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    3001 Center St Tacoma, WA 98409

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    For Sale
    $3,500,000

    Corner property with highway exposure, development potential, and income.

    Property size:
    72,310 SF

    Property Features for 3001 Center St

    General Information

    Standard status
    Active
    Size
    72,310 SF

    Building Details

    Year built
    2014

    Source: RE/MAX EXTRA, INC. Agent DON GOETHALS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Land with Exposure

    Located at the corner of Pine and Center, this property offers significant exposure bordering Highway 16. The site includes two additional parcels, 0320074063 and 0320074064, totaling 1.66 acres. Zoned M1 and M2, the property provides flexibility for various development options. City sewer and water services are available. The zoning allows for options including high-rise construction. The property features views of Mount Rainier. A multi-unit building currently on the property is rented out, providing income during the development phase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4740278
    Latitude
    47.234154

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    FAQs

    What type of property is this?
    Commercial land - Corner property with highway exposure, development potential, and income.
    Where is this commercial land located?
    The property is located at 3001 Center St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 1.66 acres of land zoned M1 and M2 offering great flexibility.; - City sewer and water access.; - Located on the corner of Pine and Center, bordering Highway 16 for great exposure.
    Request Owner's contact information
    3001 Center St Tacoma, WA 98409
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    Realmo Value Estimation

    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.

    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.

    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
    3001 Center St Tacoma, WA 98409
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