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    1530 South Union Ave Tacoma, WA 98405
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    Property profile & analytics

    1530 South Union Ave Tacoma, WA 98405


    • Medical Office Space
    • 20,460 SF
    • 1.04 lot acres
    Medical Office Space Near Allenmore For Lease
    $32 SF/Yr
    1,400 SF

    Medical Office Space Near Allenmore

    Medical office space available near Allenmore Medical Campus.

    1530 South Union Avenue, Tacoma, WA 98405
    View Listing
    Property ID
    US90-1458995
    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.

    Value Estimations
    $3,730,000
    Cap Rate Potential
    8.2%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Susan L. Judah, ND / Alternative Medicine Practice
    • Sunrise Dental - Dr. Juli Chue-Gomez / Dental Office
    • Chue-Gomez Julidang K DDS / Dental Office
    • Allison M. Osborn, PsyD / Medical Clinic / Physician
    • Dr. Michael Jenkins-Guarnieri / Physician / Medical Clinic

    Property Details for 1530 South Union Ave

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.04 lot acres
    Property size
    20,460 SF
    Zone code
    T
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    220014162
    APU
    220014162

    Description

    This well-maintained, two-story Class B medical office building, located at 1530 S Union Ave in Tacoma, WA 98405, offers a fantastic leasing opportunity. The building, constructed in 1986 and renovated in 1995, boasts a total of 20,440 square feet, with 1,400 square feet currently available for lease. The property sits on a 1.47-acre lot and is zoned T. The building features ample parking with 4.5 spaces available. Ideal for medical or dental practices, this multi-tenant building provides a convenient and established location in Pierce County. The available space presents a chance to establish or expand a practice in a thriving area. The building's history of consistent occupancy speaks to its desirability and strong location. This is a rare opportunity to secure space in a well-established medical building with convenient access and ample parking. The 1,400 square feet of vacant space is ready for immediate occupancy. Don't miss this chance to secure your practice's future in this desirable Tacoma location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,575,000
      ML approach
      $4,035,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,875,000
      6.5%
      $4,500,000
      7%
      $4,180,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,613,000
      Market price range: $2.77M - $7.11M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $5,005,000
      Current use
      RETAIL STORES
      $6,180,000
      Change: +23% Conversion: Difficult
      WAREHOUSE, STORAGE
      $6,130,000
      Change: +22% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,535,000
      Change: -9% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $4,525,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.484
    Latitude
    47.2459
    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
    $45,373
    $1,400,100
    $2,684,000
    $4,084,100
    -
    $1,400,100
    $2,684,000
    $4,084,100
    View Listing
    More about this property
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