Property profile

3819 94th SW St Lakewood, WA 98499

OFF-MARKET
Flex space
Property ID
US90-1190309
1,368 SF 0.85 ac lot Built 1982
Individually Owned 24-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of a fully paved and fenced light industrial site located just north of Pierce Transit, within Lakewood’s industrial corridor and positioned near major freeway connections. It includes two buildings: a 1,260 sq ft 1½-story structure that is configured with three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative use or live/work arrangements; and a 6,604 sq ft 1-story brick warehouse/manufacturing building designed to support food production, cold storage, distribution, or light manufacturing. The larger building is equipped with three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas. The paved yard provides for parking, loading, and outdoor operations, and the fenced perimeter supports site security. The site has strong street frontage and offers substantial outdoor area for industrial activities.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1982
Construction STEEL FRAME
Total area 1,368 SF
Lot 0.85 ac (37,200 SF)
Zoning code I1
APN 3960000310
UPID US90-1190309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3819 94th SW St Lakewood, WA 98499-4419
Lakewood metro Census 71807 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2001
7 recorded transactions
2017
Price N/A
2001
$349,020
1989
$130,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Lakewood, WA
Zoning description

The Industrial 1 zoning district provides for regional research, light manufacturing, warehousing, concentrated business or employment parks, and other major regional employment uses

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3819 94th SW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message