Tacoma Industrial Property For
For Sale
$777,000
Pending
1201 S 30th St, Tacoma, WA 98409
Industrial property in central Tacoma with M1 zoning.
Property Size3,582 SF
Days on Market183
Property Features for 1201 S 30th St
General Information
Standard status
Pending
Size
3,582 SF
Class
Unclassified
Property subtype
office
Listing Agency:
Seattle
(206) 607-1700
Listed By:
Marcelo Garcés · License #105065
(206) 971-7032
Source:
Property.jll
Added: Apr 15
Changed: Oct 7
Last Checked: Oct 12 at 4:53PM
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 Seattle
Investment Insights
Based on property information with market context.
Located in central Tacoma, this property benefits from its strategic location and M1 zoning designation. The property's opportunity zone status may provide investors with tax advantages. The 3,582-square-foot property is suitable for light manufacturing, warehousing, research and development, wholesale trade, or service and repair operations.
Key Highlights
- Strategic central Tacoma location
- M1 zoning suitable for light industrial use
- Opportunity Zone status offering significant tax advantages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,557
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,140
$771.1K
Cap Rate 7%
$550,814
$550.8K
Cap Rate 9%
$428,411
$428.4K
Market Conditions
NOI Build-Up for 3,582 SF
Gross rent
$64.5K $18.00/SF
− Vacancy
−$5.2K −$1.44/SF
EGI
$59.3K $16.56/SF
− OpEx
−$20.8K −$5.80/SF
NOI
$38.6K $10.76/SF
Area
Tacoma, WA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,140
Cap Rate 7%
$550,814
Cap Rate 9%
$428,411
Alternative Uses
Best Use
Flex RnD
$550.8K
$482.0K – $642.6K
NOI $38,557 @ 7.0% cap · market cap 4.96%
Second Best
Industrial
$547.9K
$479.4K – $639.2K
NOI $38,352 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.10M
$963.4K – $1.28M
NOI $77,070 @ 7.0% cap · market cap 9.92%
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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Dombrowski Catering — 3544 S Wilkeson St, Tacoma, WA 98418
- Mai's Catering — 3402 s g st, tacoma, wa 98418
Frequently Asked Questions
What type of property is this?
Flex space - Industrial property in central Tacoma with M1 zoning.
Where is this flex space located?
The property is located at 1201 S 30th St Tacoma, WA.
What is the asking price?
The asking price for this property is $777,000.
What are key features of this property?
This property features: Strategic central Tacoma location; M1 zoning suitable for light industrial use; Opportunity Zone status offering significant tax advantages
