Financial
Distress signals
Property profile

20220 Mountain Hwy E Spanaway, WA 98387

FOR LEASE
Strip malls
View Listing
Property ID
US90-0781181
8,600 SF 1 ac lot Built 2007
Last sale Dec 2015 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space located at 20220 Mountain Hwy E in Spanaway, Washington. The premises contain 1,204 square feet of interior area and are configured for individual retail use as well as other retail-oriented purposes.

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?
$26k
Tax billed · 2024
Assessed value$2.12M
Assessed land$876k
Assessed improvement$1.24M
Effective rate1.24%

Value estimate

· Sep 2026
$765k
$689k – $842k
Sales comparison$542k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$426/SF
County average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$204 – $702

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?
MUD
It is intended to include areas that are concentrations of commercial, office, and multi family developments located along major arterial...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.1
Law Firm10.2
Nail Salon9.4

Location

20220 Mountain Hwy E Spanaway, WA 98387
County assessor Recorded deeds · 3 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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