Contractor Yard with
8111 Pacific Highway East Tacoma, WA 98422
For Sale
Contact for pricing
Remodeled contractor yard property includes 3,920 SF of office space and an additional 1,120 SF shop/parts warehouse.
Property Size5,040 SF
Price / SF$287.70
Days on Market130
Property Features for 8111 Pacific Highway East
General Information
Standard status
Active
Size
5,040 SF
Property subtype
INDUSTRIAL
Listing Agency:
Kidder Mathews
(253) 722-1456
Listed By:
Cory Naber
(253) 722-1456
Source:
Moodyscre
Added: Mar 23
Changed: Jul 28
Last Checked: Jul 29 at 12:19PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
The property is a contractor yard with two remodeled office buildings totaling 3,920 SF, offering two restrooms, a conference room, and private offices in each building. In addition, there is a 1,120 SF shop/parts warehouse located at the back of the property, along with ample parking for vehicles and yard area for operational use.
The site is positioned with access to I-5 and Hwy 167, and it is described as close to the new Hwy 167 extension into the Port of Tacoma. It also has visibility on Pacific Highway.
Zoned “Business,” the listed allowed uses include Professional Office, child care, fueling station, outdoor sales, Drive-through, and Food/Drink Establishments.
The site is positioned with access to I-5 and Hwy 167, and it is described as close to the new Hwy 167 extension into the Port of Tacoma. It also has visibility on Pacific Highway.
Zoned “Business,” the listed allowed uses include Professional Office, child care, fueling station, outdoor sales, Drive-through, and Food/Drink Establishments.
Key Highlights
- Contractor yard property with 3,920 SF of office space across two remodeled buildings
- Each office building includes two restrooms, a conference room, and private offices
- Includes 1,120 SF shop/parts warehouse at the back of the property
Financial Insights For Office B
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 | $136.1k | $27.00 |
| − Vacancy | −$27.2k | −$5.40 |
| EGI | $108.9k | $21.60 |
| − OpEx | −$27.2k | −$5.40 |
| NOI | $81.6k | $16.20 |
5,040 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,648 @ 7.0% cap · market cap 5.63%
Second Best
Warehouse
$936.1K
$819.1K – $1.09M
NOI $65,526 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,441 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- The Frying Dutchman Commercial Kitchen — 1203 Porter Wy, Milton, WA 98354
Frequently Asked Questions
What type of property is this?
Flex space - Remodeled contractor yard property includes 3,920 SF of office space and an additional 1,120 SF shop/parts warehouse.
Where is this flex space located?
The property is located at 8111 Pacific Highway East Tacoma, WA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Contractor yard property with 3,920 SF of office space across two remodeled buildings; Each office building includes two restrooms, a conference room, and private offices; Includes 1,120 SF shop/parts warehouse at the back of the property
