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    Property profile & analytics

    7201 Pioneer Wayb Gig Harbor, WA 98335-1161

    • Medical offices
    • 3,688 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $1,260,000
    Last Sale
    Jul 15, 2021
    $1,175,000
    Location Intelligence
    Property ID
    US90-0816375
    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.

    Current Use by Public Records

    • Medical offices

    Property Details for 7201 Pioneer Wayb

    Year built
    2007
    Construction
    WOOD FRAME
    Lot size
    0.38 lot acres
    Property size
    3,688 SF
    Zone code
    RB-1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    4002810020
    APU
    4002810020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,105,000
      6.5%
      $1,130,000
      7%
      $1,105,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,100,000
      Geo Method
      $1,145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,140,000
      Retail
      $1,350,000
      Mixed-Use
      $1,095,000
      Hospitality
      $1,255,000
      Educational
      $1,085,000
      Residential Income
      $1,215,000
      Energy
      $1,230,000
      Income-Based Land
      $1,140,000
      Food Service
      $1,190,000

    Location Insight

    • Map
    • Local Demand
    City
    Gig Harbor
    County
    Pierce
    State
    Washington
    Longitude
    -122.587
    Latitude
    47.3235
    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
    $9,873
    $424,400
    $739,900
    $1,164,300
    -
    $424,400
    $739,900
    $1,164,300

    Comparable in this City

    • Value Estimation by Request
      8,103 SF

      2920 Meridian St

      MEDICAL BUILDING • 8,103 SF
      2920 Meridian St, Gig Harbor, WA 98335
      View Details
    • Value Estimation
      $595,000
      2,686 SF

      5606 Soundview Dr

      MEDICAL BUILDING • 2,686 SF
      5606 Soundview Dr, Gig Harbor, WA 98335-2040
      View Details
    • Value Estimation by Request
      45,702 SF

      9230 Sky Is E Dr

      MEDICAL BUILDING • 45,702 SF
      9230 Sky Is E Dr, Gig Harbor, WA 98335
      View Details
    • Value Estimation
      $1,080,000
      2,060 SF

      3604 56th St

      MEDICAL BUILDING • 2,060 SF
      3604 56th St, Gig Harbor, WA 98335-8240
      View Details
    • Value Estimation
      $485,000
      2,448 SF

      6504 Wollochet Dr

      MEDICAL BUILDING • 2,448 SF
      6504 Wollochet Dr, Gig Harbor, WA 98335-8319
      View Details
    • Value Estimation by Request
      166,830 SF

      4700 Pt Fosdick Dr

      MEDICAL BUILDING • 166,830 SF
      4700 Pt Fosdick Dr, Gig Harbor, WA 98335-1706
      View Details

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    Similar Nearby for Lease

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    • $28 SF/Yr
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      Medical/Dental Space in Gig Harbor

      Turnkey medical/dental space in a vibrant Gig Harbor location.
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    • $22 SF/Yr
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      Gig Harbor Office Suites Available

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    • $44 SF/Yr
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      Gig Harbor Retail Center Opportunity

      Prime Gig Harbor location, 3,944 sq ft available.
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    • $25 SF/Yr
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      Move-In Ready Professional Office Space

      Professional office space available for rent in Gig Harbor, WA.
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      View Details
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    Gig Harbor, WA 98335-1161
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    Realmo Value Estimation

    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.

    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.

    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
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