Property profile

1546 Market St Tacoma, WA 98402

OFF-MARKET
Office Spaces
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Property ID
US90-1222695
1,448 SF 0.41 ac Built 1924
Last sale Jul 2022·$4,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.50M
Assessed land$1.50M
Assessed improvement$2k
Effective rate1.11%

Value estimate

· Nov 2026
$4.83M
$4.35M – $5.31M
AI approach$4.54M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$164 – $758
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.9
Smoke and Vape Shop13.0
Veterinary Clinic11.3

Location

1546 Market St Tacoma, WA 98402-3312
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
728 Broadway Ste B2, Tacoma, WA 98402-3727 $285,000 Jan 2026 1,232 SF
732 Broadway, Tacoma, WA 98402-3702 $600,000 Aug 2024 2,640 SF
730 Fawcett, Tacoma, WA 98402-5504 $935,000 Feb 2024 2,482 SF
225 Tacoma S, Tacoma, WA 98402-2523 $795,000 Dec 2023 1,150 SF
401 Broadway, Tacoma, WA 98402-3900 $1,000,000 Sep 2023 1,758 SF
136 Stewart SE, Tacoma, WA 98402 $8,200,000 May 2023 1,460 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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