Financial
Distress signals
Property profile

6602 Tacoma Way Tacoma, WA 98409

OFF-MARKET
Other warehouses
Property ID
US90-0323254
10,000 SF 0.63 ac lot Built 1999
Last sale Sep 2019 · $1,359,719
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a flex space building configured in shell condition, featuring 10,000 square feet of primary interior building area and an additional 1,110 square feet of second-story mezzanine space. It is located at 6602 S Tacoma Way in Tacoma, Washington. Documented improvements include the shell area and the second-story mezzanine, providing an interior configuration that supports a variety of potential build-out approaches within the existing structure.

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?
$16k
Tax billed · 2024
Assessed value$1.41M
Assessed land$588k
Assessed improvement$826k
Effective rate1.11%

Value estimate

· Sep 2026
$995k
$896k – $1.09M
AI approach$1.03M
Submarket $/SF estimate$969k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$263/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$124 – $402
Qualifying comparables3

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?
C2
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger mark...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy12.5
Parking Facility11.0
HVAC Service10.2

Location

6602 Tacoma Way Tacoma, WA 98409-4025
County assessor Recorded deeds · 12 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1524 Ctr, Tacoma, WA 98409-7924 $2,400,000 Jul 2025 11,232 SF
2318 Tacoma, Tacoma, WA 98409-7519 $4,570,000 Dec 2022 11,500 SF
1520 Ctr, Tacoma, WA 98409-7905 $2,250,000 Sep 2022 10,989 SF
3403 35th, Tacoma, WA 98409-4702 $11,500,000 Sep 2022 10,512 SF
3001 Huson St Ste B1, Tacoma, WA 98409-2361 $721,200 Aug 2022 8,500 SF
1565 Ctr, Tacoma, WA 98409-7921 $1,450,000 Aug 2022 11,064 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6602 Tacoma Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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