Property profile

124 I St Tacoma, WA 98403

OFF-MARKET
Office Spaces
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Property ID
US90-1162602
4,740 SF 0.11 ac Built 1909
Last sale Oct 2023·$2,635,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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?
$27k
Tax billed · 2024
Assessed value$2.44M
Assessed land$272k
Assessed improvement$2.17M
Effective rate1.11%

Value estimate

· Nov 2026
$2.89M
$2.60M – $3.18M
AI approach$2.77M
Submarket $/SF estimate$2.53M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$171 – $617
Qualifying comparables6

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?
NCX
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a le...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.1
Furniture Store9.0
Bike Shop7.9

Location

124 I St Tacoma, WA 98403-1936
County assessor Recorded deeds · 2 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
917 2nd, Tacoma, WA 98403-3909 $600,000 Apr 2025 2,424 SF
316 L, Tacoma, WA 98403-1626 $1,100,000 Dec 2023 6,391 SF
2201 30th, Tacoma, WA 98403-3361 $1,617,500 Jun 2021 2,824 SF
2209 30th, Tacoma, WA 98403-3352 $900,000 Jun 2020 3,416 SF
223 Yakima, Tacoma, WA 98403-2230 $85,000 Dec 2019 3,707 SF
1019 Division, Tacoma, WA 98403-1633 $940,000 Apr 2019 2,280 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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