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    Industrial Property with Secured Yard Title is generated by Realmo AI

    4520 S Adams St, Tacoma, WA

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    26,068 SF industrial space with secured outdoor yard.

    Type:INDUSTRIAL
    Property size:
    26,068 SF
    Lot size:
    0.86 Acres
    Price / SF:
    $195/SF
    Added:
    Nov 24, 2025
    Days on Market:
    226
    Last Refresh:
    May 20 at 9:08 pm

    Property Features for 4520 S Adams St

    General Information

    Standard status
    Active
    Size
    26,068 SF
    Lot size
    0.86 Acres
    Property subtype
    INDUSTRIAL

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    Jeremiah Durr
    Jeremiah Durr

    Listing office First Western Properties - Tacoma, Inc.

    Listing date Nov 24, 2025

    Source Moodyscre

    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.

    HighLights

    • Strategically located with easy access to major transportation routes
    • Secured outdoor yard for additional storage
    • Heavy Industrial (M2) zoning
    • 2 Dock‑High Doors and 2 Covered Dock‑High Doors
    • Multiple service electrical – 800 amps & ~200 amps
    • Fully Sprinklered for enhanced fire protection

    Overview

    This industrial property offers 26,068 square feet of space, including approximately 1,275 square feet of office area. The property is zoned for Heavy Industrial (M2) use. Loading and accessibility features include two dock-high doors, two covered dock-high doors, and two grade-level doors with ramps. The facility is fully sprinklered for fire protection and has multiple service electrical capabilities, including approximately 800 amps and 200 amps. A secured outdoor yard provides additional space for storage, staging, or fleet parking. The property is strategically located with easy access to major transportation routes, making it suitable for logistics, warehousing, manufacturing, or distribution businesses.

    Local Financial Insights For Warehouse

    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 $434.8k $16.68
    − Vacancy −$36.1k −$1.38
    EGI $398.7k $15.30
    − OpEx −$59.8k −$2.29
    NOI $338.9k $13.00
    26,068 SF · lease $16.68/SF/yr · vacancy 8.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.84M
    $4.24M – $5.65M (±1% cap)
    NOI $338,916 @ 7.0% cap · market cap 6.65%
    Second Best
    Industrial
    $3.99M
    $3.49M – $4.65M (±1% cap)
    NOI $279,107 @ 7.0% cap · market cap 5.47%
    Theoretical Best
    Office A
    $8.01M
    $7.01M – $9.35M (±1% cap)
    NOI $560,879 @ 7.0% cap · market cap 11.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Pharmacy Hotel & Motel Storage Facility Acupuncture Pet Grooming Service Butcher Wine and Liquor Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

    Similar Places Nearby

    • Prime Storage — 3608 s 74th st, tacoma, wa 98409
    • Maxi-Space — 3608 s 74th st, tacoma, wa 98409
    • Relocation and Storage Services — 5640 S Durango St, Tacoma, WA 98409
    • Prime Storage — 3608 S 74th St #15, Tacoma, WA 98409
    • Extra Space Storage — 7880 S Tacoma Way, Tacoma, WA 98409

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.486
    Latitude
    47.2158

    FAQs

    What type of property is this?
    Warehouse - 26,068 SF industrial space with secured outdoor yard.
    Where is this warehouse located?
    The property is located at 4520 S Adams St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: Strategically located with easy access to major transportation routes; Secured outdoor yard for additional storage; Heavy Industrial (M2) zoning
    (253) 471-5506 Call to check price and availability
    More about this property
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