Property profile

2201 S 19Th St Tacoma, WA 98405

FOR LEASE
Medical Office Space
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Property ID
US90-0314529
20,282 SF 1.25 ac Built 1991
Last sale Feb 2019·$3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This commercial space covers 280 square feet and is configured for office or retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$41k
Tax billed · 2024
Assessed value$3.69M
Assessed land$972k
Assessed improvement$2.72M
Effective rate1.11%

Value estimate

· Nov 2026
$2.66M
$2.39M – $2.92M
NOI build-up
Gross scheduled income$158k
Vacancy & credit loss−$32k
Operating expenses−$32k
NOI · 14,604,923.08% cap applied$95k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$245/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$135 – $347

Cap rate analysis

How does the asset earn?
14,604,923.08%
$95k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
T
T: Transitional District The Transitional District is intended to serve as a transition between commercial or industrial areas and reside...
General categoryCIVIC_INSTITUTIONAL
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 Firm17.8
Accounting Firm11.4
Pawn Shop10.8

Location

2201 S 19Th St Tacoma, WA 98405
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3402 18th, Tacoma, WA 98405-1903 $2,270,000 Jun 2023 6,504 SF
1802 Un, Tacoma, WA 98405-1947 $2,325,000 Jan 2023 7,756 SF
3602 19th, Tacoma, WA 98405-1919 $11,025,000 Jul 2020 21,853 SF
1530 Un, Tacoma, WA 98405-1954 $3,654,719 May 2020 20,460 SF
3601 17th, Tacoma, WA 98405 $5,600,000 Jul 2019 15,904 SF
2420 Un, Tacoma, WA 98405-1322 $7,720,000 Jun 2019 29,634 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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