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Tacoma Industrial/Manufacturing Warehouse Building
For Sale
$12,820,000

1815 E D St, Tacoma, WA 98421

Stand-alone industrial building with access to Port of Tacoma.

Property Size98,300 SF
Price / SF$130.42
Days on Market196

Property Features for 1815 E D St

General Information

Standard status Active
Size 98,300 SF
Property subtype Industrial
Listing Agency: NAI Puget Sound Properties
Listed By: Arie Salomon, SIOR, CCIM
Source: Nai-psp
Added: Mar 26 Changed: Oct 5 Last Checked: Oct 5 at 5:30PM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

The Tacoma Fixture Building is a stand-alone industrial/manufacturing warehouse building. It offers access to the Port of Tacoma, I-5, and SR 167. The property is 98300 square feet. The market dynamics include diminished land supply and tightening vacancy rates.

Key Highlights

  • Stand‑alone industrial/manufacturing warehouse building.
  • Excellent access to the Port of Tacoma, I‑5, and SR 167.
  • Strong market dynamics of diminished land supply.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,052,487
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,049,740 $21.0M
Cap Rate 7%
$15,035,529 $15.0M
Cap Rate 9%
$11,694,300 $11.7M
Market Conditions
NOI Build-Up for 98,300 SF
Gross rent
$1.64M $16.68/SF
− Vacancy
−$136.1K −$1.38/SF
EGI
$1.50M $15.30/SF
− OpEx
−$451.1K −$4.59/SF
NOI
$1.05M $10.71/SF
Area
Tacoma, WA
Vacancy
8.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,049,740
Cap Rate 7%
$15,035,529
Cap Rate 9%
$11,694,300

Alternative Uses

Best Use
Warehouse
$18.26M
$15.98M – $21.30M (±1% cap)
NOI $1,278,021 @ 7.0% cap · market cap 9.97%
Second Best
Industrial
$15.04M
$13.16M – $17.54M (±1% cap)
NOI $1,052,487 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$30.21M
$26.44M – $35.25M (±1% cap)
NOI $2,115,023 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Tacoma Fixture Co. General Contractor Valley Line Cabinets General Contractor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Florist Grocery & Convenience Store Tanning Salon

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

1,988
Businesses Nearby

Demographics for 98421, WA

1,239
Population
78
Households
15.9
Avg Household Size
34
Median Age
25%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
191
Density / Sq Mi
$1,273
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Stand-alone industrial building with access to Port of Tacoma.
Where is this manufacturing property located?
The property is located at 1815 E D St Tacoma, WA.
What is the asking price?
The asking price for this property is $12,820,000.
What are key features of this property?
This property features: Stand‑alone industrial/manufacturing warehouse building.; Excellent access to the Port of Tacoma, I‑5, and SR 167.; Strong market dynamics of diminished land supply.
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