10324 Portland Ave E, Tacoma, WA 98445
For Sale
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This exceptional industrial property, located at 10324 Portland Ave E in Tacoma, WA, presents a unique investment opportunity. The 1.01-acre lot encompasses a substantial 13,680 square-foot warehouse facility, perfectly suited for a variety of uses. The main building boasts 7,444 square feet, featuring 7,000 square feet of two-story office space and a 2,940 square-foot shop/warehouse area. Additional structures include a 2,400 square-foot canopy and two 600 square-foot Quonset hut buildings. The property benefits from a fully secured and lit yard, enhanced by high-tech security systems, making it ideal for contractors, engineering firms, or any business requiring ample yard space. Its strategic location offers convenient access to major transportation arteries, including Highway 512, I-5, Highway 167, and the Portland Ave off-ramp, placing it within a quarter-mile of freeway access. The Port of Tacoma is a mere six miles away, along Portland Avenue. This property is zoned CE-Community Employment and is offered at $2,885,000. The total building area is 8,640 square feet. This is a rare opportunity to acquire a well-located, versatile industrial property with significant yard space in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CE · Tacoma, WATacoma. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.