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    2128 Pacific Ave Tacoma, WA 98402

    Sponsored
    For Sale
    $4,499,000

    Prime Tacoma warehouse, 36,000 SF, three stories.

    Property size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 2128-2134 Pacific Avenue in Tacoma, Washington, presents a compelling investment opportunity. The property consists of two connected buildings totaling 36,000 square feet, offering a versatile space ideal for distribution or warehousing operations. The building features three stories, with floor plates ranging from 6,000 to 12,000 square feet. Ceiling heights vary from 12 to 17 feet, providing ample vertical space for storage and operations. The property benefits from a mix of grade-level and dock-high loading doors, ensuring efficient access to all floors. Its strategic location in downtown Tacoma offers significant advantages. The property is situated adjacent to the University of Washington Tacoma campus and the Brewery Blocks, providing proximity to a vibrant urban environment and a diverse workforce. Furthermore, its convenient access to major freeways ensures seamless transportation and logistics. The property is zoned WR HIST (Warehouse/Residential & Historical), reflecting its potential for a variety of uses. This prime location offers easy access to a wide array of amenities, making it an attractive option for businesses seeking a well-connected and dynamic location. The asking price for this exceptional property is $4,499,000. This represents a significant opportunity to acquire a substantial industrial property in a thriving urban center.

    Property Features for 2128 Pacific Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    36,000 SF

    Building Details

    Stories
    3

    HighLights

    • 36,000 SF industrial property in Tacoma, WA.
    • Two connected buildings with versatile space for distribution or warehousing.
    • Three‑story building with floor plates ranging from 6,000 to 12,000 SF.
    • Ceiling heights from 12 to 17 feet, offering ample storage.
    • Grade‑level and dock‑high loading doors for efficient access.
    • Prime downtown Tacoma location near UW Tacoma and Brewery Blocks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Law Firm 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
    -122.4364564
    Latitude
    47.2418615

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    FAQs

    What type of property is this?
    Distribution property - Prime Tacoma warehouse, 36,000 SF, three stories.
    Where is this distribution property located?
    The property is located at 2128 Pacific Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $4,499,000.
    What are key features of this property?
    This property features: 36,000 SF industrial property in Tacoma, WA.; Two connected buildings with versatile space for distribution or warehousing.; Three-story building with floor plates ranging from 6,000 to 12,000 SF.
    Request Owner's contact information
    2128 Pacific Ave Tacoma, WA 98402
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    Tacoma, WA 98402
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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
    2128 Pacific Ave Tacoma, WA 98402
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