation by Request
      13,913 SF

      5350 Orch W St

      OFFICE (GENERAL) • 13,913 SF
      5350 Orch W St, University Place, WA 98467-4817
      View Details
    • Value Estimation
      $585,000
      1,227 SF

      6927 Lakewood Dr W Ste C1

      OFFICE (GENERAL) • 1,227 SF
      6927 Lakewood Dr W Ste C1, University Place, WA 98467-3247
      View Details
    • Value Estimation
      $280,000
      1,747 SF

      6915 Lakewood Dr W Ste A3

      OFFICE (GENERAL) • 1,747 SF
      6915 Lakewood Dr W Ste A3, Tacoma, WA 98467-3299
      View Details
    • Value Estimation
      $325,000
      1,247 SF

      6923 Lakewood Dr W Ste B2

      OFFICE (GENERAL) • 1,247 SF
      6923 Lakewood Dr W Ste B2, Tacoma, WA 98467-3221
      View Details
    • Value Estimation
      $315,000
      2,453 SF

      6915 Lakewood Dr Wd1

      OFFICE (GENERAL) • 2,453 SF
      6915 Lakewood Dr Wd1, University Place, WA 98467-3299
      View Details
    • Value Estimation by Request
      5,750 SF

      5316 Orch W St

      OFFICE (GENERAL) • 5,750 SF
      5316 Orch W St, University Place, WA 98467-3633
      View Details

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    6403 Lakewood Dr
    Tacoma, WA 98467
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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