7195 Wagner WayGig Harbor, WA 98335

Property Details for 7195 Wagner Way

Year built

2006

Construction

WOOD FRAME

Lot size

0.97 AC

Property size (Sq ft)

8,337 SF

Zone code

RB-2

Property type

Office properties

APN

4002440010

APU

4002440010

Description

Mallard's Landing I offers a 2,122 square foot executive office suite within a larger 8,154 square foot Class B building. This single-tenant space is ideally suited for businesses seeking a prestigious and efficient workspace. Built in 2006, the building is zoned H and boasts modern amenities, though specific building highlights are not currently available. The available space represents a significant portion of the building's total square footage, presenting a unique opportunity for a growing company to establish a substantial presence. The property's classification as an "Executive Office" suggests a higher level of finish and potentially desirable features compared to standard office spaces. The single-tenant occupancy ensures privacy and control over the entire space. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a well-located, sizable executive office suite in a well-maintained building. The property's location details are currently unavailable, but further information can be provided upon request. The zoning designation (H) should be verified with the relevant authorities to ensure compliance with intended business operations. This executive office space presents a compelling opportunity for businesses seeking a high-quality, single-tenant office environment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,256,013

  6.5%

  $2,082,473

  7%

  $1,933,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,235,683

  Geo Method

  $1,605,540

• Alternative Use

  Use

  Valuation

  Residential

  $2,582,267

  Hospitality

  $2,365,342

  Educational

  $1,967,937

  Medical

  $2,035,618

  Retail

  $3,061,236

Location Insight

City

Gig Harbor

County

Pierce

State

Washington

Latitude

47.3229

Longitude

-122.593

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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