Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    12005 Steele St Tacoma, WA 98444

    • Warehouses
    • 12.03 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Nov 19, 2021
    $87,000,000
    Location Intelligence
    Property ID
    US90-1927875
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pepsico / Storage Facility
    • XBF3 Amazon Fulfillment / Warehouse
    • UNIS / Warehouse
    • CUBEWORK / Coworking Space

    Property Details for 12005 Steele St

    Year built
    2021
    Lot size
    12.03 lot acres
    Property type
    Warehouses
    APN
    5003220074
    APU
    5003220074

    Description

    This 273,816-square-foot industrial property in Tacoma, WA, offers a variety of flexible spaces ideal for businesses of all sizes. Located at 12005 Steele St S, 98444, this single 2021-built building sits on 19.72 acres and features a 36' ceiling height, 60 dock-high doors, and 4 drive-in doors. The property is zoned CE and offers ample parking with 158 spaces. Units range from a minimum of 200 square feet to a maximum contiguous space of 50,000 square feet, making it suitable for various operational needs. Amenities include 24/7 access, high-speed internet, customized warehouse units, package and mail handling, complimentary beverages, on-site management, CCTV security, and dedicated or shared loading docks. Forklift rentals are also available. This move-in ready space eliminates setup costs and capital investment, allowing businesses to expand as needed. The property's multiple tenancy allows for diverse business configurations.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.462
    Latitude
    47.1498
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $465,188
    $6,309,500
    $32,813,400
    $39,122,900
    -
    $6,309,500
    $32,813,400
    $39,122,900

    Comparable in this City

    • Value Estimation by Request
      64,280 SF

      9201 Pacific Ave

      MINI-WAREHOUSE, STORAGE • 64,280 SF
      9201 Pacific Ave, Tacoma, WA 98444-6235
      View Details
    • Value Estimation by Request
      2,988 SF

      14715 Pacific S Ave

      MINI-WAREHOUSE, STORAGE • 2,988 SF
      14715 Pacific S Ave, Tacoma, WA 98444-4652
      View Details
    • Value Estimation by Request
      7,800 SF

      2000 109th S St

      WAREHOUSE, STORAGE • 7,800 SF
      2000 109th S St, Tacoma, WA 98444-8715
      View Details
    • Value Estimation by Request
      15,000 SF

      2042 112th S St

      WAREHOUSE, STORAGE • 15,000 SF
      2042 112th S St, Tacoma, WA 98444-1537
      View Details
    • Value Estimation by Request
      6,140 SF

      120 132nd S St

      WAREHOUSE, STORAGE • 6,140 SF
      120 132nd S St, Tacoma, WA 98444-4808
      View Details
    • Value Estimation
      $395,000
      4,800 SF

      103 140th S St

      WAREHOUSE, STORAGE • 4,800 SF
      103 140th S St, Tacoma, WA 98444-4637
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      32,200 SF

      32,200 SF Three-Building Business Park

      32,200 SF business park with high visibility and great access.
      11302 Steele St South, Tacoma, WA 98444
      View Details
    • $1,050,000
      23,958 SF

      Secured Contractor Yard with Office

      Level, secured contractor yard with remodeled office and I-5 access.
      2605 96Th Street Ct S Tacoma, Tacoma, WA 98444
      View Details
    • $1,150,000
      2,880 SF

      Four-Unit Multifamily Investment Property

      Four-unit residential building with hardwood floors in high-density area.
      11108 Sheridan Ave S, Tacoma, WA 98444
      View Details
    • $2,000,000

      Turnkey Restaurant with Banquet Room

      Established restaurant with banquet room and ample parking in Tacoma.
      9002 Pacific Ave, Tacoma, WA 98444
      View Details
    • $560,000
      1,948 SF

      Parkland Duplex Near JBLM

      Duplex near Spanaway Loop Road, close to JBLM, shopping, freeways.
      13803 S 11Th St S, Tacoma, WA 98444
      View Details
    • $950,000
      2,160 SF

      High-Traffic Commercial Property For Sale

      Corner lot with income potential in a high-traffic location.
      2206 96Th St S, Tacoma, WA 98444
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      273,816 SF

      Tacoma Industrial Flex Space

      Modern warehouse/office space, flexible options.
      12005 Steele St, Tacoma, WA 98444
      View Details
    • $6 SF/Yr
      3,245 SF

      Tacoma Executive Office Suites

      Prime Tacoma location, multiple suites available.
      0 S & C St, Tacoma, WA 98444
      View Details
    • Contact for pricing

      Undeveloped Corner Lot in Tacoma

      Undeveloped hard corner lot with access to Downtown Tacoma.
      Pacific Ave, Tacoma, WA 98444
      View Details
    • $9,500 /Mo
      49,223 SF

      Tacoma Yard or Built-to-Suit

      49,223 SF yard or built-to-suit for lease.
      2200 112Th St E, Tacoma, WA 98444
      View Details
    • $34 SF/Yr
      2,000 SF

      Remodeled Commercial Space on Pacific

      2,000 SF commercial space with offices and showroom.
      15005 Pacific Ave S, Tacoma, WA 98444
      View Details
    • $28 SF/Yr
      2,107 SF

      Former Tanning Salon Retail Space

      Retail space suitable for medical or other businesses.
      208-212 Garfield St S, Tacoma, WA 98444
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12005 Steele St
    Tacoma, WA 98444
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.