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Financial
Distress signals
Property profile

1235 Sprague Ave Tacoma, WA 98405

OFF-MARKET
Warehouses
Property ID
US90-0955057
3,300 SF 2.76 ac lot Built 1988
Last sale Feb 1989 · $2,582,999
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$135k
Tax billed · 2024
Assessed value$12.19M
Assessed land$1.29M
Assessed improvement$10.90M
Effective rate1.11%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$410k
CAP approach$435k
Submarket $/SF estimate$674k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 141 recorded sales of this use type
Observed band · Q1–Q3$150 – $628
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
M-1: Light Industrial District The M -1 District is intended to serve as a buffer between heavier industrial areas and less intensive com...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm14.9
HVAC Service14.5
Auto Parts Store14.1

Location

1235 Sprague Ave Tacoma, WA 98405-2927
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2316 State, Tacoma, WA 98405-2819 $3,683,314 Aug 2021 39,360 SF
1401 Sprague, Tacoma, WA 98405-2967 $6,448,700 Apr 2019 25,232 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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