5201 Olympic DrGig Harbor, WA 98335

  • Office properties
  • 17,869 SF
For Lease
$18.50/SF/YR View listing

Property Details for 5201 Olympic Dr

Year built
2004
Construction
WOOD FRAME
Lot size
0.71 AC
Property size (Sq ft)
17,869 SF
Zone code
B-2
Property type
Office properties
APN
9007150010
APU
9007150010

Description

This exceptional Gig Harbor office space, located at 5201 Olympic Drive, 98335, offers a versatile 1,064 square foot suite ideal for medical or traditional office use. Situated in a multi-tenant building, this space presents a fantastic opportunity for businesses seeking a well-located and functional workspace. The suite is immediately available and ready for occupancy. The property's address is conveniently located in Gig Harbor, Washington, providing easy access to major transportation routes and local amenities. While the total building square footage is not currently specified, this particular suite offers a comfortable and efficient layout, perfect for a variety of professional needs. Interested parties are encouraged to take advantage of the available 3D virtual tour to explore the space in detail. The suite is part of a multi-tenant building, offering a collaborative and professional environment. This prime location in Gig Harbor, WA, combines convenience with a thriving business community. The minimum divisible space is 1,064 square feet, making it an excellent choice for businesses of various sizes. Further details regarding building amenities and lease terms are available upon request. Don't miss this chance to secure this well-positioned office space in a desirable Gig Harbor location. A virtual tour link is provided for a comprehensive preview.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,835,396
    6.5%
    $4,463,442
    7%
    $4,144,624
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,791,822
    Geo Method
    $3,441,212
  • Alternative Use

    Use
    Valuation
    Residential
    $5,534,668
    Hospitality
    $5,069,726
    Educational
    $4,217,952
    Medical
    $4,363,014
    Retail
    $6,561,260

Location Insight

City
Gig Harbor
County
Pierce
State
Washington
Latitude
47.3055
Longitude
-122.583
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
$42,978
$782,800
$4,290,000
$5,072,800
-
$782,800
$4,290,000
$5,072,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].