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Financial
Distress signals
Property profile

12502 Addison SW St Lakewood, WA 98499

OFF-MARKET
Apartment buildings
Property ID
US90-1658758
12,216 SF 0.52 ac lot Built 1965
Last sale Oct 2021 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$2.81M
Assessed land$1.18M
Assessed improvement$1.63M
Effective rate1.07%

Value estimate

· Oct 2026
$3.13M
$2.81M – $3.44M
AI approach$3.04M
CAP approach$2.28M
Submarket $/SF estimate$2.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$389/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$204 – $654

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?
MF3
The Multifamily 3 zoning district is intended to integrate urban, high density, multistory housing in close proximity to a principal or m...
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 Office11.2
Bakery9.0
HVAC Service8.9

Location

12502 Addison SW St Lakewood, WA 98499-3627
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4425 Pacific SW, Tacoma, WA 98499-4246 $1,855,000 Jul 2025 7,296 SF
10211 47th SW, Lakewood, WA 98499-3801 $2,800,000 Sep 2024 10,584 SF
3265 96th S, Lakewood, WA 98499-9213 $1,880,000 Oct 2023 9,780 SF
4001 112th SW, Lakewood, WA 98499-4603 $1,824,000 Apr 2023 7,488 SF
12915 47th SW, Tacoma, WA 98499-3412 $570,000 Mar 2023 7,488 SF
10914 Addison SW, Lakewood, WA 98499-3799 $1,360,000 Jan 2023 14,096 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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