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    Property profile & analytics

    10518 Pacific SW Hwy Lakewood, WA 98499

    • Strip malls
    • 8,184 SF
    • 1.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1936983
    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

    • Strip malls

    Property Details for 10518 Pacific SW Hwy

    Year built
    1989
    Construction
    WOOD FRAME
    Lot size
    1.64 lot acres
    Property size
    8,184 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    5095000036
    APU
    5095000036

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.485
    Latitude
    47.1618
    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
    $30,960
    $2,496,200
    $350,200
    $2,846,400
    -
    $2,496,200
    $350,200
    $2,846,400

    Comparable in this City

    • Value Estimation by Request
      28,680 SF

      6020 Main SW St

      SHOPPING CENTER, STRIP CENTER • 28,680 SF
      6020 Main SW St, Tacoma, WA 98499-6506
      View Details
    • Value Estimation by Request
      11,664 SF

      Borgen Blvd

      SHOPPING CENTER, STRIP CENTER • 11,664 SF
      Borgen Blvd, Lakewood, WA 98499
      View Details
    • Value Estimation by Request
      6,474 SF

      5422 74th W St

      SHOPPING CENTER, STRIP CENTER • 6,474 SF
      5422 74th W St, Lakewood, WA 98499-7900
      View Details
    • Value Estimation
      $1,425,000
      3,968 SF

      5211 100th SW St

      SHOPPING CENTER, STRIP CENTER • 3,968 SF
      5211 100th SW St, Lakewood, WA 98499-3814
      View Details
    • Value Estimation by Request
      10,111 SF

      9115 Tacoma Way

      SHOPPING CENTER, STRIP CENTER • 10,111 SF
      9115 Tacoma Way, Tacoma, WA 98499-4400
      View Details
    • Value Estimation by Request
      15,293 SF

      9205 Tacoma Way

      SHOPPING CENTER, STRIP CENTER • 15,293 SF
      9205 Tacoma Way, Lakewood, WA 98499-4464
      View Details

    Similar Nearby for Sale

    • $1,097,000

      Fully Occupied Retail Strip Investment

      Three-unit retail strip on Pacific Highway with NNN leases.
      12134 Pacific Hwy SW, Lakewood, WA 98499
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    • $1,035,000
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      Lakewood Commercial Center Investment

      Fully leased NNN investment property in Lakewood, Washington.
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    • $10,380,000

      Lakewood Square Retail Center

      Multi-tenant shopping center anchored by Goodwill with long-term lease.
      6000-6010 Mount Tacoma Dr SW, Lakewood, WA 98499
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    • $1,995,000
      10,660 SF

      Former Bank Building on Tacoma Way

      Unique mid-century modern building suitable for retail or office use.
      8801 S Tacoma Way, Lakewood, WA 98499
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    • $1,200,000
      20,043 SF

      Lakewood I-5 Retail Development

      High-visibility commercial land, prime location.
      12221-12311 Pacific Hwy, Lakewood, WA 98499
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    • $2,450,000
      6,284 SF

      South Tacoma Way Office Building

      Iconic bank building, high visibility, ample parking.
      8801 Tacoma Way, Tacoma, WA 98499
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    Similar Nearby for Lease

    • $20 SF/Yr
      51,580 SF

      Historic Building at Busy Intersection

      Iconic retail property with high visibility on a busy corner.
      9514 Gravelly Lake Dr SW | Lakewood, Lakewood, WA 98499
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    • $21 SF/Yr
      9,100 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility and convenient access.
      10019 59Th Ave SW, Lakewood, WA 98499
      View Details
    • $19 SF/Yr
      2,700 SF

      Office/Retail Building with Ample Parking

      Office/retail building with strong demographics and excellent traffic.
      8510-8534 S Tacoma Way, Lakewood, WA 98499
      View Details
    • $17 SF/Yr
      2,390 SF

      Retail Space on Custer Rd

      2,390 SF retail space in prime location for lease.
      7402-7406 Custer Rd W, Lakewood, WA 98499
      View Details
    • $1,695 /Mo
      1,498 SF

      Retail Storefront in Prime Location

      Retail space in Lakewood with high potential and flexible zoning.
      6403 Steilacoom Blvd SW, Lakewood, WA 98499
      View Details
    • $18 SF/Yr
      22,035 SF

      Lakewood Flex Space Available

      6,057 SF Flex Space, Great Location
      10310 Tacoma Way, Lakewood, WA 98499
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      3.5k
    • Avg Time on site
      37 min
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    10518 Pacific SW Hwy
    Lakewood, WA 98499
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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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