Financial
Distress signals
Property profile

223 115th S St Tacoma, WA 98444

OFF-MARKET
Office Spaces
Property ID
US90-2921049
7,008 SF 3.11 ac lot Built 1960
Last sale Feb 2017 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.05M
Assessed land$687k
Assessed improvement$366k
Effective rate1.52%

Value estimate

· Sep 2026
$565k
$509k – $622k
AI approach$485k
Submarket $/SF estimate$729k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$171 – $617
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.7
Realty agency23.6
Accounting Firm12.6

Location

223 115th S St Tacoma, WA 98444-5507
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
123rd 132nd S, Tacoma, WA 98444 $1,600,000 Aug 2024 2,981 SF
11509 Steele S, Tacoma, WA 98444-1426 $1,270,000 Dec 2021 3,659 SF
8717 Hosmer, Tacoma, WA 98444-1836 $600,000 Nov 2021 4,800 SF
12165 Pacific S, Tacoma, WA 98444-5124 $1,500,000 Jun 2021 6,812 SF
11507 Steele S, Tacoma, WA 98444-1427 $750,000 Jun 2020 3,456 SF
108 131st S, Tacoma, WA 98444 $690,000 Mar 2020 6,170 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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