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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Medical Office Space
5920 100th SW St Lakewood, WA 98499-2751
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1241506
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
WOOD FRAME
Total area
4,610 SF
Lot
0.07 ac (3,150 SF)
Zoning code
CBD
APN
5135000093
UPID
US90-1241506
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
-
Dr. James Wilson Pediatrician Physician
-
Energy Massage Alternative Medicine Practice Spa & Massage Center
-
Eye Physicians of Lakewood Physician
-
David Colbeth, REALTOR - Life Point Team at RE/MAX Sound Properties Real Estate Agency
-
RE/MAX Sound Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$610k
Owner & transaction history
Drk Md LLC · 5 yrs held
Drk Md LLC
since 2020
6 recorded transactions
Zoning & alternative use
CBD · Lakewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Central Business District zoning district is the primary retail, office, social, urban residential, and government center of the City The complementary and interactive mixture of uses and urban design provides for a regional intensity and viability with a local character
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
335.13 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,373
Tax year 2024
Assessed value
$589,100
Assessed 2024
Previous assessed
$589,100
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$87,300
Assessed improvement
$501,800
Land market value
$87,300
Improvement market value
$501,800
Total market value
$589,100
Applied tax rate
760.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
4,610 SF
Lot
0.07 ac (3,150 SF)
Zoning code
CBD
APN
5135000093
UPID
US90-1241506
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Lakewood, WAZoning CBD · permitted uses
CBD · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Central Business District zoning district is the primary retail, office, social, urban residential, and government center of the City The complementary and interactive mixture of uses and urban design provides for a regional intensity and viability with a local character
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
335.13 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2000
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Drk Md LLC
Entity
Mailing address
36 SILVER BCH DR, STEILACOOM, WA 98388-1506
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
—
Drk Md LLC
David R Kennel
Correction Deed
related
—
Aug 28, 2020
—
David R Kennel
Paul JR
Correction Deed
—
Jul 29, 2020
—
Drk Md LLC
David R Kennel
Warranty Deed
—
Mar 4, 2008
$151,000
Count LLC
Nowogroski,james A & Jane A
Warranty Deed
—
—
—
David R Kennel
—
Deed Of Trust
related
$400,000 · Puyallup Valley Bank
—
—
David R Kennel
—
Deed Of Trust
related
$481,000 · Heritage Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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