Contact for pricing 6,106 SF

6403 Lakewood Dr W, University Place, WA 98467
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An office building totaling 6,104 square feet on a corner lot in an area bordering Tacoma and University Place, located across from Meadow Park Golf Course. The interior layout includes private offices, conference rooms, a breakroom area, and a reception area that provides space for cubicles and a work area. The property includes ample parking and maintained exterior landscaping. A roof replacement was completed in 2023, and an interior renovation was completed in 2022.

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?

$12k

Tax billed · 2024

Assessed value$973k

Assessed land$535k

Assessed improvement$438k

Effective rate1.23%

Value estimate

· Oct 2026

$875k

$788k – $963k

Submarket $/SF estimate$552k

NOI build-up

Gross scheduled income$134k

Vacancy & credit loss−$19k

Operating expenses−$29k

NOI · 5.58% cap applied$86k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$308/SF

Submarket average, outlier-cleaned · 284 recorded sales of this use type

Observed band · Q1–Q3$171 – $617

Qualifying comparables10

Cap rate analysis

How does the asset earn?

5.58%

$86k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

MUD

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service11.2

Parking Facility11.2

Computer & Electronic Repair9.5

6403 Lakewood Dr W University Place, WA 98467

County assessor Recorded deeds · 5 transfers 10 qualifying comp sales 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 · 15 properties nearby

Address Sale price Sold Size

6923 Lakewood Dr W Ste B2, Tacoma, WA 98467-3221 $246,000 Jan 2025 1,247 SF

5000 Bridgeport W, Tacoma, WA 98467-2031 $1,123,000 Jan 2024 4,270 SF

6915 Lakewood Dr W Ste A1, Tacoma, WA 98467-3299 $575,000 Mar 2023 2,394 SF

6419 Lakewood W, University Place, WA 98467-3331 $1,150,000 Nov 2021 6,130 SF

6927 Lakewood Dr W Ste C1, University Place, WA 98467-3247 $650,000 Apr 2021 1,227 SF

5016 Bridgeport W, Tacoma, WA 98467-2039 $1,175,000 Sep 2020 5,400 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

Value Estimation
$1,150,000

6,130 SF

6419 Lakewood W Dr

OFFICE (GENERAL)

6419 Lakewood W Dr, University Place, WA 98467-3331

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Value Estimation
$1,245,000

5,750 SF

5316 Orch W St

OFFICE (GENERAL)

5316 Orch W St, University Place, WA 98467-3633

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Value Estimation
$1,395,000

6,849 SF

4970 Bridgeport W Way

OFFICE (GENERAL)

4970 Bridgeport W Way, Tacoma, WA 98467-2029

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Value Estimation
$1,245,000

5,400 SF

5016 Bridgeport W Way

OFFICE (GENERAL)

5016 Bridgeport W Way, Tacoma, WA 98467-2039

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Value Estimation
$975,000

7,516 SF

5911 Orch W St

OFFICE (GENERAL)

5911 Orch W St, Tacoma, WA 98467-3824

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Value Estimation
$980,000

7,516 SF

5909 Orch W St

OFFICE (GENERAL)

5909 Orch W St, Tacoma, WA 98467-3824

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