Technical
Financial
Distress signals
Property profile

1209 38th St Tacoma, WA 98418

OFF-MARKET
Turn key restaurants
Property ID
US90-1708527
3,198 SF 0.15 ac lot Built 1948
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction WOOD FRAME
Total area 3,198 SF
Lot 0.15 ac (6,500 SF)
Zoning code C2
APN 8935015960
UPID US90-1708527

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
  • Restaurant

Location

1209 38th St Tacoma, WA 98418-3918
Tacoma metro Census 61800 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2019
Price N/A

Zoning & alternative use

C2 · Tacoma, WA
Zoning description

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 market area. Higher intensity uses of the permitted uses in the C -1 District are allow…

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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