Financial
Distress signals
Property profile

17519 Pacific Ave S Spanaway, WA 98387

FOR LEASE
Grocery and convenience stores
Property ID
US90-0887821
3,127 SF 0.83 ac lot Built 1971
Last sale Oct 2014 · $600,898
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
17519 Pacific Ave S, Spanaway, WA 98387 For Lease
Contact for pricing 3,127 SF available
17519 Pacific Ave S, Spanaway, WA 98387
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Property summary

AI-generated overview

The property is a 3,127-square-foot retail space that was previously operated as a 7-Eleven convenience store. The space is configured for retail use and includes restrictions on fuel and grocery sales under the former corporate arrangements. The retail configuration is set up to support free-standing retail uses, with particular encouragement for auto-related businesses. Cannabis businesses are not permitted.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$20k
Tax billed · 2024
Assessed value$1.52M
Assessed land$1.02M
Assessed improvement$499k
Effective rate1.29%

Value estimate

· Sep 2026
$560k
$504k – $616k
AI approach$490k
Sales comparison$629k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$6k
Operating expenses−$12k
NOI · 95,112.28% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,197/SF
County average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$545 – $2,074

Cap rate analysis

How does the asset earn?
95,112.28%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
A significant commercial traffic generator, around which develops a concentration of other commercial, office and service uses.
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 Office17.4
Law Firm16.3
Parking Facility11.7

Location

17519 Pacific Ave S Spanaway, WA 98387
County assessor Recorded deeds · 6 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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