5902 Yakima Ave, Tacoma, WA 98408
2,850 SF commercial building on a 6,840 SF lot.
- Added:
- Mar 16, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 16 at 11:03 am
Property Features for 5902 Yakima Ave
General Information
- Standard status
- Active
- Size
- 2,850 SF
- Lot size
- 0.16 Acres
Building Details
- Year Built
- 1925
Listing office HDN REAL ESTATE (425) 277-1500
Listing date Mar 16, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of HDN REAL ESTATE
HighLights
- 2,850SF Commercial Building on a 6,840SF Corner Lot
- Zoned TAC for Businesses and Retail
- Located Minutes from I‑5 and Hwy 7
- Rear Parking with Gate and Fully Fenced
- Includes Private Office and Storage Spaces
- Tankless Water Heater
Overview
Local Financial Insights For Retail
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 | $51.3k | $18.00 |
| − Vacancy | −$2.3k | −$0.81 |
| EGI | $49.0k | $17.19 |
| − OpEx | −$14.7k | −$5.16 |
| NOI | $34.3k | $12.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.4435754
- Latitude
- 47.2035015
