6407 20Th StFife, WA 98424

  • Industrial properties
  • 15,600 SF
For Sale
$4,315,000 View listing

Property Details for 6407 20Th St

Year built
1989
Construction
STEEL FRAME
Lot size
0.69 AC
Property size (Sq ft)
15,600 SF
Zone code
COMMUNITY
Property type
Industrial properties
Property subtype
Other warehouses
APN
420071026
APU
420071026

Description

This exceptional Fife warehouse, totaling 18,250 square feet, presents a unique lease opportunity. Situated on 1.24 acres of land, this single-tenant property boasts prime I-5 visibility, offering significant exposure for your business. The warehouse features three grade-level doors, convenient floor drains, and ample parking, enhancing operational efficiency. A substantial shop area with a generous yard is also included, providing additional storage and workspace. Currently, 1,850 square feet are vacant, presenting a chance to customize the space to your specific needs. The property is zoned CMU (Commercial Mixed Use) by the City of Fife, requiring a retail component as part of the lease agreement. This is a rare find, offering a blend of industrial functionality and high-visibility location. Annual property taxes are $18,363. The property is also available for sale. Detailed information, including zoning specifics and further details, can be found in the marketing brochure. Don't miss this chance to secure a strategic location for your business.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,831,878
    Hospitality
    $4,425,974
    Educational
    $3,682,358
    Medical
    $3,809,000
    Retail
    $5,728,113
6407 20Th St, Fife, Washington
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Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2395
Longitude
-122.344
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,179
$609,500
$776,900
$1,386,400
-
$609,500
$776,900
$1,386,400

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