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Property profile & analytics
OFF-MARKET Estimated value $985,000
Medical Office Space

5334 Olympic Dr Gig Harbor, WA 98335-1722

5,944 SF 0.53 ac lot Built 1999
Entity Owned 8-yr Hold Free & Clear
Property ID
US90-1736290
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction WOOD FRAME
Total area 5,944 SF
Lot 0.53 ac (23,214 SF)
Zoning code RB-2
APN 4001390020
UPID US90-1736290
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gig Harbor Orthodontics Dental Office
  • Harbor Childrens Therapy Physician
  • Lois E. Kramer, MS Physician
  • Kelly Lisa H Physician
  • Hodson Dana M Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
by Request
Blend (final) Blend
$985k
Owner & transaction history
Drake Family Holdings LLC · 8 yrs held
Drake Family Holdings LLC
since 2017
2 recorded transactions
2017
Price N/A
1998
Price N/A
Zoning & alternative use
RB-2 · Gig Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Residential and Business District (RB-2) 17.31 Downtown Business District (DB) 17.32 Neighborhood Commercial District (B-1) 17.36 General Business District (B-2) 17.40 Commercial District (C-1) 17.41 Planned Community Development Commercial (PCD-C) 17.45 Employment District (ED) 17.46 Waterfront Residential (WR) 17.48 Waterfront Millville (WM) 17.50 Waterfro…

Zone name Residential And Business District
General category COMMERCIAL
Zone area 146.79 ac
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