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Property profile & analytics
OFF-MARKET
Land

0 Tower Rd Denver, CO 80249

Property ID
Property summary
AI-generated overview

This exceptional three-story retail building, boasting 11,882 square feet of space, presents a unique investment opportunity in the heart of Downtown Tacoma. Constructed in 1909, the property retains its original historical charm, evidenced by its beautiful brick façade situated on Pacific Avenue. The building's multiple tenancy structure offers diverse income streams and potential for future growth. Situated on a 5,663 square foot lot, the property benefits from its strategic location within the Tacoma Central Business District (CBD), providing easy access to major freeways and the convenient light rail system, ensuring high visibility and accessibility for both tenants and customers. The zoning designation is DCC HIST, reflecting its historical significance and potential for preservation-minded development. The Pierce County property, identified by APN 9008180020, offers a blend of historical character and modern convenience, making it an ideal investment for those seeking a strong foothold in a thriving urban market. The building's solid construction and prime location promise a stable and potentially appreciating asset. This is a rare opportunity to acquire a piece of Tacoma's rich history while capitalizing on the city's ongoing revitalization and growth. The building's multiple tenants provide a diversified income stream, minimizing risk and maximizing return on investment. The property's central location ensures high foot traffic and visibility, attracting a wide range of potential customers.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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