Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    S & C St Tacoma, WA 98444
    Back to Search
    Property profile & analytics

    S & C St Tacoma, WA 98444

    View on Map
    • Retail properties & Spaces
    • 3,245 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 S & C St

    Property size
    3,245 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional Tacoma commercial property, located at the intersection of Garfield Street S and C Street S in the 98444 zip code, offers a unique investment opportunity. The building, totaling 3,245 square feet, features a mix of retail, office, and restaurant spaces, currently configured as a three-tenant retail asset. Two executive office suites are immediately available, ranging from 700 to 960 contiguous square feet, with a total of 1,660 square feet currently vacant. The existing tenants, a restaurant, barber shop, and esthetician, have demonstrated strong occupancy and consistent operation since signing leases in early 2020, even throughout the COVID-19 pandemic, indicating a stable and low-maintenance cash flow. The property benefits from ample parking located behind the building, providing convenient access for tenants and customers. This location offers excellent visibility, situated directly across Garfield Street S from the Garfield Center Building, ensuring high foot traffic and exposure. The property is classified as a multi-tenant building within Pierce County, Washington, and presents a compelling opportunity for businesses seeking a well-established and thriving commercial space in a desirable Tacoma location. The minimum divisible space is 700 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.45
    Latitude
    47.1462

    Comparable in this City

    • Value Estimation by Request
      89,002 SF

      14918 Pacific Ave

      Individual retail properties • 89,002 SF
      14918 Pacific Ave, Tacoma, WA 98444
      View Details
    • Value Estimation
      $720,000
      4,442 SF

      10716 A S St

      OFFICE (GENERAL) • 4,442 SF
      10716 A S St, Tacoma, WA 98444-6003
      View Details
    • Value Estimation by Request
      1,980 SF

      406 108th S St

      OFFICE (GENERAL) • 1,980 SF
      406 108th S St, Tacoma, WA 98444-5708
      View Details
    • Value Estimation by Request
      1,040 SF

      134 116th S St

      OFFICE (GENERAL) • 1,040 SF
      134 116th S St, Tacoma, WA 98444-5402
      View Details
    • Value Estimation by Request
      0.96 Acres

      10524 A S St, Unit 1

      OFFICE (GENERAL) • 0.96 Acres
      10524 A S St, Tacoma, WA 98444-6020
      View Details
    • Value Estimation by Request
      1,532 SF

      11601 Pacific S Ave

      OFFICE (GENERAL) • 1,532 SF
      11601 Pacific S Ave, Tacoma, WA 98444-5425
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land with Redevelopment Potential

      Former restaurant site suitable for retail, office, or residential development.
      9825 Pacific Ave S, Tacoma, WA 98444
      View Details
    • $1,550,000
      62,291 SF

      Commercial Land For Sale

      Former restaurant site suitable for retail, office, or residential development.
      9825 Pacific Ave, Tacoma, WA 98444
      View Details
    • $600,000

      Stand-Alone Mixed-Use Building For Sale

      3,748 SF mixed-use building with rental and apartment space.
      14416 Pacific Ave S, Tacoma, WA 98444
      View Details
    • Contact for pricing
      5,938 SF

      Income-Producing Office Complex For Sale

      Turn-key investment opportunity with stable cash flow and freeway connectivity.
      12202 Pacific Ave S, Tacoma, WA 98444
      View Details
    • Contact for pricing
      5,938 SF

      Tacoma Office or Retail Space

      Open-concept space on Pacific Ave, ideal for diverse businesses.
      12202 Pacific Ave S, Tacoma, WA 98444
      View Details
    • $727,950

      Office Space with Garages

      Office space with garages in high-traffic Tacoma/Parkland area.
      209 125Th St S, Tacoma, WA 98444
      View Details

    Similar Nearby for Lease

    • $3,100 /Mo
      1,550 SF

      End Cap Retail/Office Space

      End cap retail/office space in North Shops building.
      15617 Pacific Ave S, Tacoma, WA 98444
      View Details
    • Contact for pricing

      Mixed-Use Property on Spanaway Loop

      2.36 acre mixed-use property with office and garage.
      12160 Spanaway Loop Rd S, Tacoma, WA 98444
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces in high-traffic location near university.
      S & C St S, Tacoma, WA 98444
      View Details
    • New
      Contact for pricing
      1,060 SF

      Remodeled Commercial Space on Pacific

      2,000 SF commercial space with offices and showroom.
      15005 Pacific Ave S, Tacoma, WA 98444
      View Details
    • Contact for pricing
      2,107 SF

      Former Tanning Salon Retail Space

      Retail space suitable for medical or other businesses.
      208-212 Garfield St S, Tacoma, WA 98444
      View Details
    • $1,781 /Mo
      1,125 SF

      Retail/Office Space in High-Traffic Area

      1,125 SF retail or office space in Tacoma for rent.
      2015 96Th St S, Tacoma, WA 98444
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    S & C St
    Tacoma, WA 98444
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    S & C St, Tacoma, WA, 98444
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!