936 Pacific AveTacoma, WA 98402

Property Details for 936 Pacific Ave

Year built

1974

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.03 AC

Property size (Sq ft)

7,500 SF

Zone code

DCC

Property type

Office properties

Property subtype

Other office properties

APN

2009040026

APU

2009040026

Description

This exceptional 6,800 square foot single-tenant executive office space is ideally situated at 936 Pacific Avenue in Tacoma, Washington, within the vibrant 98402 zip code. The property boasts impressive 22'-24' high ceilings, offering a spacious and modern feel. Classified as a Class B building, this ground floor space provides excellent visibility and accessibility with direct frontage on Pacific Avenue. The entire 6,800 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location in a thriving area of Pierce County. The property's retail and office zoning allows for a variety of uses, making it suitable for a range of businesses. Its single-tenant occupancy ensures privacy and control over the entire space. The strategic location in Tacoma, Washington offers easy access to major transportation routes and a diverse workforce. This is an exceptional opportunity to establish a strong presence in a high-traffic area with significant potential for growth. The property's size and features make it an ideal location for a company seeking to expand or establish a new headquarters. The high ceilings provide ample opportunity for creative design and layout. This is a rare opportunity to secure a significant commercial space in a desirable Tacoma location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,029,518

  6.5%

  $1,873,402

  7%

  $1,739,587

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,011,230

  Geo Method

  $1,444,350

• Alternative Use

  Use

  Valuation

  Residential

  $2,323,018

  Hospitality

  $2,127,872

  Educational

  $1,770,364

  Medical

  $1,831,250

  Retail

  $2,753,900

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2542

Longitude

-122.439

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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