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Financial
Distress signals
Property profile

2914 S Alder St Tacoma, WA 98409

FOR SALE
Medical Office Space
Property ID
US90-0919512
6,243 SF 0.57 ac lot Built 1997
Last sale Aug 2019 · $1,500,000
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.
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2914 S Alder St, Tacoma, WA 98409 For Sale
Contact for pricing 6,243 SF
2914 S Alder St, Tacoma, WA 98409
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Property summary

AI-generated overview

A three-story office building configured for flexible specialty healthcare use, including medical, dental, wellness, and other specialty practices. The interior is finished with modern professional finishes and is arranged to support either single-tenant occupancy or multi-tenant use by floor; each level includes a private entrance to facilitate separate access. The building does not have a currently installed elevator, but it includes an elevator shaft to allow for future elevator…

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.

Debts

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?
$17k
Tax billed · 2024
Assessed value$1.51M
Assessed land$455k
Assessed improvement$1.06M
Effective rate1.11%

Value estimate

· Oct 2026
$1.03M
$923k – $1.13M
CAP approach$1.38M
Submarket $/SF estimate$719k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon9.5
Pawn Shop9.5
Carpet & Flooring Store9.3

Location

2914 S Alder St Tacoma, WA 98409
County assessor Recorded deeds · 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4545 Un, Tacoma, WA 98409-4532 $765,000 Oct 2023 6,487 SF
5608 Durango, Tacoma, WA 98409-2621 $1,539,432 Jun 2023 7,164 SF
111 Stewart, Tacoma, WA 98409 $465,000 Oct 2020 3,800 SF
3730 Pne, Tacoma, WA 98409-5707 $1,225,000 Dec 2019 4,800 SF
3322 Un, Tacoma, WA 98409-3138 $400,000 Jul 2019 2,694 SF
4042 Pne, Tacoma, WA 98409-5612 $745,000 Mar 2019 2,090 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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