Financial
Distress signals
Property profile

15005 Pacific Ave S Tacoma, WA 98444

FOR LEASE
Other office properties
Property ID
US90-1562026
3,060 SF 0.4 ac lot Built 1980
Last sale Nov 2020 · $470,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
15005 Pacific Ave S, Tacoma, WA 98444 For Lease
Contact for pricing 1,867 SF available
15005 Pacific Ave S, Tacoma, WA 98444
View Listing

Property summary

AI-generated overview

A 2,000-square-foot commercial space located on Pacific Ave, designed with a functional interior layout suitable for multiple business uses. The space includes four private offices, one larger office or conference room, and a spacious showroom or reception/customer-facing area, along with one bathroom and one storage room. The property is fully fenced and is positioned for convenient freeway access. The configuration supports retail, professional services, or small-business operations that require both private office space and open areas for customer interaction.

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.

Mortgages

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?
$7k
Tax billed · 2024
Assessed value$436k
Assessed land$345k
Assessed improvement$91k
Effective rate1.63%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$535k
CAP approach$650k
Submarket $/SF estimate$680k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 139,015.63% cap applied$27k

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

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$171 – $617
Qualifying comparables5

Cap rate analysis

How does the asset earn?
139,015.63%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
AC
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.5
Parking Facility10.8
HVAC Service10.0

Location

15005 Pacific Ave S Tacoma, WA 98444
County assessor Recorded deeds · 7 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8644 Pacific, Tacoma, WA 98444-6471 $1,175,000 Mar 2025 2,793 SF
123rd 132nd S, Tacoma, WA 98444 $1,600,000 Aug 2024 2,981 SF
222 107th S, Tacoma, WA 98444-6010 $745,000 Oct 2023 1,974 SF
11509 Steele S, Tacoma, WA 98444-1426 $1,270,000 Dec 2021 3,659 SF
8717 Hosmer, Tacoma, WA 98444-1836 $600,000 Nov 2021 4,800 SF
11507 Steele S, Tacoma, WA 98444-1427 $750,000 Jun 2020 3,456 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message