8201 S Tacoma Way, Tacoma, WA 98409
Mixed-use property featuring retail spaces and multifamily units.
- Added:
- Apr 16, 2024
- Days on Market:
- 803
- Last Refresh:
- Apr 5 at 8:39 pm
Property Features for 8201 S Tacoma Way
General Information
- Standard status
- Active
- Size
- 6,936 SF
- Lot size
- 0.34 Acres
- Property subtype
- RETAIL
Listing office NWC - KV LLC (253) 779-2403
Listing date Apr 16, 2024
Source Moodyscre
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
- Mixed‑use property featuring retail and multifamily units.
- Building size of 6,936 SF on a 15,000 SF lot.
- Includes a convenience store, massage business, and four apartment units.
- Additional 15,000 SF gravel lot available for development or parking.
- Income potential from retail and apartment units (call to discuss).
- Sale Price: $1,550,000.
Overview
Local Financial Insights For Specialty Retail
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 | $139.0k | $20.04 |
| − Vacancy | −$5.6k | −$0.80 |
| EGI | $133.4k | $19.24 |
| − OpEx | −$33.4k | −$4.81 |
| NOI | $100.1k | $14.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.486
- Latitude
- 47.1858
