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Financial
Distress signals
Property profile

5950 9th St Tacoma, WA 98406

OFF-MARKET
Retail space
Property ID
US90-3344456
29,905 SF 1.76 ac lot Built 1991
Last sale Jul 2026 · $18,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail building totaling approximately 30,000 square feet, located in Pierce County near Tacoma, Washington, approximately 4 miles from downtown Tacoma. The site is positioned within an established commercial area and provides freeway visibility with signage. The building’s layout and design are configured to support retail and related commercial uses, and it is currently subject to an existing lease arrangement (historically used as a National Performance Warehouse retail…

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?
$37k
Tax billed · 2024
Assessed value$3.33M
Assessed land$1.51M
Assessed improvement$1.82M
Effective rate1.11%

Value estimate

· Oct 2026
$8.25M
$7.42M – $9.07M
AI approach$8.23M
CAP approach$5.54M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables3

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?
C2
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger mark...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.5
Wholesale Shop33.0
Realty agency29.3

Location

5950 9th St Tacoma, WA 98406-2036
County assessor Recorded deeds · 15 transfers 3 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5915 6th, Tacoma, WA 98406-2015 $47,350,000 Feb 2025 36,081 SF
6802 6th, Tacoma, WA 98406-1704 $254,719 Dec 2024 9,753 SF
5942 6th, Tacoma, WA 98406-2016 $1,800,000 Sep 2024 4,800 SF
2407 6th, Tacoma, WA 98406-7703 $1,075,000 Sep 2023 4,894 SF
3907 6th, Tacoma, WA 98406-4937 $1,100,000 May 2023 4,403 SF
2401 Pearl, Tacoma, WA 98406-2545 $4,266,000 Jun 2021 43,507 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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