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Tacoma Nalley Valley Warehouse Investment
For Sale
$5,200,000
Pending

2940 M St, Tacoma, WA 98409

Light industrial/flex warehouse with owner-user space, superb location.

Property SizeContact for details
Days on Market780

Property Features for 2940 M St

General Information

Standard status Pending
Property subtype Commercial

Site & Location

Neighborhood South End

Building Details

Year Built 2001
Listing Agency: FIRST WESTERN PROPERTIES - TACOMA, INC.
Listed By: JEREMIAH DURR · License #49001
Source: Corcoran
Added: Sep 18, 2024 Changed: Oct 26 Last Checked: Nov 6 at 8:35AM

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 FIRST WESTERN PROPERTIES - TACOMA, INC.

Rey
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Investment Insights

Based on property information with market context.

This Tacoma Nalley Valley light industrial/flex warehouse is being offered for sale for the first time. Its location offers proximity to Interstate 5 and Hwy 16 interchange, making it accessible for businesses serving the Puget Sound area. The property is zoned M1 and M2-STGPD Industrial, which allows for a variety of uses.

Key Highlights

  • First time on market.
  • Proximity to Interstate 5 and Hwy 16 interchange.
  • M1 and M2‑STGPD Industrial zoning.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gig Harbor Boat ... Factory Axle Transmission-Washington Auto Repair Shop C & G MARBLE ... General Contractor Ballew's Hitch Truck ... Car Dealership

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Flex space in Tacoma, WA

$180 Jul
$149 Aug
$188 Sep
$183 Oct

Properties on Market for Flex space in Tacoma

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Dombrowski Catering — 3544 S Wilkeson St, Tacoma, WA 98418
  • Mai's Catering — 3402 s g st, tacoma, wa 98418

Frequently Asked Questions

What type of property is this?
Flex space - Light industrial/flex warehouse with owner-user space, superb location.
Where is this flex space located?
The property is located at 2940 M St Tacoma, WA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: First time on market.; Proximity to Interstate 5 and Hwy 16 interchange.; M1 and M2‑STGPD Industrial zoning.
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Includes: Price & PSF · Cap rate · Location · Zoning

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