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Financial
Distress signals
Property profile

4928 115th St SW Ct Lakewood, WA 98499

OFF-MARKET
Apartment buildings
Property ID
US90-1040972
6,660 SF 0.51 ac lot Built 1961
Last sale Sep 2021 · $1,577,662
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Lakewood, WA property, the Tyee Building (APN 2650000110), offers a versatile 1,200 square foot retail space, perfect for a variety of businesses. Located at 4928 115th St Ct SW, 98499, this single-tenant space is part of a larger 7,418 square foot, two-story building constructed in 1961 and extensively renovated in 2024. The building features a convenient mixed-use design, combining retail space on the ground floor with residential units above. This prime location boasts…

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.

Debts

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?
$9k
Tax billed · 2024
Assessed value$734k
Assessed land$480k
Assessed improvement$255k
Effective rate1.19%

Value estimate

· Oct 2026
$1.83M
$1.64M – $2.01M
AI approach$1.76M
CAP approach$1.24M
Submarket $/SF estimate$1.36M

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

Recently sold

What actually traded nearby?
$389/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$204 – $654
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?
TOC
The Transit Oriented Commercial zoning district is an interactive mixture of uses which focus on regional transportation networks while p...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.1
Wholesale Shop11.1
Electrical Service10.3

Location

4928 115th St SW Ct Lakewood, WA 98499
County assessor Recorded deeds · 7 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4425 Pacific SW, Tacoma, WA 98499-4246 $1,855,000 Jul 2025 7,296 SF
8212 29th Ave S, Lakewood, WA 98499-8832 $9,200,000 Dec 2024 7,168 SF
6124 88th SW, Tacoma, WA 98499-2601 $1,500,000 Oct 2024 5,271 SF
6502 Mt Tacoma SW, Tacoma, WA 98499-1554 $5,400,000 Sep 2023 6,916 SF
4001 112th SW, Lakewood, WA 98499-4603 $1,824,000 Apr 2023 7,488 SF
12915 47th SW, Tacoma, WA 98499-3412 $570,000 Mar 2023 7,488 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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