Property profile

2522 38th St Tacoma, WA 98409

OFF-MARKET
Strip malls
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Property ID
US90-0857625
9,856 SF 0.51 ac Built 1982
Last sale Jun 2021·$3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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. 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?
$28k
Tax billed · 2024
Assessed value$2.53M
Assessed land$817k
Assessed improvement$1.71M
Effective rate1.11%

Value estimate

· Nov 2026
$2.86M
$2.57M – $3.15M
AI approach$2.96M
CAP approach$2.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$424/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$223 – $702

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

What can be built here?
UCX
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility11.4
Parking Facility11.1
Carpet & Flooring Store10.8

Location

2522 38th St Tacoma, WA 98409-7306
County assessor Recorded deeds · 9 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4020 Steele, Tacoma, WA 98409-7351 $3,500,000 Dec 2025 12,960 SF
5037 Tacoma Mall, Lakewood, WA 98409 $13,422,950 Jan 2024 7,500 SF
4301 Steele, Tacoma, WA 98409-7222 $6,912,500 Feb 2022 8,234 SF
2528 38th, Tacoma, WA 98409-7348 $2,450,000 Aug 2021 9,200 SF
3680 Cedar, Tacoma, WA 98409-5728 $10,822,395 Jul 2021 9,000 SF
7002 Tacoma Mall, Lakewood, WA 98409-6623 $2,250,000 Dec 2020 11,968 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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