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    Property profile & analytics

    8223 Steilacoom SW Blvd Lakewood, WA 98498-6156

    • Turn key restaurants
    • 1,716 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0987517
    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

    • Starbucks / Internet Cafe / Breakfast Restaurant

    Property Details for 8223 Steilacoom SW Blvd

    Year built
    2008
    Construction
    WOOD FRAME
    Lot size
    0.39 lot acres
    Property size
    1,716 SF
    Zone code
    NC2
    Property type
    Turn key restaurants
    APN
    220342010
    APU
    220342010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Pierce
    State
    Washington
    Longitude
    -122.547
    Latitude
    47.1801
    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
    $10,582
    $514,500
    $429,800
    $944,300
    -
    $514,500
    $429,800
    $944,300

    Comparable in this City

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      $255,000
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      15029 Thorne SW Ln

      RESTAURANT • 1,158 SF
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      $595,000
      2,980 SF

      14815 Un SW Ave

      RESTAURANT • 2,980 SF
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      $465,000
      2,470 SF

      14623 Un SW Ave

      RESTAURANT • 2,470 SF
      14623 Un SW Ave, Tacoma, WA 98498-2243
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      $300,000
      1,044 SF

      15204 Un SW Ave

      RESTAURANT • 1,044 SF
      15204 Un SW Ave, Tacoma, WA 98498-2047
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    • Value Estimation
      $785,000
      1,500 SF

      9124 Veterans SW Dr

      RESTAURANT • 1,500 SF
      9124 Veterans SW Dr, Lakewood, WA 98498-2571
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    Similar Nearby for Lease

    • $16 SF/Yr
      24,782 SF

      Oakbrook Plaza: Retail Space Available

      High-traffic retail center; spaces from 800-4795 sq ft.
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      Retail Space in Anchored Center

      Retail space available in Lakewood shopping center.
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      Updated Condo in Oakbrook Community

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    Property Visit Statistics

    • Visits by month
      17.0k
    • Visitors by month
      9.0k
    • Avg Time on site
      18 min
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    8223 Steilacoom SW Blvd
    Lakewood, WA 98498-6156
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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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