Financial
Distress signals
Property profile

2601 Pearl St Tacoma, WA 98407

OFF-MARKET
Strip malls
Property ID
US90-2957687
5,118 SF 1.43 ac lot Built 2017
Last sale Mar 2025 · $37,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Westgate North, a single-story, 7,819 square foot retail shopping center in Tacoma, WA, presents a unique investment opportunity. The property, located at 2601 N Pearl St, 98407, is situated in the CBA North Tacoma submarket of Pierce County and boasts a prime location on Pearl Street (Highway 163), enjoying high visibility with over 23,000 cars passing daily. The entire 7,819 square feet is currently vacant, offering flexible space options ranging from a minimum of 1,602 square feet to a…

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?
$56k
Tax billed · 2024
Assessed value$5.01M
Assessed land$1.89M
Assessed improvement$3.12M
Effective rate1.11%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$424/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$223 – $702

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant47.4
Building Supply46.0
Wholesale Shop38.1

Location

2601 Pearl St Tacoma, WA 98407-2416
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2665th N Pearl, Tacoma, WA 98407 $37,000,000 Dec 2024 5,158 SF
2719 Pearl, Tacoma, WA 98407-2418 $37,000,000 Dec 2024 8,500 SF
3401 Proctor, Tacoma, WA 98407-5542 $1,500,000 Apr 2022 3,450 SF
5701 26th, Tacoma, WA 98407-2408 $38,019,486 Mar 2022 9,051 SF
2631st N Pearl, Tacoma, WA 98407 $38,019,486 Mar 2022 30,116 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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