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    Medical Office Building For Sale Title is generated by Realmo AI

    14818 Pacific Ave S, Tacoma, WA 98444

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    For Sale
    $489,630

    Single-tenant medical office with four operatories and upgraded signage.

    Type:Commercial
    Property size:
    1,718 SF
    Price / SF:
    $285/SF
    Added:
    Mar 14, 2025
    Days on Market:
    479
    Last Refresh:
    May 11 at 1:54 am

    Property Features for 14818 Pacific Ave S

    General Information

    Standard status
    Active
    Size
    1,718 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1987

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    TIMOTHY JOHNSON

    Listing office TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC

    Listing date Mar 14, 2025

    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 TIMOTHY JOHNSON COMMERCIAL PROPERTIES, LLC

    HighLights

    • Single‑tenant medical office building.
    • Four dental operatories ready for use (or offices).
    • Generous, fenced and gated parking lot.
    • Tastefully landscaped and well‑lighted property.
    • Recently upgraded monument sign on 149th St. S.
    • Zoned AC.

    Overview

    This is a meticulously maintained 1,728 square foot single-tenant medical office building situated on a 0.139 acre lot. The property features four dental operatories that could alternatively be used as offices. It is tastefully landscaped and well-lighted. The generous parking lot is fenced and gated. An upgraded monument sign on 149th Street South provides professional business signage exposure. The property is zoned AC and identified by Tax ID 983000-0-124.

    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 $46.4k $27.00
    − Vacancy −$9.3k −$5.40
    EGI $37.1k $21.60
    − OpEx −$9.3k −$5.40
    NOI $27.8k $16.20
    1,718 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $397.6K
    $347.9K – $463.9K (±1% cap)
    NOI $27,832 @ 7.0% cap · market cap 5.68%
    Second Best
    Healthcare Medical
    $350.9K
    $307.0K – $409.3K (±1% cap)
    NOI $24,560 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Office A
    $528.1K
    $462.1K – $616.1K (±1% cap)
    NOI $36,964 @ 7.0% cap · market cap 7.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Knox Carl DDS Dental Office

    Suggested Use

    Law Firm Hotel & Motel Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center HVAC Service Department Store Clothing & Fashion Store Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Northwest Spay & Neuter Center — 6401 Pacific Ave, Tacoma, WA 98408

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.435
    Latitude
    47.1223

    FAQs

    What type of property is this?
    Medical Office Space - Single-tenant medical office with four operatories and upgraded signage.
    Where is this medical office space located?
    The property is located at 14818 Pacific Ave S Tacoma, WA.
    What is the asking price?
    The asking price for this property is $489,630.
    What are key features of this property?
    This property features: Single‑tenant medical office building.; Four dental operatories ready for use (or offices).; Generous, fenced and gated parking lot.
    More about this property
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