Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6755 Kimball Dr Gig Harbor, WA 98335-1231
    Back to Search
    Property profile & analytics

    6755 Kimball Dr Gig Harbor, WA 98335-1231

    View on Map
    • Auto shops
    • 1,300 SF
    • 0.65 lot acres
    Off-Market
    Last Sale Jun 8, 2025
    $5,250,000
    Property ID
    US90-1700949
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Classy Chassis Self-Serve Car Wash / Car Wash
    • Kimball Garage Door Repair Of Gig Harbor / Building Supply / General Contractor
    • Kimball's Hands On Detailing & Auto Accessories - Ceramic Coatings, Paint Protection Film, and Window Tinting / Car Wash

    Property Details for 6755 Kimball Dr

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    0.65 lot acres
    Property size
    1,300 SF
    Zone code
    B-2
    Property type
    Auto shops
    APN
    221087012
    APU
    221087012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.586
    Latitude
    47.3204
    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
    $8,345
    $637,000
    $346,900
    $983,900
    -
    $637,000
    $346,900
    $983,900

    Comparable in this City

    • Value Estimation
      $1,265,000
      2,400 SF

      3621 Hunt St

      AUTO REPAIR, GARAGE • 2,400 SF
      3621 Hunt St, Gig Harbor, WA 98335-8533
      View Details
    • Value Estimation by Request
      223 SF

      4073 142nd E Ave

      AUTO REPAIR, GARAGE • 223 SF
      4073 142nd E Ave, Gig Harbor, WA 98335
      View Details
    • Value Estimation
      $2,530,000
      4,800 SF

      9316 Portland E Ave

      AUTO REPAIR, GARAGE • 4,800 SF
      9316 Portland E Ave, Gig Harbor, WA 98335
      View Details
    • Value Estimation by Request
      1,008 SF

      3209 Judson St

      AUTO REPAIR, GARAGE • 1,008 SF
      3209 Judson St, Gig Harbor, WA 98335-1223
      View Details
    • Value Estimation
      $735,000
      1,800 SF

      2807 Pioneer E Way

      AUTO REPAIR, GARAGE • 1,800 SF
      2807 Pioneer E Way, Gig Harbor, WA 98335
      View Details
    • Value Estimation
      $1,985,000
      3,760 SF

      3302 Hunt St

      AUTO REPAIR, GARAGE • 3,760 SF
      3302 Hunt St, Gig Harbor, WA 98335-2036
      View Details

    Similar Nearby for Sale

    • $1,175,000

      Waterfront Market with Rental Income

      Multi-source income property with market, fuel, and Airbnb rental.
      7102 Ray Nash Dr NW, Gig Harbor, WA 98335
      View Details
    • Contact for pricing

      Waterfront Land on Wollochet Bay

      1.98-acre waterfront canvas with utilities on Wollochet Bay.
      2622 East Bay Dr, Gig Harbor, WA 98335
      View Details
    • Contact for pricing

      2.75 Acre Commercial Property

      2.75 acres with shop and immediate highway access for sale.
      4542 Neel Ct, Gig Harbor, WA 98335
      View Details
    • Contact for pricing

      Waterfront Land with Olympic Views

      3.4 acres of waterfront land with mountain views.
      11600 32Nd Street Ct Northwest, Gig Harbor, WA 98335
      View Details
    • Contact for pricing
      3,872 SF

      Two-Story Building with Parking

      Two-story building with parking, ideal for owner-user or investment.
      5315 57Th St NW, Gig Harbor, WA 98335
      View Details

    Similar Nearby for Lease

    • $2,243 /Mo
      1,346 SF

      Office, Retail, and Flex Space

      Office, retail, and flex spaces available for lease.
      5775 Soundview Dr, Gig Harbor, WA 98335
      View Details
    • $13,662 /Mo
      5,855 SF

      Retail Space in Pioneer Plaza

      Retail center with high visibility and accessibility off Highway 16.
      6820 Kimball Dr, Gig Harbor, WA 98335
      View Details
    • Contact for pricing
      1,550 SF

      Gig Harbor Retail Space Available

      Open floor plan retail space in Gig Harbor for rent.
      5125 Olympic Dr NW, Gig Harbor, WA 98335
      View Details
    • $44 SF/Yr
      4,205 SF

      Retail Space in Gig Harbor

      Retail space available for lease in Gig Harbor, WA.
      5114-5502 Point Fosdick Dr NW, Gig Harbor, WA 98335
      View Details
    • $2,243 /Mo
      1,346 SF

      Office Retail Flex Space Available

      Institutional-quality office park with retail and flex space.
      5775 Soundview Dr, Gig Harbor, WA 98335
      View Details
    • $3,617 /Mo
      1,550 SF

      Gig Harbor Retail Space Available

      Open floor plan retail space in Gig Harbor.
      5125 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.
    6755 Kimball Dr
    Gig Harbor, WA 98335-1231
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6755 Kimball Dr, Gig Harbor, WA, 98335
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!