Building Details

Year Built 2001

Listing Agency: FIRST WESTERN PROPERTIES - TACOMA, INC. j***@firstwesternproperties.com Show Phone

Listed By: JEREMIAH DURR · License #49001

Source: Corcoran

Added: Sep 18, 2024 Changed: Jul 6 Last Checked: Jul 23 at 7:24AM

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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 FIRST WESTERN PROPERTIES - TACOMA, INC.

Investment Insights

Based on property information with market context.

This Tacoma Nalley Valley light industrial/flex warehouse is being offered for sale for the first time. Its location offers proximity to Interstate 5 and Hwy 16 interchange, making it accessible for businesses serving the Puget Sound area. The property is zoned M1 and M2-STGPD Industrial, which allows for a variety of uses.

Key Highlights

• First time on market.
• Proximity to Interstate 5 and Hwy 16 interchange.
• M1 and M2‑STGPD Industrial zoning.

Property Analytics

Property Profile

Current Use

Gig Harbor Boat ... Factory Axle Transmission-Washington Auto Repair Shop C & G MARBLE ... General Contractor Ballew's Hitch Truck ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Dental Office Storage Facility Restaurant Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

575

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98409, WA

27,840

Population

12,136

Households

2.3

Avg Household Size

33

Median Age

21%

College-Educated

87%

High-School Grad

7.1 sq mi

ZIP Area

3,921

Density / Sq Mi

$71,649

Median Household Income

$43,652

Median Earnings

$1,579

Median Rent

$363,000

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Flex space - Light industrial/flex warehouse with owner-user space, superb location.

Where is this flex space located?

The property is located at 2940 M St Tacoma, WA.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: First time on market.; Proximity to Interstate 5 and Hwy 16 interchange.; M1 and M2‑STGPD Industrial zoning.