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Property profile & analytics
FOR LEASE
Warehouses

12005 Steele St S Tacoma, WA 98444

12.03 ac lot Built 2021
Entity Owned 4-yr Hold Free & Clear
Property ID
US90-1927875
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Lot 12.03 ac (524,027 SF)
APN 5003220074
UPID US90-1927875
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pepsico Storage Facility
  • XBF3 Amazon Fulfillment Warehouse & Storage
  • UNIS Warehouse & Storage
  • CUBEWORK Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90.18M
Owner & transaction history
Rlif Steele Street Spe LLC · 4 yrs held
Rlif Steele Street Spe LLC
since 2021
Last sale
$87.0M
2 recorded transactions
2021
$1.6M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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