Financial
Distress signals
Property profile

8016 Durango SW St Lakewood, WA 98499

OFF-MARKET
Warehouses
Property ID
US90-1332411
29,400 SF 2.04 ac lot Built 1963
Last sale Nov 2020 · $2,950,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Lakewood, WA industrial property at 8016 Durango St SW offers 33,160 square feet of versatile space, ideal for flex, manufacturing, or distribution businesses. Currently, 1,600 square feet is vacant, with available suites ranging from approximately 1,720 to 4,290 square feet. The two-story building, renovated in 2021, features high ceilings, clear spans, and ample power and water. The property boasts excellent parking, enhanced security with exterior cameras and lighting,

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?
$32k
Tax billed · 2024
Assessed value$2.72M
Assessed land$1.53M
Assessed improvement$1.19M
Effective rate1.18%

Value estimate

· Sep 2026
$3.87M
$3.48M – $4.26M
AI approach$3.80M
Submarket $/SF estimate$2.93M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$153/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$54 – $239
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
The Industrial 1 zoning district provides for regional research, light manufacturing, warehousing, concentrated business or employment pa...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.8
Pharmacy12.4
Parking Facility12.4

Location

8016 Durango SW St Lakewood, WA 98499-4591
County assessor Recorded deeds · 6 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8607 Durango SW, Tacoma, WA 98499-4433 $9,500,000 Jul 2024 47,500 SF
2520 112th S, Lakewood, WA 98499-8891 $3,380,000 Dec 2022 19,200 SF
10029 Tacoma, Lakewood, WA 98499-5199 $680,267 Oct 2022 23,488 SF
10107 Tacoma, Lakewood, WA 98499-4664 $680,267 Oct 2022 22,364 SF
10109 Tacoma, Lakewood, WA 98499-4665 $680,267 Oct 2022 19,900 SF
2916 107th S, Lakewood, WA 98499-1636 $7,360,000 Jan 2022 35,100 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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