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    5314-5316 Orch St W University Place, WA

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    For Sale
    $1,755,000

    Established mixed-use property with flexible space in Tacoma, Washington.

    Property size:
    10,097 SF
    Lot size:
    0.50 Acres

    Property Features for 5314-5316 Orch St W

    General Information

    Size
    10,097 SF
    Lot size
    0.50 Acres

    Source: Marcus & Millichap, Inc. Agent Dylan Wolf

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

    Overview

    Mixed-Use Property in University Place

    This established mixed-use property is located in the University Place neighborhood of Tacoma, Washington. Situated on the corner of 53rd St W and South Orchard Street, the property benefits from high traffic exposure, with approximately 21,000 vehicles passing daily. The multi-tenant building offers 10,097 square feet of flexible space. The property features a first-floor office, a finished basement/warehouse, and one residential apartment unit. The diverse tenancy and strategic location provide an opportunity for investors or businesses looking to expand their footprint in a growing market.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    University Place
    County
    Pierce
    State
    Washington
    Longitude
    -122.439914
    Latitude
    47.248495

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    FAQs

    What type of property is this?
    Mixed-use property - Established mixed-use property with flexible space in Tacoma, Washington.
    Where is this mixed-use property located?
    The property is located at 5314-5316 Orch St W University Place, WA.
    What is the asking price?
    The asking price for this property is $1,755,000.
    What are key features of this property?
    This property features: - High traffic exposure (21,000 vehicles daily) due to corner lot location.; - 10,097 SF of flexible space.; - Mixed-use property with diverse tenancy (office, warehouse/basement, residential).
    (206) 826-5700
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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
    5314-5316 Orch St W University Place, WA
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