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Financial
Distress signals
Property profile

6521 43Rd Avenue Ct NW Gig Harbor, WA 98335

FOR LEASE
Other warehouses
Property ID
US90-1646821
6,600 SF 5.54 ac lot Built 1994
Last sale Sep 2018 · $2,970,000
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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6521 43Rd Avenue Ct NW, Gig Harbor, WA 98335 For Lease
Contact for pricing 5,890 SF available
6521 43Rd Avenue Ct NW, Gig Harbor, WA 98335
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Property summary

AI-generated overview

A flex space building with a total area of approximately 5,890 square feet, configured with approximately 4,140 square feet on the main level and approximately 1,750 square feet on the lower level, both built on grade. The building is situated within RB-2 zoning and includes a roll-up door on the lower level plus three restrooms. The property is located in an area with existing local businesses, including Life Line Pet Nutrition, Emily Lex Studios, and Defender’s NW, and is designed for uses consistent with flex space under its zoning classification.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$3.07M
Assessed land$1.44M
Assessed improvement$1.63M
Effective rate0.85%

Value estimate

· Oct 2026
$850k
$765k – $935k
Submarket $/SF estimate$824k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$5k
Operating expenses−$19k
NOI · 212,356.92% cap applied$35k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
County average, outlier-cleaned · 261 recorded sales of this use type
Observed band · Q1–Q3$138 – $610
Qualifying comparables3

Cap rate analysis

How does the asset earn?
212,356.92%
$35k 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?
RB-2
Residential and Business District (RB-2) 17.31 Downtown Business District (DB) 17.32 Neighborhood Commercial District (B-1) 17.36 General...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant19.8
Auto Parts Store15.9
Auto Repair Shop13.7

Location

6521 43Rd Avenue Ct NW Gig Harbor, WA 98335
County assessor Recorded deeds · 5 transfers 3 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3201 Jahn NW, Gig Harbor, WA 98335-8047 $10,750,000 Mar 2025 10,050 SF
3509 57th St, Gig Harbor, WA 98335-8627 $2,300,000 Jan 2025 5,760 SF
7457 Madison, Gig Harbor, WA 98335 $3,700,000 Sep 2024 8,750 SF
3522 57th St, Gig Harbor, WA 98335-8571 $1,250,000 May 2023 5,040 SF
20620 8th E, Gig Harbor, WA 98335 $11,260,000 Nov 2021 5,000 SF
5775 Soundview, Gig Harbor, WA 98335-2211 $8,200,000 Oct 2019 13,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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