Listing Agency: Timothy Johnson Commercial Properties, LLC Show Phone

Listed By: Timothy Johnson Show Phone

Source: Moodyscre

Added: Aug 12, 2020 Changed: Sep 12 Last Checked: Sep 12 at 8:23AM

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Investment Insights

Based on property information with market context.

This property consists of two parcels situated on the corner of Proctor and 27th. One parcel encompasses 14,900 square feet and features a fully tenanted 10,415-square-foot building. The second parcel is a 6,100-square-foot vacant lot. The combined land area of both parcels totals 21,000 square feet. The location offers significant redevelopment potential due to its Neighborhood Commercial Mixed-Use District (NCX) zoning, which permits a combination of residential, retail, and commercial uses.

Key Highlights

• High redevelopment potential due to location.
• Zoning (NCX) allows for mixed‑use development: residential, retail, and commercial.
• Total land area of 21,000sf.

Property Analytics

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Current Use

New Era Cleaners ... (Bike/Boat/Book/etc) Store Tacoma Glass Gallery ... Art Gallery Fuzzy Wuzzy Rug ... Car Wash Multicare Mental Health ... Medical Clinic Graffiti Busters Painting Service

Suggested Use

Top Pick Auto Repair Shop Bakery HVAC Service Furniture & Home Goods Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

704

Businesses Nearby

Explore this area Business Placement

Demographics for 98407, WA

21,931

Population

10,545

Households

2.1

Avg Household Size

45

Median Age

50%

College-Educated

96%

High-School Grad

5.4 sq mi

ZIP Area

4,061

Density / Sq Mi

$108,905

Median Household Income

$70,157

Median Earnings

$1,847

Median Rent

$613,000

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Two parcels with redevelopment potential in a mixed-use district.

Where is this specialty property located?

The property is located at 2621 N Proctor St Tacoma, WA.

What is the asking price?

The asking price for this property is $4,250,000.

What are key features of this property?

This property features: High redevelopment potential due to location.; Zoning (NCX) allows for mixed‑use development: residential, retail, and commercial.; Total land area of 21,000sf.