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    4810 Wilkeson St Tacoma, WA 98408

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    For Sale
    $5,000,000

    3.89-acre site near Tacoma Mall, ideal for multifamily development.

    Property Features for 4810 Wilkeson St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1961

    Source: FIRST WESTERN PROPERTIES - TACOMA, INC. Agent ANDY JESSBERGER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Land I-5 Visibility

    This 3.89-acre site is located in Tacoma, with access to I-5 and the 1.3 million square foot Tacoma Mall. Zoned C-2, the property allows for the construction of a high-density multifamily community with up to 400 units, as well as a variety of commercial uses. The location provides visibility due to its proximity to I-5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Renaissance Life Center Housing Authority

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4606993
    Latitude
    47.2135362

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    FAQs

    What type of property is this?
    Commercial land - 3.89-acre site near Tacoma Mall, ideal for multifamily development.
    Where is this commercial land located?
    The property is located at 4810 Wilkeson St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Opportunity to build a high-density multifamily community with up to 400 units.; - C-2 zoning allows for a variety of commercial uses.; - Located in Tacoma, a dynamic city with a thriving market.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4810 Wilkeson St Tacoma, WA 98408
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