Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

20623 34Th Ave E Spanaway, WA 98387

FOR LEASE
Other warehouses
Property ID
US90-1271846
2,904 SF 36.73 ac lot Built 2021
Last sale Apr 2026 · $431,793
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
20623 34Th Ave E, Spanaway, WA 98387 For Lease
$645,000 1,110,154 SF available
20623 34Th Ave E, Spanaway, WA 98387
View Listing

Property summary

AI-generated overview

Industrial facility totaling 1,110,154 square feet, constructed with concrete tilt-up walls and a reinforced concrete slab. The building is equipped with three-phase power, ESFR fire protection, and provides a 40-foot clear height. Loading configuration includes dock packages installed on all doors, with features such as shelters, bumpers, and mechanical levelers. Exterior accommodations include trailer parking. The site is positioned for access to I-5 with proximity to SR-512, and the building supports potential add-on office space through build-to-suit configurations.

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?
$1.18M
Tax billed · 2024
Assessed value$93.87M
Assessed land$21.29M
Assessed improvement$72.58M
Effective rate1.26%

Value estimate

· Oct 2026
$645k
$581k – $710k
AI approach$765k
CAP approach$545k
Submarket $/SF estimate$624k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
County average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$138 – $610
Qualifying comparables3

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?
EC
Concentration of low to high intensity office parks, manufacturing, other industrial development, or a combination of activities.
General categoryINDUSTRIAL
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 agency15.6
Building Supply14.2
Spa & Massage11.8

Location

20623 34Th Ave E Spanaway, WA 98387
County assessor Recorded deeds · 12 transfers 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21802 Mtn E, Spanaway, WA 98387-7543 $488,000 Mar 2023 3,200 SF
20715 8th E, Spanaway, WA 98387-8437 $11,260,000 Nov 2021 2,800 SF
26215 Mtn E, Spanaway, WA 98387-9452 $15,000 Jul 2020 4,125 SF
16219 Pacific S, Spanaway, WA 98387-8293 $397,188 Feb 2020 4,737 SF
211 171st S, Spanaway, WA 98387-8732 $390,000 Jan 2020 3,800 SF
3012 Fife, Spanaway, WA 98387 $320,000 Oct 2019 3,162 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

Ask Rey → ChatGPT Grok Claude
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