8801 Tacoma Way, Tacoma, WA 98499
This exceptional 10,660 square foot commercial building, situated on a corner lot in Tacoma, WA (98499), presents a unique investment opportunity. The property, located at 8801 S Tacoma Way, boasts a prime location at a highly visible, well-lit intersection, surrounded by numerous restaurants, shops, and services. Built in 1970 and renovated in 1985, this two-story Class B building features a single tenant occupancy with 6,284 square feet of rentable space on the main floor and mezzanine. An added benefit is the inclusion of 4,376 square feet of basement storage, ideal for various business needs. The property's features include a drive-thru, a large working vault, and a prominent pylon sign, ensuring high visibility and accessibility. Ample parking is available for customers and employees. The zoning is C-2, and the APN is 0320313113. The building sits on a nearly one-acre corner lot, offering excellent exposure on busy South Tacoma Way. Convenient access to I-5 and WA-512 further enhances its strategic location. This property is perfect for a business seeking high visibility and ample space in a thriving Tacoma location. The building's unique features and prime location make it an attractive option for a variety of commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.