Property profile

5205 Tacoma Way Tacoma, WA 98409

OFF-MARKET
Retail space
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Property ID
US90-1508569
4,850 SF 0.06 ac Built 1950
Last sale Nov 2023·$535,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is an approximately 4,850-square-foot, two-story mixed-use building located at 5205 S Tacoma Wy in Tacoma, Washington. The ground floor is configured for retail or professional use, while the upper level provides office space along with an apartment area. The upper-level spaces include a bar and kitchen, and the overall layout is arranged to potentially accommodate a live/work configuration, subject to buyer verification.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$745k
Assessed land$151k
Assessed improvement$594k
Effective rate1.11%

Value estimate

· Nov 2026
$725k
$653k – $798k
AI approach$705k
CAP approach$900k
Submarket $/SF estimate$968k

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

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$136 – $283
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?
NCX
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a le...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Home Appliance Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Home Appliance Store8.4
Laundry Service8.3
Dry Cleaner8.0

Location

5205 Tacoma Way Tacoma, WA 98409-4318
County assessor Recorded deeds · 11 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5252 Washington, Tacoma, WA 98409-2712 $1,700,000 Oct 2024 5,350 SF
3002 Mullen, Tacoma, WA 98409-2346 $1,450,000 May 2024 6,700 SF
5219 Tacoma Mall, Tacoma, WA 98409 $13,422,950 Jan 2024 5,800 SF
3852 74th, Tacoma, WA 98409-1045 $1,470,000 Oct 2022 4,020 SF
5225 Tacoma, Tacoma, WA 98409-4331 $500,000 Jul 2022 3,839 SF
5410 Tacoma, Tacoma, WA 98409-4313 $760,000 Dec 2021 6,843 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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