Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10601 Gravelly Lake Dr Lakewood, WA 98499
    Back to Search
    Property profile & analytics

    10601 Gravelly Lake Dr Lakewood, WA 98499


    • Retail space
    • 504 SF
    • 0.31 lot acres
    Lakewood Retail Investment Opportunity For Sale
    $559,000
    2,800 SF

    Lakewood Retail Investment Opportunity

    Retail property in high-traffic Lakewood location with versatile layout.

    10601 Gravelly Lake Dr SW, Tacoma, WA 98499
    View Listing
    Property ID
    US90-1686499
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 10601 Gravelly Lake Dr

    Year built
    1951
    Construction
    WOOD FRAME
    Lot size
    0.31 lot acres
    Property size
    504 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    8860000070
    APU
    8860000070

    Description

    This exceptional investment opportunity presents a prime commercial property situated on a 0.26-acre corner lot at 10601 Gravelly Lake Dr SW in Lakewood, WA. The property boasts a combined building square footage exceeding 2800 square feet, comprised of a main building (2378 sq ft), a separate salon (580 sq ft), and a sizable storage/converted garage space. Its strategic location within the Central Business District ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property benefits from its position amidst established businesses and a thriving residential area, promising consistent growth and strong rental potential. The versatile layout allows for diverse uses, catering to a wide range of business needs. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Lakewood, offering significant return on investment. The property's size, location, and flexible space make it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. Don't miss this opportunity to own a piece of Lakewood's vibrant commercial landscape. The asking price is $750,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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


    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.52
    Latitude
    47.1605
    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
    $4,449
    $279,000
    $97,500
    $376,500
    -
    $279,000
    $97,500
    $376,500
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message