Financial
Distress signals
Property profile

1501 Market St Tacoma, WA 98402

OFF-MARKET
Office Spaces
Property ID
US90-1429690
128,350 SF 0.87 ac lot Built 1992
Last sale Sep 2023 · $27,271,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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. 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?
$11
Tax billed · 2024
Assessed value$19.71M
Assessed land$4.84M
Assessed improvement$14.87M
Effective rate0.00%

Value estimate

· Sep 2026
$27.93M
$25.13M – $30.72M
CAP approach$27.25M
Submarket $/SF estimate$34.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$164 – $758

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?
DCC
This district is intended to focus high rise office buildings and hotels, street level shops, theaters, and various public services into ...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.9
Smoke and Vape Shop13.0
Veterinary Clinic11.3

Location

1501 Market St Tacoma, WA 98402-3326
County assessor Recorded deeds · 1 transfer 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
1111 Pacific, Tacoma, WA 98402 $4,162,414 Apr 2025 36,000 SF
1132 Broadway, Tacoma, WA 98402-3503 $2,700,000 Mar 2025 27,000 SF
702 A, Tacoma, WA 98402 $2,311,330 Mar 2024 10,207 SF
945 Fawcett, Tacoma, WA 98402-5612 $1,415,000 Feb 2024 6,978 SF
621 Pacific, Tacoma, WA 98402-4600 $7,000,000 Aug 2023 29,402 SF
615 Commerce, Tacoma, WA 98402-4605 $650,000 Jun 2023 7,896 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?”
You own 1501 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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