Property profile

124 Tacoma S Ave Tacoma, WA 98402

OFF-MARKET
Office Spaces
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Property ID
US90-0608877
4,020 SF 0.55 ac Built 1925
Last sale Jun 1999·$2,775,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. Free & Clear No active or open recorded mortgage detected.
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$47k
Tax billed · 2024
Assessed value$4.24M
Assessed land$2.72M
Assessed improvement$1.52M
Effective rate1.11%

Value estimate

· Nov 2026
$3.43M
$3.08M – $3.77M
AI approach$3.40M
Submarket $/SF estimate$3.05M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$164 – $758
Qualifying comparables6

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?
DR
DR: Downtown Residential The DR D istrict contains a predominance of mid -rise, higher density, urban residential development, together w...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.2
Bike Shop8.0
Locksmith7.6

Location

124 Tacoma S Ave Tacoma, WA 98402-2613
County assessor Recorded deeds · 2 transfers 6 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
207 Broadway, Tacoma, WA 98402-4024 $950,000 Jul 2025 2,772 SF
935 Fawcett, Tacoma, WA 98402-5605 $1,350,000 Nov 2024 4,500 SF
720 Pacific, Tacoma, WA 98402-5208 $375,000 Aug 2024 5,000 SF
1224 Tacoma S, Tacoma, WA 98402-2007 $2,555,000 Dec 2023 5,960 SF
1498 Pacific, Tacoma, WA 98402-4208 $6,900,000 Sep 2023 5,227 SF
412 St Helens, Tacoma, WA 98402-2410 $75,000 May 2023 2,700 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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