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Financial
Distress signals
Property profile

5515 38th Ave Gig Harbor, WA 98335

OFF-MARKET
Grocery and convenience stores
Property ID
US90-1290282
3,150 SF 2.9 ac lot Built 2000
Last sale Dec 2017 · $4,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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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?
$21k
Tax billed · 2024
Assessed value$2.43M
Assessed land$1.09M
Assessed improvement$1.34M
Effective rate0.85%

Value estimate

· Oct 2026
$660k
$594k – $726k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,197/SF
County average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$545 – $2,074

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?
RB-1
Residential and Business District (RB-1) 17.30 Residential and Business District (RB-2) 17.31 Downtown Business District (DB) 17.32 Neigh...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.6
Storage Facility9.1
Plumbing Service8.7

Location

5515 38th Ave Gig Harbor, WA 98335-8236
County assessor Recorded deeds · 7 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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13605 Meridian E, Gig Harbor, WA 98335 $2,900,000 May 2025 3,382 SF
7402 Myers, Gig Harbor, WA 98335-1124 $800,000 Nov 2023 2,680 SF
3107 56th, Gig Harbor, WA 98335-1311 $1,400,000 Aug 2023 2,368 SF
612 To 614th Regents, Gig Harbor, WA 98335 $325,000 Dec 2020 2,860 SF
4521 56th NW, Gig Harbor, WA 98335-8570 $1,393,052 Dec 2020 3,720 SF
5115 Olympic, Gig Harbor, WA 98335-1704 $2,300,000 Sep 2020 3,050 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
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