Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6915 Lakewood Dr W Ste A4 Tacoma, WA 98467-3299
    Property profile & analytics

    6915 Lakewood Dr W Ste A4, Tacoma, WA 98467-3299

    View on Map
    • Office Spaces
    • 1,755 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Aug 31, 2022
    $407,500
    Property ID
    US90-1175944
    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

    • Jonathan F. Stubbs, Attorney at Law / Law Firm
    • Brian J. Stemp, DC / Alternative Medicine Practice
    • Kyla Nakamura / Alternative Medicine Practice
    • Stemp Family Chiropractic, LLC / Alternative Medicine Practice
    • Hemminger & Associates, Inc. / Accounting Firm

    Property Details for 6915 Lakewood Dr W Ste A4

    Year built
    1998
    Construction
    WOOD FRAME
    Lot size
    0.14 lot acres
    Zone code
    MUD
    Property type
    Office Spaces
    APN
    9002570040
    APU
    9002570040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2022 $407,500 Pkg & B II LLC Marycatherine Stubbs Warranty Deed —
    Jan 24, 2008 $400,000 Jonathan F Stubbs Tinsley,kevin C & Kristin M Warranty Deed $304k · Columbia State Bank

    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
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.508
    Latitude
    47.1952
    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
    $4,575
    $152,300
    $222,700
    $375,000
    -
    $152,300
    $222,700
    $375,000

    Comparable in this City

    • Value Estimation
      $1,395,000
      6,849 SF

      4970 Bridgeport W Way

      OFFICE (GENERAL)
      4970 Bridgeport W Way, Tacoma, WA 98467-2029
      View Details
    • Value Estimation
      $11,960,000
      49,980 SF

      9850 64th W St

      OFFICE (GENERAL)
      9850 64th W St, University Place, WA 98467-1078
      View Details
    • Value Estimation by Request
      1,240 SF

      6927 Lakewood Dr W Ste C4

      OFFICE (GENERAL)
      6927 Lakewood Dr W Ste C4, Tacoma, WA 98467-3247
      View Details
    • Value Estimation
      $590,000
      2,394 SF

      6915 Lakewood Dr W Ste A1

      OFFICE (GENERAL)
      6915 Lakewood Dr W Ste A1, Tacoma, WA 98467-3299
      View Details
    • Value Estimation
      $1,150,000
      6,130 SF

      6419 Lakewood W Dr

      OFFICE (GENERAL)
      6419 Lakewood W Dr, University Place, WA 98467-3331
      View Details
    • Value Estimation
      $2,460,000
      15,839 SF

      7350 Cirque W Dr

      OFFICE (GENERAL)
      7350 Cirque W Dr, University Place, WA 98467-2241
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,800 SF

      Mixed-Use Property in University Place

      Established mixed-use property with flexible space in Tacoma, Washington.
      5314-5316 Orchard St W, University Place, WA 98467
      View Details
    • Contact for pricing
      7,516 SF

      Two-Story Office Building For Sale

      7,516 SF office building with new roof and HVAC.
      5909 Orchard St W, Tacoma, WA 98467
      View Details
    • $550,000

      Two-Story Office Condo For Sale

      Two-story office condo with private offices and conference room.
      6923 Lakewood Dr W, Tacoma, WA 98467
      View Details
    • $1,549,500
      6,104 SF

      Office Building with I-5 Access

      Office building offering excellent visibility and convenient I-5 access.
      6403 Lakewood Dr W, Tacoma, WA 98467
      View Details
    • $1,549,500
      6,104 SF

      Quality Office Building For Sale

      Prime location office building with recent renovations and ample parking.
      6403 Lakewood Dr W, University Place, WA 98467
      View Details

    Similar Nearby for Lease

    • $11,274 /Mo
      7,516 SF

      Two-Story Office Space Available

      7,516 SF office space for rent with 25 surface spaces.
      5909 Orchard St W, Tacoma, WA 98467
      View Details
    • $10,767 /Mo
      6,800 SF

      Move-in Ready Office Suite

      Office suite with private offices, conference rooms, and kitchen.
      5314 Orchard St W, University Place, WA 98467
      View Details
    • Contact for pricing
      6,950 SF

      University Place Office Space

      Office building with 6,950 square feet available for rent.
      7350 Cirque Dr West, University Place, WA 98467
      View Details
    • $3,412 /Mo
      1,780 SF

      University Place Retail Space Available

      Retail space in University Place with high visibility.
      5502 Orchard St W, University Place, WA 98467
      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.
    6915 Lakewood Dr W Ste A4
    Tacoma, WA 98467-3299
    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
    6915 Lakewood Dr W Ste A4, Tacoma, WA, 98467
    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!