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    FOR SALE
    Office Spaces

    9124 Gravelly Lake Dr SW, Tacoma, WA 98499

    3,885 SF 0.34 ac lot Built 1986
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US90-1532766
    Property summary
    AI-generated overview

    This exceptional 3,885+ square foot commercial building presents a unique owner-user opportunity in Lakewood, WA. Situated on a 0.34-acre lot at 9124 Gravelly Lake Drive SW, the property boasts unparalleled visibility and accessibility, benefiting from its location on two major roadways: Bridgeport Way and Gravelly Lake Drive, with combined traffic exceeding 20,000 vehicles daily. Monument signage is available on both streets, ensuring maximum brand exposure. The building itself features recently upgraded HVAC systems and tasteful interior finishes. Currently configured as four separate office suites, this versatile space offers flexibility for multiple tenants or a single owner-occupier. The property includes ample parking secured by a cross-parking easement, providing convenient access for employees and clients. The asking price is $1,100,000, and owner financing options may be negotiable, making this an attractive investment opportunity for discerning buyers. This prime commercial property is ideal for professional offices seeking a high-traffic location with excellent visibility and ample parking. The well-maintained building and flexible layout provide a strong foundation for immediate occupancy or future expansion. Don't miss this chance to acquire a valuable asset in a thriving Lakewood commercial corridor.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1986
    Construction WOOD FRAME
    Total area 3,885 SF
    Lot 0.34 ac (15,008 SF)
    Zoning code CBD
    APN 5130001380
    UPID US90-1532766
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Heather Crittendon Realtor/Tacoma Urban Digs Real Estate Agency
    • Fairway Independent Mortgage Corporation Loan Service Bank
    • Rain City Property Management Property Management Company
    • Tacoma Urban Digs Real Estate Agency
    • Hair Wear By Ray Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $710k
    Comparable Approach Comparable
    $477k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Finco Properties LLC · 7 yrs held
    Finco Properties LLC
    since 2019
    7 recorded transactions
    2019
    $616,000
    2012
    $826,796
    2007
    1989
    $538,621
    1969
    1969
    1969
    Zoning & alternative use
    CBD · Lakewood, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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