Mixed-Use Property For
11738 Pacific Hwy SW Tacoma, WA 98499
11738 Pacific Hwy SW, Tacoma, WA, 98499
Contact for pricing
For Sale
Contact for pricing
Mixed-use property offering owner-user or investment potential.
Property Size3,072 SF
Price / SF$232.75
Days on Market68
Property Features for 11738 Pacific Hwy SW
General Information
- Standard status
- Active
- Size
- 3,072 SF
- Property subtype
- Retail, Mixed Use
Listing Agency
CBRE - Seattle
Listed by
Patrick Kane · License #25030374
Source
Crexi
Added: May 12 Checked: Jul 17 at 7:29 am
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 CBRE - Seattle
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
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $24.00 |
| − Vacancy | −$5.9k | −$1.92 |
| EGI | $67.8k | $22.08 |
| − OpEx | −$25.4k | −$8.28 |
| NOI | $42.4k | $13.80 |
3,072 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 37.50%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
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
