Financial
Distress signals
Property profile

3423 Chapel S St Lakewood, WA 98499

OFF-MARKET
Warehouses
Property ID
US90-1023672
10,520 SF 0.71 ac lot Built 1991
Last sale Feb 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 11,864-square-foot warehouse, located at 3423 Chapel St S in Lakewood, Washington, presents a significant opportunity for businesses seeking ample space and immediate occupancy. The property is a single-tenant building, offering complete control and privacy. The warehouse boasts a two-story design, providing versatile storage and operational capabilities. High ceilings, measuring 18 feet, accommodate various equipment and inventory needs. Two loading docks ensure efficient

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$13k
Tax billed · 2024
Assessed value$1.13M
Assessed land$587k
Assessed improvement$544k
Effective rate1.11%

Value estimate

· Sep 2026
$1.85M
$1.66M – $2.03M
CAP approach$1.98M
Submarket $/SF estimate$1.22M

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

Recently sold

What actually traded nearby?
$153/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$54 – $239
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?
CZ
The purpose of clear zone zoning districts is to promote land use and development that is compatible with the aircraft noise and accident...
General categoryUNKNOWN
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 Office15.6
Realty agency15.2
Pharmacy10.8

Location

3423 Chapel S St Lakewood, WA 98499-8884
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5204 Solberg SW, Lakewood, WA 98499-3368 $3,436,560 Feb 2025 7,776 SF
9403 39th Ave SW, Lakewood, WA 98499-4411 $683,497 Sep 2024 10,000 SF
4025 100th SW, Lakewood, WA 98499-4309 $77,000 Oct 2023 11,801 SF
10604 30th S, Lakewood, WA 98499-8715 $1,442,770 Jul 2022 7,420 SF
11302 Steele S, Lakewood, WA 98499-8734 $5,650,000 Jun 2022 11,200 SF
12611 Pacific SW, Lakewood, WA 98499-1026 $10,950,000 Oct 2021 10,050 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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