Technical
Financial
Distress signals
Property profile

1601 Bay St Tacoma, WA 98421

OFF-MARKET
Auto shops
Property ID
US90-0727127
10,080 SF 1.31 ac lot Built 1968
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Construction WOOD FRAME
Total area 10,080 SF
Lot 1.31 ac (57,194 SF)
Zoning code M1
APN 4715010543
UPID US90-0727127

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Construction Company

Location

1601 Bay St Tacoma, WA 98421-2613
Tacoma metro Census 60200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.01M
Blend (final) Blend
$3.89M

Owner & transaction history

since 2009
6 recorded transactions
2009
$850,000
2004
Price N/A
2003
Price N/A
2002
$225,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Tacoma, WA
Zoning description

M-1: Light Industrial District The M -1 District is intended to serve as a buffer between heavier industrial areas and less intensive commercial/residential areas of the City. The maximum building height in this district…

General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $4.3M +14.8%
Restaurant $3.9M +6.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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