Financial
Distress signals
Property profile

2212 Prt Of Tacoma Rd Tacoma, WA 98421

OFF-MARKET
Flex space
Property ID
US90-1318765
7,200 SF 0.66 ac lot Built 1964
Last sale Dec 2021 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located on Port of Tacoma Road and includes a combined 2,000 square feet of interior space, consisting of 1,200 square feet of office area and 800 square feet designated for warehouse or storage use. It also provides approximately 6,000 square feet of yard space, including a small covered yard area. The office suite includes four private offices and a private bathroom. There is a shared parking lot associated with the property. The site is zoned Port Maritime Industrial (PMI) and allows I-502 use.

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?
$11k
Tax billed · 2024
Assessed value$998k
Assessed land$813k
Assessed improvement$185k
Effective rate1.11%

Value estimate

· Sep 2026
$2.33M
$2.10M – $2.56M
AI approach$2.28M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$125 – $298
Qualifying comparables4

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?
PMI
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
Electrical Service8.6
Bakery8.1

Location

2212 Prt Of Tacoma Rd Tacoma, WA 98421-3607
County assessor Recorded deeds · 3 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1754 Thorne, Tacoma, WA 98421-3207 $1,100,000 Aug 2024 8,240 SF
1944 Milwaukee, Tacoma, WA 98421-2702 $2,500,000 Feb 2024 8,400 SF
2232 Prt Of Tacoma, Tacoma, WA 98421-3607 $1,040,000 Mar 2022 6,544 SF
1901 Lincoln, Tacoma, WA 98421 $6,700,000 Nov 2021 7,391 SF
1614 Lincoln, Tacoma, WA 98421-2903 $3,750,000 May 2019 8,400 SF
1311 25th, Tacoma, WA 98421-2304 $481,376 Dec 2018 6,510 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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