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    Property profile & analytics

    121 Military E Rd Tacoma, WA 98445-1242

    • Outlet malls
    • 107,084 SF
    • 13.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1227055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Compact Power Equipment Rental / Equipment Rental Agency
    • The Home Depot / Window Treatment Store / Bathroom Supply Store
    • Tool & Truck Rental Center at The Home Depot / Equipment Rental Agency / Construction Machine Rental Service
    • Pro Desk at The Home Depot / Molding Supplier / Welding Supply Store
    • Home Services at The Home Depot / Hvac Contractor / Electrician

    Property Details for 121 Military E Rd

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    13.26 lot acres
    Property size
    107,084 SF
    Zone code
    AC
    Property type
    Outlet malls
    APN
    9830000212
    APU
    9830000212

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.431
    Latitude
    47.1209
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $201,703
    $5,278,500
    $9,365,800
    $14,644,300
    -
    $5,278,500
    $9,365,800
    $14,644,300

    Comparable in this City

    • Value Estimation by Request
      40,500 SF

      10901 Portland E Ave

      SHOPPING CENTER, STRIP CENTER • 40,500 SF
      10901 Portland E Ave, Tacoma, WA 98445-5206
      View Details
    • Value Estimation
      $275,000
      7,390 SF

      906 Cherry E St

      SHOPPING CENTER, STRIP CENTER • 7,390 SF
      906 Cherry E St, Tacoma, WA 98445
      View Details
    • Value Estimation by Request
      1,505 SF

      910 Cherry E St

      SHOPPING CENTER, STRIP CENTER • 1,505 SF
      910 Cherry E St, Tacoma, WA 98445
      View Details
    • Value Estimation
      $260,000
      2,750 SF

      918 Cherry E St

      SHOPPING CENTER, STRIP CENTER • 2,750 SF
      918 Cherry E St, Tacoma, WA 98445
      View Details
    • Value Estimation
      $290,000
      3,290 SF

      908 Cherry E St

      SHOPPING CENTER, STRIP CENTER • 3,290 SF
      908 Cherry E St, Tacoma, WA 98445
      View Details
    • Value Estimation
      $2,390,000
      2,560 SF

      9815 Golden Given E Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,560 SF
      9815 Golden Given E Rd, Tacoma, WA 98445-3156
      View Details

    Similar Nearby for Sale

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      Retail Pad Site For Sale

      1.2 acre retail pad site in Tacoma, Washington.
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      Permit Ready Industrial Land

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      Commercial Land Near Home Depot

      0.85 acre commercial land for sale near major retailers.
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    Similar Nearby for Lease

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      Versatile Tacoma Industrial Space: Multiple Suites Available
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      7,092 SF

      Turnkey Restaurant in 6th Avenue

      Fully built-out, two-story restaurant with rooftop bar and parking.
      2811-2813 6Th Avenue Ct, Tacoma, WA 98445
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      Tacoma IOS Land for Lease

      Multiple yard sites with immediate access to SR-512 and I-5.
      10811 Golden Given Rd E, Tacoma, WA 98445
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    • $18 SF/Yr
      22,216 SF

      Land Available For Lease

      Land for lease in Tacoma, Washington.
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    • $7,500 /Mo
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      New Industrial Warehouse For Lease

      New industrial warehouse building for lease, close to Highway 512.
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    • Contact for pricing

      Tacoma Industrial Land for Lease

      Multiple industrial yard sites with immediate access to SR-512 and I-5.
      1321 109Th St E, Tacoma, WA 98445
      View Details

    Property Visit Statistics

    • Visits by month
      62.1k
    • Visitors by month
      38.8k
    • Avg Time on site
      28 min
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    121 Military E Rd
    Tacoma, WA 98445-1242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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