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    7116 Stinson Ave Gig Harbor, WA 98335-1100
    Property profile & analytics

    7116 Stinson Ave Gig Harbor, WA 98335-1100


    • Office Spaces
    • 3,216 SF
    • 0.71 lot acres
    Off-Market
    Last Sale Aug 20, 2020
    Property ID
    US90-0895136
    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
    $765,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sunrise Dental Gig Harbor / Dental Office
    • Farmers Insurance - Daniel Fraley / Insurance Agency
    • Lighthouse Nutrition and Wellness / Physician
    • Linda's Music Lessons / Vocational School / Training Center
    • Northwest Mortgage Services / Loan Service / Bank

    Property Details for 7116 Stinson Ave

    Year built
    1968
    Construction
    WOOD FRAME
    Lot size
    0.71 lot acres
    Property size
    3,216 SF
    Zone code
    B-2
    Property type
    Office Spaces
    APN
    221074074
    APU
    221074074

    Description

    This exceptional commercial property at 7116 Stinson Ave in Gig Harbor, WA 98335, offers a variety of executive office and retail spaces for lease. The building totals 2,341 square feet and is currently fully vacant, presenting a unique opportunity for immediate occupancy. Multiple suites are available, ranging from a minimum of 533 square feet to a maximum contiguous space of 1,012 square feet. Suite 205, a 1,012 square foot space, boasts an open floor plan, a break room, restroom, two private offices, and recently updated carpet and paint. Suite 207 offers 796 square feet with one private office and a restroom. Suite 208 provides an open floor plan with a restroom. All available spaces are located on the second floor. The property is conveniently located near SR-16 in downtown Gig Harbor and benefits from ample parking and excellent signage. This professional office and retail center is home to established businesses such as Moore Chiropractic, Sunrise Dental, Fraley Insurance, Critter Clippers, and Fox & Vixen Salon. The asking rate is $16.00 per square foot per year, plus NNN charges. Tenants are responsible for separately metered power. Cross-access parking is readily available.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $635,000
      6.5%
      $590,000
      7%
      $545,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $685,000
      Market price range: $132k - $685k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,040,000
      Current use
      AUTO REPAIR, GARAGE
      $1,180,000
      Change: +14% Conversion: Difficult
      RETAIL STORES
      $985,000
      Change: -5% Conversion: Easy
      WAREHOUSE, STORAGE
      $960,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $885,000
      Change: -15% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.59
    Latitude
    47.3231
    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
    $15,745
    $770,700
    $1,086,900
    $1,857,600
    -
    $770,700
    $1,086,900
    $1,857,600
    More about this property
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