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    Property profile & analytics

    5475 Steilacoom SW Blvd Lakewood, WA 98499-3122

    • Office Properties & Spaces
    • 562 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US90-1718508
    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

    • Office Properties & Spaces

    Property Details for 5475 Steilacoom SW Blvd

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.68 lot acres
    Property size
    562 SF
    Zone code
    NC2
    Property type
    Office Properties & Spaces
    APN
    220354012
    APU
    220354012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.513
    Latitude
    47.177
    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
    $4,851
    $412,900
    $7,500
    $420,400
    -
    $412,900
    $7,500
    $420,400

    Comparable in this City

    • Value Estimation by Request
      3,250 SF

      3620 100th SW St

      OFFICE (GENERAL) • 3,250 SF
      3620 100th SW St, Tacoma, WA 98499-4429
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    • Value Estimation by Request
      14,949 SF

      3625 Perkins SW Ln

      OFFICE (GENERAL) • 14,949 SF
      3625 Perkins SW Ln, Tacoma, WA 98499-4784
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    • Value Estimation
      $300,000
      1,132 SF

      10317 Bridgeport SW Way

      OFFICE (GENERAL) • 1,132 SF
      10317 Bridgeport SW Way, Lakewood, WA 98499-2300
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    • Value Estimation by Request
      6,048 SF

      9881 Bridgeport SW Way

      OFFICE (GENERAL) • 6,048 SF
      9881 Bridgeport SW Way, Lakewood, WA 98499-2805
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    • Value Estimation by Request
      3,500 SF

      10524 Bridgeport SW Way

      OFFICE (GENERAL) • 3,500 SF
      10524 Bridgeport SW Way, Lakewood, WA 98499-4806
      View Details
    • Value Estimation by Request
      2,900 SF

      9842 Gravelly Lk SW Dr

      OFFICE (GENERAL) • 2,900 SF
      9842 Gravelly Lk SW Dr, Lakewood, WA 98499-1704
      View Details

    Similar Nearby for Sale

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    • $4,499,000
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      Lakewood Medical Office Complex

      Multi-tenant medical office, great potential
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      Lakewood Office Condo For Sale

      Office condominium complex with street exposure and professional presence.
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    • Contact for pricing

      Lakewood Office and Land Opportunity

      Office space and industrial land near I-5 in Lakewood, WA.
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    Similar Nearby for Lease

    • $19 SF/Yr
      2,700 SF

      Office/Retail Building with Ample Parking

      Office/retail building with strong demographics and excellent traffic.
      8510-8534 S Tacoma Way, Lakewood, WA 98499
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      900 SF

      Lakewood Office Space For Lease

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    • $26 SF/Yr
      7,910 SF

      Medical Office Building For Lease

      7,910 SF medical office building with ample parking.
      5919 100Th St SW, Lakewood, WA 98499
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    • Contact for pricing
      10,000 SF

      Office/Medical Space on Steilacoom Blvd

      Well-maintained office/medical space with excellent visibility and access.
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    • $1.15 SF/Yr
      815 SF

      Lakewood Office Space For Rent

      815 SF office space available for rent in Lakewood.
      10111 S Tacoma Way, Lakewood, WA 98499
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    • $12 SF/Yr
      420 SF

      Corner Office Suite with Storage

      Basement corner suite with two rooms and storage area.
      10116 36Th Avenue Ct SW, Lakewood, WA 98499
      View Details
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    Lakewood, WA 98499-3122
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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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