Financial
Distress signals
Property profile

7525 Pioneer Way Gig Harbor, WA 98335

FOR LEASE
Commercial land
Property ID
US90-0670975
1,408 SF 0.29 ac lot Built 1950
Last sale Mar 2020 · $2,640,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
7525 Pioneer Way, Gig Harbor, WA 98335 For Lease
Contact for pricing 2,713 SF available
7525 Pioneer Way, Gig Harbor, WA 98335
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Property summary

AI-generated overview

The property includes a first-floor professional office space totaling 2,713 square feet, configured with two entrances and parking provision of approximately 3.25 stalls per 1,000 square feet. The interior layout comprises a reception and waiting area, a kitchen and break area, three private offices, a conference room, and a large open bullpen/work area, along with access to common area restrooms. The space is equipped with sprinkler fire protection and is separately metered for utilities. The

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.

Mortgages

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?
$2k
Tax billed · 2024
Assessed value$222k
Assessed land$222k
Effective rate0.85%

Value estimate

· Sep 2026
$2.88M
$2.59M – $3.17M
AI approach$3.21M
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$8k
Operating expenses−$13k
NOI · 147,796.15% cap applied$38k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$323/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$167 – $490
Qualifying comparables15

Cap rate analysis

How does the asset earn?
147,796.15%
$38k 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?
R-2
Medium-Density Residential (R-2) 17.21 Planned Community Development Medium Density Residential (RMD) 17.24 Multiple-Family Residential (...
General categoryRESIDENTIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Electrical Service9.0
Laundry Service9.0

Location

7525 Pioneer Way Gig Harbor, WA 98335
County assessor Recorded deeds · 6 transfers 15 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
5609 Proctor, Gig Harbor, WA 98335 $1,539,432 Jun 2023 No data
5608 Durango, Gig Harbor, WA 98335 $1,539,432 Jun 2023 No data
5613 Proctor, Gig Harbor, WA 98335 $1,539,432 Jun 2023 No data
2701 Jahn NW, Gig Harbor, WA 98335-7939 $483,000 May 2023 No data
7306 Stinson, Gig Harbor, WA 98335-1140 $71,500 May 2019 1,155 SF
6406 43rd Ave, Gig Harbor, WA 98335-8354 $2,970,000 Sep 2018 1,404 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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