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    3912-3918 E Portland Ave E Tacoma, WA 98404

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    For Lease
    $4,650,000

    Centrally located retail space suitable for a specialty grocery store.

    Property size:
    19,880 SF
    Lot size:
    1.66 Acres

    Property Features for 3912-3918 E Portland Ave E

    General Information

    Size
    19,880 SF
    Lot size
    1.66 Acres

    Source: NI Commercial Real Estate Agent Norman Ives

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

    Overview

    Specialty Grocery Store Retail Space

    This centrally located retail space is suitable for a specialty grocery store. The property is part of a 3-tenant retail center that offers ample parking. The property size is 19880 square feet. The property is located in Tacoma, WA.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Similar Places Nearby

    B&A International Foods

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4086351
    Latitude
    47.2214718

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    FAQs

    What type of property is this?
    Grocery and convenience store - Centrally located retail space suitable for a specialty grocery store.
    Where is this grocery and convenience store located?
    The property is located at 3912-3918 E Portland Ave E Tacoma, WA.
    What are key features of this property?
    This property features: - Centrally located retail center; - Anchored by a specialty grocery store; - Benefits from good demographics
    (206) 251-4664
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    3912-3918 E Portland Ave E Tacoma, WA 98404
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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
    3912-3918 E Portland Ave E Tacoma, WA 98404
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