Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    5606 Soundview Dr Gig Harbor, WA 98335-2040

    • Medical offices
    • 2,686 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Jul 08, 2022
    $600,000
    Location Intelligence
    Property ID
    US90-1155101
    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

    • Gig Harbor Veterinary Hospital / Veterinarian

    Property Details for 5606 Soundview Dr

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.68 lot acres
    Property size
    2,686 SF
    Zone code
    B-2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    221172072
    APU
    221172072

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $570,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $585,000
      Mixed-Use
      $605,000
      Hospitality
      $630,000
      Educational
      $555,000
      Residential Income
      $505,000
      Energy
      $585,000
      Income-Based Land
      $505,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.58
    Latitude
    47.3102
    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
    $5,043
    $493,400
    $100,700
    $594,100
    -
    $493,400
    $100,700
    $594,100

    Comparable in this City

    • Value Estimation by Request
      8,103 SF

      2920 Meridian St

      MEDICAL BUILDING • 8,103 SF
      2920 Meridian St, Gig Harbor, WA 98335
      View Details
    • Value Estimation by Request
      45,702 SF

      9230 Sky Is E Dr

      MEDICAL BUILDING • 45,702 SF
      9230 Sky Is E Dr, Gig Harbor, WA 98335
      View Details
    • Value Estimation
      $1,080,000
      2,060 SF

      3604 56th St

      MEDICAL BUILDING • 2,060 SF
      3604 56th St, Gig Harbor, WA 98335-8240
      View Details
    • Value Estimation
      $485,000
      2,448 SF

      6504 Wollochet Dr

      MEDICAL BUILDING • 2,448 SF
      6504 Wollochet Dr, Gig Harbor, WA 98335-8319
      View Details
    • Value Estimation by Request
      166,830 SF

      4700 Pt Fosdick Dr

      MEDICAL BUILDING • 166,830 SF
      4700 Pt Fosdick Dr, Gig Harbor, WA 98335-1706
      View Details
    • Value Estimation by Request
      1,833 SF

      9101 Bridgeport

      MEDICAL BUILDING • 1,833 SF
      9101 Bridgeport, Gig Harbor, WA 98335
      View Details

    Similar Nearby for Sale

    • $1,490,000
      3,872 SF

      Gig Harbor Commercial Building

      Prime Gig Harbor office building, multi-tenant potential.
      5315 57Th St, Gig Harbor, WA 98335
      View Details
    • $1,490,000

      Two-Story Building with Parking

      Two-story building with parking, ideal for owner-user or investment.
      5315 NW Gig Harbor Dr, Gig Harbor, WA 98335
      View Details
    • $800,000
      2,380 SF

      Soundview Drive Office Investment

      Well-maintained 2,380 SF office building with 6 units.
      5800 Soundview Dr, Gig Harbor, WA 98335
      View Details
    • $849,000
      2,040 SF

      Gig Harbor Commercial Land Opportunity

      Commercial land with reconstructed buildings in Gig Harbor, WA.
      7817 Skansie Ave, Gig Harbor, WA 98335
      View Details
    • $1,490,000

      Two-Story Office Building For Sale

      Two-story office building with parking and versatile floor plan.
      5315 57Th St NW, Gig Harbor, WA 98335
      View Details
    • $93,400

      Waterfront Recreational Property in Rosedale

      Recreational waterfront property near Gig Harbor, explore waterways by boat.
      7930 Ray Nash Dr, Gig Harbor, WA 98335
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      10,552 SF

      Soundview Drive Medical Office Space

      Prime Medical Office Suites Available in Tacoma
      5801 Soundview Dr, Gig Harbor, WA 98335
      View Details
    • $22 SF/Yr
      89,160 SF

      Gateway Pointe Business Park Offices

      Gig Harbor Office Space: 89,160 SF Total
      2601-2715 Jahn Ave, Gig Harbor, WA 98335
      View Details
    • $28 SF/Yr
      1,176 SF

      Medical/Dental Space in Gig Harbor

      Turnkey medical/dental space in a vibrant Gig Harbor location.
      5122 Olympic Dr NW, Gig Harbor, WA 98335
      View Details
    • $22 SF/Yr
      3,223 SF

      Gig Harbor Office Suites Available

      Class A Office Space, Hwy 16 Access
      6625 Wagner Way, Gig Harbor, WA 98335
      View Details
    • $44 SF/Yr
      184,376 SF

      Gig Harbor Retail Center Opportunity

      Prime Gig Harbor location, 3,944 sq ft available.
      5118 Point Fosdick Dr, Gig Harbor, WA 98335
      View Details
    • $25 SF/Yr
      4,211 SF

      Move-In Ready Professional Office Space

      Professional office space available for rent in Gig Harbor, WA.
      5403 Olympic Dr NW, Gig Harbor, WA 98335
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5606 Soundview Dr
    Gig Harbor, WA 98335-2040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.