Financial
Distress signals
Property profile

11013 Pacific Hwy SW Lakewood, WA 98499

FOR LEASE
Other warehouses
Property ID
US90-0876022
100,080 SF 6.79 ac lot Built 1984
Last sale May 2022 · $17,720,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 commercial land located at 11013 Pacific Hwy SW in Lakewood, Washington 98499, consisting of an open yard site with a total land area of 100,178 square feet. The site is configured to support a range of exterior commercial activities, including outdoor operating and staging, and may accommodate businesses requiring substantial outdoor space beyond typical indoor facilities. Prospective uses are subject to local zoning and any site-specific development or operational requirements that should be confirmed with the appropriate local authorities.

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?
$117k
Tax billed · 2024
Assessed value$10.08M
Assessed land$4.98M
Assessed improvement$5.10M
Effective rate1.16%

Value estimate

· Sep 2026
$18.19M
$16.37M – $20.00M
CAP approach$18.81M
Submarket $/SF estimate$20.86M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$153/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$54 – $239
Qualifying comparables7

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?
TOC
The Transit Oriented Commercial zoning district is an interactive mixture of uses which focus on regional transportation networks while p...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.4
Electrical Service9.5
Veterinary Clinic9.3

Location

11013 Pacific Hwy SW Lakewood, WA 98499
County assessor Recorded deeds · 7 transfers 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8607 Durango SW, Tacoma, WA 98499-4433 $9,500,000 Jul 2024 47,500 SF
10608-1061 34th S, Lakewood, WA 98499 $238,898 Jan 2024 77,936 SF
10029 Tacoma, Lakewood, WA 98499-5199 $680,267 Oct 2022 23,488 SF
10107 Tacoma, Lakewood, WA 98499-4664 $680,267 Oct 2022 22,364 SF
2916 107th S, Lakewood, WA 98499-1636 $7,360,000 Jan 2022 35,100 SF
12117 Pacific SW, Lakewood, WA 98499-1017 $14,500,000 Oct 2021 69,531 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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