Contact for pricing 1,550 SF available

5125 Olympic Dr NW, Gig Harbor, WA 98335
View Listing

This retail space, previously used as a dry cleaner, is configured with an open floor plan and includes a private restroom. The interior area totals approximately 1,550 square feet. The unit is located in Gig Harbor and is suited for retail use based on its street-facing retail exposure.

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?

$29k

Tax billed · 2024

Assessed value$3.47M

Assessed land$1.38M

Assessed improvement$2.10M

Effective rate0.85%

Value estimate

· Nov 2026

$1.05M

$941k – $1.15M

Submarket $/SF estimate$888k

NOI build-up

Gross scheduled income$22k

Vacancy & credit loss−$3k

Operating expenses−$6k

NOI$13k

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?

$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

B-2

Joint use of required parking spaces for the downtown business (DB), waterfront commercial (WC), general business (B-2), commercial (C-1)...

General categoryCOMMERCIAL

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: Watch Repair Shop

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Watch Repair Shop8.7

Plumbing Service8.1

Laundry Service8.0

5125 Olympic Dr NW Gig Harbor, WA 98335

County assessor Recorded deeds · 2 transfers Qualifying 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

10 properties nearby

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.

Comparable nearby

Value Estimation
$1,170,000

12,163 SF

6820 Kimball Dr

SHOPPING CENTER, STRIP CENTER

6820 Kimball Dr, Gig Harbor, WA 98335-5123

View Details
Value Estimation
$790,000

8,640 SF

3123 56th St Ste, Unit 14

SHOPPING CENTER, STRIP CENTER

3123 56th St Ste, Gig Harbor, WA 98335-1363

View Details
Value Estimation
$8,145,000

31,319 SF

5010 Pt Fosdick Dr

WHOLESALE OUTLET, DISCOUNT STORE

5010 Pt Fosdick Dr, Gig Harbor, WA 98335-1715

View Details

Similar in This City for Sale

$450,000

6,583 SF

Historic Commercial Property in Key Center

Two-story commercial building with office and storage space for sale.

15420 92nd St KP N, Gig Harbor, WA 98349

View Details
New

Contact for pricing
24,473 SF

Gig Harbor Flex Space Available

Office, retail, and flex spaces for sale in Gig Harbor.

11901 137th Ave NW, Gig Harbor, WA 98329

View Details
New

$150,000

Established Convenience Market

Business sale includes inventory, equipment, branding, and an established U-Haul operation.

1-0 State Route 302, Gig Harbor, WA 98329

View Details
New

Contact for pricing

Retail Space

An established custom-framing and artwork business is available for relocation by January 1.

7808 Pioneer Way, Gig Harbor, WA 98335

View Details

Similar Nearby for Lease

New

Contact for pricing
3,500 sqft

Retail Space For Lease

Retail space available for lease in Gig Harbor, Washington.

5500 Olympic Dr, Gig Harbor, WA 98335

View Details
New

Contact for pricing
1,079 sqft

Two-Story Mixed-Use Property

The building combines office and retail space in a two-story configuration.

6745 Kimball Dr, Gig Harbor, WA 98335

View Details
Contact for pricing
3,944 sqft

Gig Harbor Retail Space Available

Retail space available for lease in Gig Harbor, WA.

5118 Point Fosdick Dr NW, Gig Harbor, WA 98335

View Details

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

Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

One click on Google

5125 Olympic Dr NW Gig Harbor, WA 98335

Property summary