3716 Pacific AveTacoma, WA 98418

Property Details for 3716 Pacific Ave

Year built

1984

Construction

WOOD FRAME

Lot size

0.69 AC

Property size (Sq ft)

10,835 SF

Zone code

T

Property type

Healthcare properties

Property subtype

Medical offices

APN

7470023461

APU

7470023461

Description

This 2,339 square foot medical office building in Tacoma, WA, offers two available suites ideal for medical practices. The building is conveniently located off 38th Street, providing easy access to State Route 7 and Interstate 5. Ample lighted parking is available in lots fronting Pacific Avenue and behind the building. Suite G, at 1,200 square feet, features an open floor plan with one office, a break area, a waiting room, a receptionist's office, and the potential for three exam rooms. Suite C, measuring 1,139 square feet, boasts a medical floor plan including two exam rooms, one room with plumbing stubbed out for a potential third exam room, a spacious waiting room, a receptionist's office with a medical window, a lab, one private office, a storage or copy area, and one ADA-compliant restroom. The building's entrance is conveniently located off the parking lot and faces busy Pacific Avenue. Both suites are ready for new flooring and paint, allowing for customization to suit individual needs. The address is 3716 Pacific Ave, Tacoma, WA 98418.

• CAP approach

  CAP return

  Valuation

  6%

  $2,931,978

  6.5%

  $2,706,441

  7%

  $2,513,124

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,905,556

  Geo Method

  $2,086,604

• Alternative Use

  Use

  Valuation

  Residential

  $3,355,987

  Hospitality

  $3,074,066

  Educational

  $2,557,587

  Medical

  $2,645,546

  Retail

  $3,978,468

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.2243

Longitude

-122.435

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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