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    6220 Tacoma Way Tacoma, WA 98409

    Sponsored
    For Lease
    $6 SF/Yr

    Prime Tacoma warehouse, 13,000+ sqft available.

    Lot size:
    50,924 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 6220 South Tacoma Way in Tacoma, Washington, presents a unique investment opportunity. The property consists of a single, two-story building totaling 50,924 square feet, situated on a 1.573-acre lot. The building, constructed in 1926, is classified as Class C and is zoned City of Tacoma M-1 STGPD. Currently, the property features three suites, with a minimum divisible space of 13,000 square feet, making it ideal for a variety of uses. The property is well-suited for dry storage or light manufacturing needs. Its convenient location on South Tacoma Way, near the intersection of 62nd, provides excellent access to major transportation routes. The property's annual taxes are $0.58 per square foot. This versatile space offers significant potential for businesses seeking a well-located industrial facility in Pierce County, Washington, with the zip code 98409. The property's multiple suite configuration allows for flexibility in tenant occupancy. This is a rare opportunity to acquire a substantial industrial property in a thriving Tacoma location.

    Property Features for 6220 Tacoma Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,924 SF
    Class
    C
    Total Rate
    28008.2

    Building Details

    Year Built
    1926
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Basement Level
    Size
    13,000 SF
    Rate per SF
    $6
    Property Profile Location Intelligence

    Current Use by Public Records

    Genesis Automotive and RV ... Auto Repair Shop Benchmark Custom Cabinets Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -122.48470209
    Latitude
    47.20104431

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    FAQs

    What type of property is this?
    Distribution property - Prime Tacoma warehouse, 13,000+ sqft available.
    Where is this distribution property located?
    The property is located at 6220 Tacoma Way Tacoma, WA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    Request Owner's contact information
    6220 Tacoma Way Tacoma, WA 98409
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    Tacoma, WA 98409
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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
    6220 Tacoma Way Tacoma, WA 98409
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