Property profile

1206 11th St Ste 12 Tacoma, WA 98405

OFF-MARKET
Medical Office Space
Property ID
US90-2733600
2,138 SF 0.09 ac lot Built 1958
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,138 SF
Lot 0.09 ac (3,850 SF)
Zoning code NCX
APN 2011240150
UPID US90-2733600

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pharmacy
  • Physician
  • (Bike/Boat/Book/etc) Store Florist
  • Medical Clinic

Location

1206 11th St Ste, Unit 12 Tacoma, WA 98405-4091
Tacoma metro Census 61300 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2017
6 recorded transactions
2017
$219,819
2010
$240,000
2006
$190,000
2004
$135,000
1991
$85,000
1969
Price N/A

Zoning & alternative use

NCX · Tacoma, WA
Zoning description

NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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