Retail Property with Fenced
14423 Pacific Ave S Tacoma, WA 98444
For Sale
Contact for pricing
Pending
Retail building with 144 feet of Pacific Avenue South frontage, drive-in loading, and a large fenced yard.
Property Size6,875 SF
Lot Size0.62 Acres
Days on Market140
Property Features for 14423 Pacific Ave S
General Information
Standard status
Pending
Size
6,875 SF
Lot size
0.62 Acres
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(253) 722-1459
Listed By:
Bruce Barker · License #22027044
Source:
Moodyscre
Added: Mar 13
Changed: Jul 26
Last Checked: Jul 29 at 3:59PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This retail property offers level ground-floor space with approximately 144 feet of frontage along Pacific Avenue South. The site includes a large fenced yard and drive-in loading, along with additional garage and residential structures. A 0.62-acre lot supports the existing configuration and outdoor storage area.
The property is located at 14423 Pacific Ave S in Tacoma, Washington. Towne Center (TCTR) zoning allows for a mix of high-density multi-family residential, local retail, grocery, restaurants, office, civic uses, and other amenities and services.
With its street frontage, fenced yard, and drive-in loading, the site provides a practical setup for retail uses that benefit from customer visibility and functional access for deliveries or service operations.
The property is located at 14423 Pacific Ave S in Tacoma, Washington. Towne Center (TCTR) zoning allows for a mix of high-density multi-family residential, local retail, grocery, restaurants, office, civic uses, and other amenities and services.
With its street frontage, fenced yard, and drive-in loading, the site provides a practical setup for retail uses that benefit from customer visibility and functional access for deliveries or service operations.
Key Highlights
- 144 feet of frontage along high‑traffic Pacific Avenue South
- 6,875 SF retail space on a level 0.62‑acre lot
- Drive‑in loading plus large fenced yard
Financial Insights For 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 | $123.8k | $18.00 |
| − Vacancy | −$5.6k | −$0.81 |
| EGI | $118.2k | $17.19 |
| − OpEx | −$35.5k | −$5.16 |
| NOI | $82.7k | $12.03 |
6,875 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.38M
NOI $82,727 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $147,923 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Tacoma Bloom Fresh Florist — 102 Military Rd S, Tacoma, WA 98444
- Gold Farms — 502 138th St E, Tacoma, WA 98445
- Albertsons Floral — Tacoma, WA 98444
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with 144 feet of Pacific Avenue South frontage, drive-in loading, and a large fenced yard.
Where is this storefront property located?
The property is located at 14423 Pacific Ave S Tacoma, WA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 144 feet of frontage along high‑traffic Pacific Avenue South; 6,875 SF retail space on a level 0.62‑acre lot; Drive‑in loading plus large fenced yard
