Financial
Distress signals
Property profile

7817 Skansie Ave Gig Harbor, WA 98335

FOR SALE
Retail space
View Listing
Property ID
US90-0671007
1,440 SF 0.44 ac lot Built 1978
Last sale Jan 2026 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 0.44-acre commercial property in Gig Harbor, Washington, presents a unique owner-user opportunity. Located at 7817 Skansie Ave, this parcel (APN 0221071017) is zoned RB-2 by the City of Gig Harbor. The property boasts two high-quality buildings, reconstructed in 2008, offering a combined 2,040+/- square feet of usable space. One building is a 600+/- square foot studio, and the other is a 1,440+/- square foot office/assembly space. Utilities are provided by Peninsula Light

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$4k
Tax billed · 2024
Assessed value$442k
Assessed land$275k
Assessed improvement$167k
Effective rate0.85%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$390k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$6k
Operating expenses−$10k
NOI · 3.40% cap applied$29k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$306/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$154 – $475
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.40%
$29k 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?
RB-2
Residential and Business District (RB-2) 17.31 Downtown Business District (DB) 17.32 Neighborhood Commercial District (B-1) 17.36 General...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage8.2
Dental Office8.7
Kitchen & Bath8.4

Location

7817 Skansie Ave Gig Harbor, WA 98335
County assessor Recorded deeds · 10 transfers 5 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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