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    Industrial Parcel with M2 Zoning Title is generated by Realmo AI

    6035 S Adams St, Tacoma, WA 98409

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    Claim this Listing
    New
    For Sale
    $2,475,000

    Industrial parcel in Tacoma’s corridor with M2 zoning and convenient access to I-5 and the Port of Tacoma.

    Type:industrial
    Property size:
    9,910 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $249/SF
    Added:
    Jun 22, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 24 at 5:34 am

    Property Features for 6035 S Adams St

    General Information

    Standard status
    Active
    Size
    9,910 SF
    Lot size
    0.14 Acres
    Property subtype
    industrial

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    Listing Contact
    Alec Goodwin
    Alec Goodwin

    Listing agent Alec Goodwin License #24008304

    Listing office Bellevue

    Listing date Jun 22, 2026

    Source Property.jll

    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 Bellevue

    HighLights

    • Commercial parcel at 6035 S Adams Street with M2 zoning for a broad range of industrial and commercial uses
    • Lot size approximately 0.14 acres (APN/Parcel ID 327000‑0020; part of Cowans subdivision, lots 1‑4, block 7)
    • Flood zone classifications B and X
    • Located in Tacoma’s industrial corridor with quick access to I‑5
    • About 7 miles from the Port of Tacoma and 25.7 miles from Seattle‑Tacoma International Airport

    Overview

    The property is a commercial parcel totaling approximately 0.14 acres, recorded under APN/Parcel ID 327000-0020 and described as part of Cowans subdivision, lots 1 through 4, block 7. The site is classified in flood zones B and X. The offering is for a parcel suitable for industrial and commercial development, with the property area listed at 9,910 square feet.

    Located in the University Place submarket within the Seattle/Puget Sound region, the parcel sits in Tacoma’s established industrial corridor. Regional transportation access supports logistics and industrial activity, including quick access to I-5. The Port of Tacoma is approximately 7 miles away, and Seattle-Tacoma International Airport is approximately 25.7 miles from the site.

    Zoned M2, the property supports a broad range of industrial and commercial uses. This combination of industrial zoning and practical regional access can make the parcel a fit for operators seeking a site in an active South Puget Sound logistics and industrial setting.

    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 $165.3k $16.68
    − Vacancy −$13.7k −$1.38
    EGI $151.6k $15.30
    − OpEx −$22.7k −$2.29
    NOI $128.8k $13.00
    9,910 SF · lease $16.68/SF/yr · vacancy 8.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $128,842 @ 7.0% cap · market cap 5.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.05M
    $2.67M – $3.55M (±1% cap)
    NOI $213,224 @ 7.0% cap · market cap 8.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Rainbow Restoration of Tacoma ... Hardware & Home Improvement

    Suggested Use

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

    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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.486215
    Latitude
    47.2016173

    FAQs

    What type of property is this?
    Warehouse - Industrial parcel in Tacoma’s corridor with M2 zoning and convenient access to I-5 and the Port of Tacoma.
    Where is this warehouse located?
    The property is located at 6035 S Adams St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: Commercial parcel at 6035 S Adams Street with M2 zoning for a broad range of industrial and commercial uses; Lot size approximately 0.14 acres (APN/Parcel ID 327000‑0020; part of Cowans subdivision, lots 1‑4, block 7); Flood zone classifications B and X
    More about this property
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