Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secured Yard with Repair Shop Title is generated by Realmo AI

    300 Birch St, Milton, WA 98354

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    2.08 acre yard with truck stalls and service shop.

    Type:Commercial
    Property size:
    90,605 SF
    Lot size:
    2.08 Acres
    Added:
    May 20, 2026
    Days on Market:
    14
    Last Refresh:
    May 21 at 8:39 am

    Property Features for 300 Birch St

    General Information

    Standard status
    Active
    Size
    90,605 SF
    Lot size
    2.08 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1983

    We can help!

    Listing Contact
    DAVID DOUGLAS, SIOR, CCIM

    Listing agent DAVID DOUGLAS, SIOR, CCIM

    Listing office NAI PUGET SOUND PROPERTIES

    Listing date May 20, 2026

    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 NAI PUGET SOUND PROPERTIES

    HighLights

    • Close proximity to Port of Tacoma and I‑5
    • 2.08 Acre Yard (90,605 SF)
    • 10‑15 Truck Stalls for Lease
    • 3 Bay Service/Repair Shop with Lifts
    • Private, fenced, and secure parking
    • Industrial Zoning

    Overview

    This commercial property features a 2.08-acre yard, equivalent to 90,605 square feet, suitable for truck terminal or industrial use. The property includes 10 to 15 truck stalls available for lease, along with a 3-bay service and repair shop equipped with lifts. Office space is also available. The site is zoned for industrial use and offers private, fenced, and secure parking. Its location provides close proximity to the Port of Tacoma and I-5. The property will be available with 60 days notice. This property is located in Milton, WA.
    Location Intelligence

    Current Use by Public Records

    Viv Transportation Trucking Company Vits Computer Shop Computer & Electronic Repair

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Pierce
    State
    Washington
    Longitude
    -122.3330834
    Latitude
    47.2571808

    Nearby Similar for Lease

    • $3,503/Mo
      2,473 SF

      Unfinished Office Space Available

      Unfinished 2,473 SF office space ready for improvements.
      2748 Milton Way, Milton, WA 98354
      View Details
    • Contact for pricing

      Secured Truck Yard with Repair

      Fenced truck yard with repair shop near Port of Tacoma.
      300 Birch Street, Milton, WA 98354
      View Details
    • Contact for pricing
      6,900 SF

      6,900 SF Flex Space Available

      Flex space with office, yard, and multiple grade-level doors.
      301 Porter Way, Milton, WA 98354
      View Details
    • Contact for pricing

      Fenced Truck Yard with Shop

      2.08 acre fenced truck yard with repair shop.
      300 Birch Street, Milton, WA 98354
      View Details
    • $21 SF/Yr
      1,707 SF

      Corner Office Space Available

      Office suite featuring natural light and spacious work areas.
      2748 Milton Way, Milton, WA
      View Details
    • Contact for pricing
      333,448 SF

      Kent Valley Industrial New Construction

      New construction industrial space in close-in Kent Valley location.
      50 5th Ave, Milton, WA
      View Details
    • Contact for pricing
      127,798 SF

      Kent Valley New Construction Opportunity

      New industrial construction for rent near I-5 and Tacoma Port.
      70 5th Ave, Milton, WA
      View Details
    • Contact for pricing
      478,542 SF

      Kent Valley New Construction Opportunity

      New industrial construction for lease near I-5 and Tacoma Port.
      60 5th Ave, Milton, WA
      View Details
    • $3,051/Mo
      1,707 SF

      Corner Office Space Available

      Office suite with natural light and spacious work area.
      2748 Milton Way, Milton, WA 98354
      View Details
    • $17 SF/Yr

      Professional Office Spaces Available

      Quality office spaces for lease in well-maintained professional building.
      2748 Milton Way, Milton, WA 98354
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Neighborhood shopping center with national anchors and high visibility.
      816-900 Meridian Ave E, Milton, WA 98354
      View Details

    FAQs

    What type of property is this?
    Truck terminal - 2.08 acre yard with truck stalls and service shop.
    Where is this truck terminal located?
    The property is located at 300 Birch St Milton, WA.
    What are key features of this property?
    This property features: Close proximity to Port of Tacoma and I‑5; **2.08 Acre Yard (90,605 SF)**; 10‑15 Truck Stalls for Lease
    We can help!
    Listing Contact
    DAVID DOUGLAS, SIOR, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 Birch St, Milton, WA 98354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!