Property profile

5225 Olympic Dr Gig Harbor, WA 98335

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US90-1761352
8,976 SF 0.63 ac Built 2006
Last sale Aug 2015·$2,899,719
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$25k
Tax billed · 2024
Assessed value$2.90M
Assessed land$794k
Assessed improvement$2.11M
Effective rate0.85%

Value estimate

· Nov 2026
$1.93M
$1.73M – $2.12M
CAP approach$1.20M
Submarket $/SF estimate$2.46M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$306/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$154 – $475
Qualifying comparables18

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?
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
Catering Service8.5
Plumbing Service8.1

Location

5225 Olympic Dr Gig Harbor, WA 98335-1763
County assessor Recorded deeds · 3 transfers 18 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15 Tacoma, Gig Harbor, WA 98335 $4,000,000 Oct 2024 8,160 SF
6605 6th, Gig Harbor, WA 98335 $2,200,000 Sep 2022 4,920 SF
3811 Grandview, Gig Harbor, WA 98335-1169 $2,853,392 Feb 2020 6,032 SF
2416 14th NW, Gig Harbor, WA 98335-1624 $4,300,000 Dec 2019 4,996 SF
3716 56th, Gig Harbor, WA 98335-8240 $1,169,153 Jul 2019 4,955 SF
7716 Pioneer, Gig Harbor, WA 98335-1149 $1,520,000 Feb 2019 8,480 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
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.

Add as a preferred source on Google One click on Google
You own 5225 Olympic Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved