Mixed-Use Building in Tacoma,
902 10th Street Tacoma, WA 98405
902 10th Street, Tacoma, WA, 98405
$1,650,000
Pending
For Sale
$1,650,000
Pending
7,552 SF mixed-use building on 0.22 AC for sale.
Property Size7,552 SF
Lot Size0.22 Acres
Days on Market188
Property Features for 902 10th Street
General Information
- Standard status
- Pending
- Size
- 7,552 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing Agency
NWC - KV LLC
(253) 779-8400
Listed by
BRIANA HICKEY
Source
Corcoran
Added: Jan 14 Updated: Jul 6 at 9:59 am Checked: Jul 20 at 3:58 am
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 NWC - KV LLC
Investment Insights
Based on property information with market context.
The property is a 7,552 square foot mixed-use building situated on a 0.22-acre (9,750 SF) lot. Constructed in 1972 with additions in 1995, the property is zoned NCX - Neighborhood Commercial Mixed Use. It features abundant parking. Additional parking and parcels may be available; details can be obtained from the broker.
Key Highlights
- Abundant parking
- NCX - neighborhood commercial mixed use zoning
- Building size: 7,552 square feet
Local 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 | $203.9k | $27.00 |
| − Vacancy | −$40.8k | −$5.40 |
| EGI | $163.1k | $21.60 |
| − OpEx | −$40.8k | −$5.40 |
| NOI | $122.3k | $16.20 |
7,552 SF · lease $27.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,342 @ 7.0% cap · market cap 7.41%
Second Best
Mixed Use
$1.49M
$1.30M – $1.74M
NOI $104,218 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,489 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Corey Barbara
Law Firm
Beverly Grant Law ...
Law Firm
Sync Garage Door ...
General Contractor
Hendry Law
Law Firm
Burns Dennis
Law Firm
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FAQs
What type of property is this?
Mixed-use property - 7,552 SF mixed-use building on 0.22 AC for sale.
Where is this mixed-use property located?
The property is located at 902 10th Street Tacoma, WA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Abundant parking; NCX - neighborhood commercial mixed use zoning; Building size: **7,552 square feet**
