Property profile

1213 6th Ave Tacoma, WA 98405

OFF-MARKET
Medical Office Space
Property ID
US90-1180753
465 SF 0.03 ac lot Built 1963
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 465 SF
Lot 0.03 ac (1,296 SF)
Zoning code C2
APN 7646000050
UPID US90-1180753

Cap rate & NOI

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

Location

1213 6th Ave Tacoma, WA 98405-4004
Tacoma metro Census 61300 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k

Owner & transaction history

since 2020
Last sale
$700,000
7 recorded transactions
2020
$700,000
2018
Price N/A
2004
$110,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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