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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Office Spaces
6015 100th SW St, Lakewood, WA 98499-2754
Individually Owned
Free & Clear
Property ID
US90-1426771
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1982
Construction
STEEL FRAME
Total area
9,976 SF
Lot
1.09 ac (47,306 SF)
Zoning code
CBD
APN
219022229
UPID
US90-1426771
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
-
Pediatric Dental Associates Dental Office
-
Dr. Aleem Noormohamed Dental Office
-
Tyler John Shawcroft Dental Office
-
Umpqua Bank Bank Loan Service
-
ATM - Umpqua Bank Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.53M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$2.40M
Owner & transaction history
U S Small Business Administration
U S Small Business Administration
since 2025
5 recorded transactions
Zoning & alternative use
CBD · Lakewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.9M
+23.8%
Auto repair, garage
$3.7M
+17.3%
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
$2,525,000
ML approach
$2,525,000
CAP Approach
CAP Return
Estimation
6%
$1,975,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,135,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,885,000
Change: +24% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,680,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$2,740,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±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
$240 / 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
$25,403
Tax year 2024
Assessed value
$2,215,700
Assessed 2024
Previous assessed
$2,215,700
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$906,900
Assessed improvement
$1,308,800
Land market value
$906,900
Improvement market value
$1,308,800
Total market value
$2,215,700
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Total area
9,976 SF
Lot
1.09 ac (47,306 SF)
Zoning code
CBD
APN
219022229
UPID
US90-1426771
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Lakewood, WA
Zoning CBD · permitted uses
CBD · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
U S Small Business Administration
Individual
Free & Clear · 0 yrs held
Mailing address
6021 BCH DR SW, SEATTLE, WA 98136-1349
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2025
—
U S Small Business Administration
Northwest Business Development Asso
Deed
—
Dec 23, 2025
—
Ncnw Lakewood LLC
—
Deed
related
$1,265,000 · Northwest Business Development Associati
May 10, 2024
$2,525,000
Ncnw Lakewood LLC
Umpqua Bank
Bargain And Sale Deed
$1,567,210 · First Citizens Bank & Trust Co
May 10, 2024
—
Ncnw Lakewood LLC
—
Deed
related
$1,253,768 · First Citizens Bank & Trust Co
Nov 3, 2015
$2,200,000
Umpqua Bk
Rainier Pacific Bk
Grant Deed
—
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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