Entity Owned Property summary
This exceptional 90,400 square foot development site, located at 1546 Market St, Tacoma, WA 98402 (APN 201508-012-1), presents a unique investment opportunity. Priced at $4,995,000 ($54/SF), this land is zoned DCC (Downtown Commercial Core) and comes with building permits already in hand for a mixed-use development. The approved plans encompass 176 residential units and 4,841 square feet of commercial space, making it a truly shovel-ready project. Its proximity to the University of… Washington, Tacoma, which serves nearly 5,000 students, ensures a strong rental market. The property is eligible for the Multifamily Tax Exemption (MFTE) program, offering potential tax advantages. Future residents will enjoy luxurious amenities including a fitness center, dog parks, bike storage, a rooftop lounge, and a Zen garden. With a WalkScore of 87, the location boasts excellent walkability to numerous attractions such as the Prairie Line Trail, Tacoma Art Museum, Greater Tacoma Convention Center, and Children's Museum of Tacoma. This is an unparalleled chance to capitalize on Tacoma's thriving real estate market and create a vibrant, amenity-rich community. The property's strategic location and comprehensive permitting make this an exceptional investment opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,448 SF
- Lot area
- 0.41 ac
- Year built
- 1924
- Stories
- 2
- APN
- 2015080121
- Assessed value · 2024
- $1,501,400
- Annual tax · 2024
- $16,686
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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