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    8702 Veterans SW Dr Lakewood, WA 98498-2563

    • Retail properties
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1084451
    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

    • Veterans Auto Repair / Auto Repair Shop

    Property Details for 8702 Veterans SW Dr

    Lot size
    0.07 lot acres
    Zone code
    R4
    Property type
    Retail properties
    APN
    2205000052
    APU
    2205000052

    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
    -122.553
    Latitude
    47.1447
    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
    $664
    $62,200
    $0.00
    $62,200
    -
    $62,200
    $0.00
    $62,200

    Comparable in this City

    • Value Estimation by Request
      24,782 SF

      8123 Steilacoom Blvd

      Retail properties • 24,782 SF
      8123 Steilacoom Blvd, Lakewood, WA 98498
      View Details
    • Value Estimation by Request
      1,175 SF

      8409 87Th Ave

      Individual retail properties • 1,175 SF
      8409 87Th Ave, Lakewood, WA 98498
      View Details
    • Value Estimation by Request
      3,948 SF

      15004 Un SW Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,948 SF
      15004 Un SW Ave, Lakewood, WA 98498-2252
      View Details
    • Value Estimation by Request
      5,100 SF

      14713 Un SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,100 SF
      14713 Un SW Ave, Lakewood, WA 98498-2245
      View Details
    • Value Estimation
      $365,000
      1,216 SF

      9126 Washington SW Blvd

      AUTO REPAIR, GARAGE • 1,216 SF
      9126 Washington SW Blvd, Lakewood, WA 98498-2641
      View Details
    • Value Estimation by Request
      2,358 SF

      8504 Hipkins SW Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,358 SF
      8504 Hipkins SW Rd, Lakewood, WA 98498-4626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,531 SF

      Lost Lake Forest Apartments

      Luxury Tacoma Apartments: 42 Units
      7907 Washington Blvd, Tacoma, WA 98498
      View Details
    • $680,000
      0.21 Acres

      Lakewood Restaurant - Turnkey Opportunity

      Established eatery, high traffic area, motivated seller.
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    • $529,000
      2,160 SF

      Updated Office Building with Suites

      Centrally located office building with income potential and flexible layout.
      14718 Union Ave SW, Lakewood, WA 98498
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    • $1,400,000

      Lakewood Land with I-5 Visibility

      Commercial land with I-5 visibility and development potential.
      15515 Maas Ln SW, Lakewood, WA 98498
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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.
      8123 Steilacoom Blvd, Lakewood, WA 98498
      View Details
    • Contact for pricing
      3,456 SF

      Retail Building Available for Lease

      Single tenant retail building in Lakewood, available November 2025.
      15404 Union Ave SW, Lakewood, WA 98498
      View Details
    • $14 SF/Yr
      4,795 SF

      Retail Space in Anchored Center

      Retail space available in Lakewood shopping center.
      8101 Steilacoom Blvd SW, Lakewood, WA 98498
      View Details
    • $0.40 SF/Yr
      106,720 SF

      Lakewood Warehouse with Rail Service

      Industrial space in Lakewood with rail service and heavy power.
      4500 92Nd Street Ct SW, Lakewood, WA 98498
      View Details
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    8702 Veterans SW Dr
    Lakewood, WA 98498-2563
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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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