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Property profile

1702 Commercial St Steilacoom, WA 98388

OFF-MARKET
Other office properties
Property ID
US90-3257770
4,592 SF 0.24 ac lot Built 1979
Last sale Aug 2006 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1702 Commercial St, Steilacoom, WA consists of an office suite configured over two floors. The suite includes 10 private offices and two conference rooms, along with a private courtyard. Each floor provides a reception area, private offices, restrooms, designated copy/file space, and a kitchenette, supplemented by a common kitchen and additional outdoor space for collaboration. The building systems are equipped with data, HVAC, and sprinkler service, and the first floor is ADA…

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?
$11k
Tax billed · 2024
Assessed value$1.27M
Assessed land$537k
Assessed improvement$730k
Effective rate0.86%

Value estimate

· Oct 2026
$1.00M
$900k – $1.10M
CAP approach$840k
Submarket $/SF estimate$918k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$333/SF
County average, outlier-cleaned · 508 recorded sales of this use type
Observed band · Q1–Q3$172 – $617
Qualifying comparables14

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?
COMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Dental Office16.8
Realty agency15.6

Location

1702 Commercial St Steilacoom, WA 98388-1312
County assessor Recorded deeds · 7 transfers 14 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1700 Rainier, Steilacoom, WA 98388 $2,915,000 Oct 2019 9,577 SF
1710 Lafayette, Steilacoom, WA 98388-1328 $500,000 May 2019 1,473 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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