Financial
Distress signals
Property profile

2015 96Th St S Tacoma, WA 98444

FOR LEASE
Strip malls
Property ID
US90-0906366
5,232 SF 1.05 ac lot Built 1985
Last sale Sep 2022 · $1,180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a 1,125-square-foot commercial space configured for retail or office use, located at the intersection of 96th Street and Steele Street in Tacoma in a high-traffic area. The interior layout includes an open floor plan, and the space is positioned for street-level visibility. It features ample on-site parking. The space was previously used as a hair design and beauty supply store and is suited for a range of retail or service uses.

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?
$13k
Tax billed · 2024
Assessed value$1.31M
Assessed land$1.21M
Assessed improvement$103k
Effective rate1.02%

Value estimate

· Sep 2026
$1.17M
$1.05M – $1.29M
AI approach$1.13M
CAP approach$1.16M
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 88,663.16% cap applied$17k

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?
88,663.16%
$17k 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?
C1
C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, an...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.5
Dental Office23.6
Law Firm22.5

Location

2015 96Th St S Tacoma, WA 98444
County assessor Recorded deeds · 4 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11457 Pacific S, Tacoma, WA 98444-5541 $2,330,000 Aug 2023 10,200 SF
11401 Steele S, Tacoma, WA 98444-1436 $2,895,000 Feb 2022 9,773 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message