Financial
Distress signals
Property profile

720 Pacific Ave Tacoma, WA 98402

OFF-MARKET
Office Spaces
Property ID
US90-0882638
5,000 SF 0.06 ac lot Built 1918
Last sale Aug 2024 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 720 Pacific Ave, Tacoma, WA 98402 retail space presents a fantastic opportunity for a restaurant. Located in Pierce County, this single-tenant property boasts a highly desirable location directly across the street from The Matador and adjacent to Wooden City Tacoma, ensuring high visibility and foot traffic. The property is classified as a retail space, specifically suited for restaurant use. Its strategic position within a vibrant commercial area promises significant

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?
$10k
Tax billed · 2024
Assessed value$867k
Assessed land$285k
Assessed improvement$582k
Effective rate1.11%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$375k

Realmo valuation models over county records and 7 qualifying comparable sales.

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
Qualifying comparables7

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop11.3
Auto Parts Store10.0
Pet Grooming Service8.4

Location

720 Pacific Ave Tacoma, WA 98402-5208
County assessor Recorded deeds · 2 transfers 7 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
935 Fawcett, Tacoma, WA 98402-5605 $1,350,000 Nov 2024 4,500 SF
945 Fawcett, Tacoma, WA 98402-5612 $1,415,000 Feb 2024 6,978 SF
124 Tacoma S, Tacoma, WA 98402-2613 $3,125,000 Dec 2023 4,020 SF
1224 Tacoma S, Tacoma, WA 98402-2007 $2,555,000 Dec 2023 5,960 SF
1498 Pacific, Tacoma, WA 98402-4208 $6,900,000 Sep 2023 5,227 SF
715 Tacoma S, Tacoma, WA 98402-2206 $1,390,700 Jul 2023 6,832 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 720 Pacific Ave?
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