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    10324 Portland Ave Tacoma, WA 98445

    Sponsored
    For Sale
    $2,885,000

    13,680 SF Warehouse, 1-Acre Lot, $2.885M

    Property size:
    13,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 10324 Portland Ave E in Tacoma, WA, presents a unique investment opportunity. The 1.01-acre lot encompasses a substantial 13,680 square-foot warehouse facility, perfectly suited for a variety of uses. The main building boasts 7,444 square feet, featuring 7,000 square feet of two-story office space and a 2,940 square-foot shop/warehouse area. Additional structures include a 2,400 square-foot canopy and two 600 square-foot Quonset hut buildings. The property benefits from a fully secured and lit yard, enhanced by high-tech security systems, making it ideal for contractors, engineering firms, or any business requiring ample yard space. Its strategic location offers convenient access to major transportation arteries, including Highway 512, I-5, Highway 167, and the Portland Ave off-ramp, placing it within a quarter-mile of freeway access. The Port of Tacoma is a mere six miles away, along Portland Avenue. This property is zoned CE-Community Employment and is offered at $2,885,000. The total building area is 8,640 square feet. This is a rare opportunity to acquire a well-located, versatile industrial property with significant yard space in a thriving area.

    Property Features for 10324 Portland Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    13,680 SF
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre lot with 44,095 square feet of total site area.
    • 8,640 square feet of total building area.
    • Main building: 7,444 square feet, including 7,000 square feet of two‑story office space and a 2,940 square‑foot shop/warehouse.
    • 2,400 square‑foot canopy.
    • Two 600 square‑foot Quonset hut buildings (1,200 square feet total).
    • Secured, fenced, fully lit yard with high‑tech security systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4058511
    Latitude
    47.1625779

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    FAQs

    What type of property is this?
    Distribution property - 13,680 SF Warehouse, 1-Acre Lot, $2.885M
    Where is this distribution property located?
    The property is located at 10324 Portland Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $2,885,000.
    What are key features of this property?
    This property features: 1.01-acre lot with 44,095 square feet of total site area.; 8,640 square feet of total building area.; Main building: 7,444 square feet, including 7,000 square feet of two-story office space and a 2,940 square-foot shop/warehouse.
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    10324 Portland Ave Tacoma, WA 98445
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    Tacoma, WA 98445
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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
    10324 Portland Ave Tacoma, WA 98445
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