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Property profile & analytics
FOR SALE
Office Units

1313-1305 Tacoma Ave South Tacoma, WA 98402

116,340 SF
Property ID
US90-Q001504
Property summary
AI-generated overview

We are pleased to present the opportunity to purchase 1305 Tacoma Avenue in Tacoma, Washington. The property is competitively priced, and the Seller is reviewing offers as they are received. 1305 Tacoma Ave is conveniently located near transit and downtown amenities while offering suburban-level parking counts. The property is well-positioned for an owner/user to occupy up to 62,905 SF, for a value add buyer to lease the asset at market rates, or for a developer to begin repurposing the unleased portions of the building. Boasting the largest floor plates in Tacoma, six entrances, and secure parking under and adjacent to the building, the building provides unparalleled flexibility. It is presently and has historically been occupied by government tenants, which, up until recently has created a stable tenant base. New government leases are being negotiated for portions of the vacant space.

Property profile
Verified
Property type Office Units
Total area 116,340 SF
UPID US90-Q001504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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