5122 OlympicGig Harbor, WA 98335

  • Healthcare properties
  • 9,820 SF
Off market
$2,810,400 Estimated

Property Details for 5122 Olympic

Year built
1979
Construction
WOOD FRAME
Lot size
1.29 AC
Property size (Sq ft)
9,820 SF
Zone code
B-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
221177025
APU
221177025

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,657,316
    6.5%
    $2,452,907
    7%
    $2,277,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,633,370
    Geo Method
    $1,891,136
  • Alternative Use

    Use
    Valuation
    Residential
    $3,041,605
    Hospitality
    $2,786,094
    Educational
    $2,317,997
    Medical
    $2,397,717
    Retail
    $3,605,774
5122 Olympic, Gig Harbor, Washington

Location Insight

City
Gig Harbor
County
Pierce
State
Washington
Latitude
47.305
Longitude
-122.584
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
$23,816
$1,427,800
$1,382,600
$2,810,400
-
$1,427,800
$1,382,600
$2,810,400

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