12314 Pacific Highway SW Lakewood, WA 98499

Pending

$1,379,000

Market Estimate

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1.24 Acres
Commercial
Listing# 1662023

12314 Pacific Highway SW, Lakewood, WA 98499

Listing provided courtesy of: RE/MAX Northwest Realtors

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Views: 54 Days On Site: 175

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Property Details

Description

450 ft of road frontage on Pac Hwy. 10,000 sf Flex building with many potential uses including car lot, data center, warehouse, office, or retail. Large 1.25 acre lot with great access to I5, 512, and JBLM. This building is well suited for an owner/user or investor looking to reposition with big upside. Comparable lease rates are in the $15-$18/sf range. The property is a great value at this price.

General Features
- County Or Parish Pierce
- Furnished Unfurnished
- MLS Area Major 41 - Lakewood/Tillicum
- Property Sub Type Commercial Industrial
- Special Listing Conditions None
- Style Code 60 - Comm Bldg Und 10K
- Subdivision Name Tillicum
- Tax Annual Amount 8360
- Tax Year 2020
- Year Built 1971
Building Features
- Approximate Building Square Feet 10010
- Building Area Total 0
- Building Area Units Square feet
- Exterior Features Cement/Concrete, Wood
- Flooring Concrete
- Foundation Details Poured Concrete
- Living Area 0
- Living Area Units Square feet
- Roof Flat
Property Features
- Carport Y/N No
- Irrigation Water Rights Y/N No
- Lot Size Acres 1.2397
- Lot Size Dimensions 450 X 120
- Lot Size Square Feet 54000
- Lot Size Units Square feet
- Open Parking Y/N No
- Parking Total 0
- Sewer Sewer Connected
- Topography Level
- Utilities Sewer Connected,Electricity Available,Natural Gas Connected

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Neighborhood

98499 (Lakewood) Demographics

33 Median Age

3,326 Population Density (per sq. mile)

27% College Educated

$37,982 Estimated Median Income

4,262 Estimated Total Home Owners

8,373 Estimated Total Renters

34% / 66% Estimated Owner / Renter Divide

3 Estimated Average Household Size

30,630 Total Population

Community data courtesy of LiveBy, Inc.

Schools Near Here

Elementary Schools

Public Clover Park Early Learning Progr

Grades: PK - PK
Enrollment: 13

Public Dower Elementary School

Grades: PK - 5
Enrollment: 293

Public Four Heroes Elementary

Grades: PK - 5
Enrollment: 684

Public Lakeview Hope Academy

Grades: PK - 5
Enrollment: 712

Public Park Lodge Elementary School

Grades: PK - 5
Enrollment: 415

Private St Frances Cabrini School

Grades: 2 - 13
Enrollment: 172

Public Tyee Park Elementary School

Grades: PK - 5
Enrollment: 450

Middle Schools

Public Lochburn Middle School

Grades: 6 - 8
Enrollment: 546

Public Re-Entry Middle School

Grades: 6 - 8
Enrollment: 0

Private St Frances Cabrini School

Grades: 2 - 13
Enrollment: 172

High Schools

Public Alfaretta House

Grades: 11 - 12
Enrollment: 162

Public Clover Park High School

Grades: 9 - 12
Enrollment: 1183

Public CPSD Open Doors Program

Grades: 9 - 12
Enrollment: 100

Public Northwest Career and Technical H

Grades: 9 - 12
Enrollment: 233

Public Re-Entry High School

Grades: 9 - 12
Enrollment: 0

Private St Frances Cabrini School

Grades: 2 - 13
Enrollment: 172

School data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$418,750 Median Sales Price

20 Homes Sold

21 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price
--	Current Price Source	New Value: $1,379,000
3/3/2021 11:31:41 AM	Status Changed Source	New Value: Pending
9/11/2020 12:31:00 PM	New in Database Source	New Value: $1,379,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.