1212 11 St, Tacoma, WA 98405
Open floor plan suitable for commercial or live/work use.
- Added:
- Mar 9, 2026
- Days on Market:
- 119
- Last Refresh:
- Mar 16 at 11:04 am
Property Features for 1212 11 St
General Information
- Standard status
- Active
- Size
- 1,321 SF
Building Details
- Year Built
- 1955
Listing office NWC - KV LLC
Listing date Mar 9, 2026
Source Corcoran
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 NWC - KV LLC
HighLights
- Commercial or Live/Work space
- Great open floor plan
- Owned parking available
- Street parking available
- Ready for finishes
- Year Built: 1955
Overview
Local Financial Insights For Office B
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 | $35.7k | $27.00 |
| − Vacancy | −$7.1k | −$5.40 |
| EGI | $28.5k | $21.60 |
| − OpEx | −$7.1k | −$5.40 |
| NOI | $21.4k | $16.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.4541997
- Latitude
- 47.2515033
