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    Property profile & analytics

    1401 Sprague Ave Tacoma, WA 98405-2967

    • Warehouses
    • 25,232 SF
    • 2.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0332306
    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

    • Shell / Gas Station / Atm
    • Food Mart / Convenience Store
    • Humanists of Washington / Church
    • Urban Storage - Sprague Ave / Self-Storage Facility / Automobile Storage Facility

    Property Details for 1401 Sprague Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.32 lot acres
    Property size
    25,232 SF
    Zone code
    M1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    320057006
    APU
    320057006

    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
    -122.462
    Latitude
    47.2473
    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
    $83,061
    $1,239,200
    $6,238,100
    $7,477,300
    -
    $1,239,200
    $6,238,100
    $7,477,300

    Comparable in this City

    • Value Estimation by Request
      1.32 Acres

      2702 Un Ave

      MINI-WAREHOUSE, STORAGE • 1.32 Acres
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      View Details
    • Value Estimation by Request
      3,300 SF

      1235 Sprague Ave

      MINI-WAREHOUSE, STORAGE • 3,300 SF
      1235 Sprague Ave, Tacoma, WA 98405-2927
      View Details
    • Value Estimation
      $3,895,000
      39,360 SF

      2316 State St

      WAREHOUSE, STORAGE • 39,360 SF
      2316 State St, Tacoma, WA 98405-2819
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    • Value Estimation
      $245,000
      2,812 SF

      2305 Wilkeson St Sta, Unit A

      WAREHOUSE, STORAGE • 2,812 SF
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    • Value Estimation by Request
      484 SF

      37501 Horsehoe E Rd

      WAREHOUSE, STORAGE • 484 SF
      37501 Horsehoe E Rd, Tacoma, WA 98405
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    • Value Estimation
      $390,000
      2,400 SF

      9725 Cramer NW Rd

      WAREHOUSE, STORAGE • 2,400 SF
      9725 Cramer NW Rd, Tacoma, WA 98405
      View Details

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    Property Visit Statistics

    • Visits by month
      12.7k
    • Visitors by month
      8.6k
    • Avg Time on site
      7 min
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    Tacoma, WA 98405-2967
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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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