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    Property profile & analytics

    5201 Olympic Dr Gig Harbor, WA 98335

    • Office Properties & Spaces
    • 17,869 SF
    • 0.71 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US90-1424601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Murphy Sean DDS / Dentist / Cosmetic Dentist
    • Catherine Mcnaughton, Counselor / Psychologist / Child Psychologist
    • Edison47, Inc. / Property Management Company
    • Dr. Preston Sullivan, MD / Ophthalmologist
    • SightLine Ophthalmology: Preston Sullivan, M.D. / Ophthalmologist

    Property Details for 5201 Olympic Dr

    Year built
    2004
    Construction
    WOOD FRAME
    Lot size
    0.71 lot acres
    Property size
    17,869 SF
    Zone code
    B-2
    Property type
    Office Properties & Spaces
    APN
    9007150010
    APU
    9007150010

    Description

    This exceptional Gig Harbor office space, located at 5201 Olympic Drive, 98335, offers a versatile 1,064 square foot suite ideal for medical or traditional office use. Situated in a multi-tenant building, this space presents a fantastic opportunity for businesses seeking a well-located and functional workspace. The suite is immediately available and ready for occupancy. The property's address is conveniently located in Gig Harbor, Washington, providing easy access to major transportation routes and local amenities. While the total building square footage is not currently specified, this particular suite offers a comfortable and efficient layout, perfect for a variety of professional needs. Interested parties are encouraged to take advantage of the available 3D virtual tour to explore the space in detail. The suite is part of a multi-tenant building, offering a collaborative and professional environment. This prime location in Gig Harbor, WA, combines convenience with a thriving business community. The minimum divisible space is 1,064 square feet, making it an excellent choice for businesses of various sizes. Further details regarding building amenities and lease terms are available upon request. Don't miss this chance to secure this well-positioned office space in a desirable Gig Harbor location. A virtual tour link is provided for a comprehensive preview.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.583
    Latitude
    47.3055
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $42,978
    $782,800
    $4,290,000
    $5,072,800
    -
    $782,800
    $4,290,000
    $5,072,800

    Comparable in this City

    • Value Estimation by Request
      4,748 SF

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      3781 Rosedale St

      OFFICE (GENERAL) • 1,908 SF
      3781 Rosedale St, Gig Harbor, WA 98335-1821
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      15,600 SF

      7901 Skansie Ave

      OFFICE (GENERAL) • 15,600 SF
      7901 Skansie Ave, Gig Harbor, WA 98335-8349
      View Details
    • Value Estimation by Request

      3519 56Th Street Ct

      Office space
      3519 56Th Street Ct, Gig Harbor, WA 98335
      View Details
    • Value Estimation by Request
      9,840 SF

      2601 Jahn NW Ave

      OFFICE (GENERAL) • 9,840 SF
      2601 Jahn NW Ave, Gig Harbor, WA 98335-8900
      View Details
    • Value Estimation by Request
      3,094 SF

      7108 Pioneer Way

      OFFICE (GENERAL) • 3,094 SF
      7108 Pioneer Way, Gig Harbor, WA 98335-1178
      View Details

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      Move-In Ready Professional Office Space

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    Gig Harbor, WA 98335
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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