Mixed-Use Property For
For Sale
Contact for pricing
11738 Pacific Hwy SW, Tacoma, WA 98499
Mixed-use property offering owner-user or investment potential.
Property Size3,072 SF
Price / SF$232.75
Days on Market158
Property Features for 11738 Pacific Hwy SW
General Information
Standard status
Active
Size
3,072 SF
Property subtype
Retail, Mixed Use
Zoning
TOC (Transit Oriented Commercial)
Lease Type
NNN
Investment Type
Owner/User
Building Details
Tenancy
Single
Listed By:
Patrick Kane · License #25030374
Source:
Crexi
Added: May 12
Changed: Oct 3
Last Checked: Oct 16 at 7:58AM
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 Patrick Kane
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Investment Insights
Based on property information with market context.
This mixed-use property offers an opportunity for an owner-user or a value-add investment. The property has a size of 3072 square feet.
Key Highlights
- Owner‑user opportunity
- Value‑add investment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,394
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,880
$847.9K
Cap Rate 7%
$605,629
$605.6K
Cap Rate 9%
$471,044
$471.0K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$73.7K $24.00/SF
− Vacancy
−$5.9K −$1.92/SF
EGI
$67.8K $22.08/SF
− OpEx
−$25.4K −$8.28/SF
NOI
$42.4K $13.80/SF
Area
Tacoma, WA
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,880
Cap Rate 7%
$605,629
Cap Rate 9%
$471,044
Alternative Uses
Best Use
Mixed Use
$605.6K
$529.9K – $706.6K
NOI $42,394 @ 7.0% cap · market cap 5.93%
Second Best
Retail
$528.1K
$462.1K – $616.1K
NOI $36,965 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$944.2K
$826.2K – $1.10M
NOI $66,097 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 10%
Home Improvements & Furnishings 2%
7-Eleven
Shops & Services
8,666 visits/mo
0.4 miles
ARCO
Shops & Services
6,586 visits/mo
0.4 miles
KeyBank
Shops & Services
6,426 visits/mo
0.3 miles
Columbia Bank
Shops & Services
4,643 visits/mo
0.4 miles
Domino's Pizza
Dining
2,672 visits/mo
0.3 miles
Demographics for 98499, WA
33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property offering owner-user or investment potential.
Where is this mixed-use property located?
The property is located at 11738 Pacific Hwy SW Tacoma, WA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Owner‑user opportunity; Value‑add investment
