Industrial Property with
For Sale
$1,450,000
10709 12th Ave E, Tacoma, WA 98445
Industrial property for sale with building size of 5064 SF.
Property Size5,064 SF
Price / SF$286.33
Days on Market198
Property Features for 10709 12th Ave E
General Information
Standard status
Active
Size
5,064 SF
Building Details
Year Built
1977
Listing Agency:
Realty One Group Turn Key
Listed By:
Craig Tuttle · License #16965
(253) 224-5500
Source:
Navidirealty
Added: Mar 27
Changed: Oct 7
Last Checked: Oct 7 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Turn Key
Investment Insights
Based on property information with market context.
This industrial property, featuring an outside storage (IOS) area, is available for sale. The building encompasses 5064 square feet.
Key Highlights
- Industrial for sale
- IOS for sale
- Building SF of 5064
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,220
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,400
$1.1M
Cap Rate 7%
$774,571
$774.6K
Cap Rate 9%
$602,444
$602.4K
Market Conditions
NOI Build-Up for 5,064 SF
Gross rent
$84.5K $16.68/SF
− Vacancy
−$7.0K −$1.38/SF
EGI
$77.5K $15.30/SF
− OpEx
−$23.2K −$4.59/SF
NOI
$54.2K $10.71/SF
Area
Tacoma, WA
Vacancy
8.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,084,400
Cap Rate 7%
$774,571
Cap Rate 9%
$602,444
Alternative Uses
Best Use
Industrial
$774.6K
$677.8K – $903.7K
NOI $54,220 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,957 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 98445, WA
33,927
Population
12,546
Households
2.7
Avg Household Size
36
Median Age
19%
College-Educated
90%
High-School Grad
10.4 sq mi
ZIP Area
3,262
Density / Sq Mi
$90,063
Median Household Income
$48,574
Median Earnings
$1,721
Median Rent
$413,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property for sale with building size of 5064 SF.
Where is this industrial property located?
The property is located at 10709 12th Ave E Tacoma, WA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Industrial for sale; IOS for sale; Building SF of 5064
