Property profile

1815 E D St Tacoma, WA 98421

FOR SALE
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Property ID
US90-1591649
68,300 SF 2.7 ac Built 1949
Last sale Sep 2018·$71,219
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 98,300-square-foot Class B manufacturing facility in Tacoma, Washington, presents a compelling owner-user investment opportunity. Located at 1815 E D St, 98421, this single-unit building sits on a 2.7-acre lot and boasts 20-foot ceilings, providing ample space for various manufacturing operations. The property features ten loading docks and ten dock-high doors, ensuring efficient material handling and logistics. The asking price is $13,200,000, translating to $134.28 per…

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?
$76k
Tax billed · 2024
Assessed value$6.84M
Assessed land$2.88M
Assessed improvement$3.96M
Effective rate1.11%

Value estimate

· Nov 2026
$5.95M
$5.36M – $6.55M
NOI build-up
Gross scheduled income$1.64M
Vacancy & credit loss−$136k
Operating expenses−$451k
NOI · 8.21% cap applied$1.05M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$168/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$125 – $298
Qualifying comparables4

Cap rate analysis

How does the asset earn?
8.21%
$1.05M 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?
M2
M-2 Heavy Industrial District This M -2 District is intended to allow most industrial uses. Impacts from these uses include extended oper...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.1
Veterinary Clinic9.5
Laundry Service9.3

Location

1815 E D St Tacoma, WA 98421
County assessor Recorded deeds · 5 transfers 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1510 St Paul, Tacoma, WA 98421-2406 $19,510,000 Sep 2024 36,528 SF
2006 Portland, Tacoma, WA 98421-2712 $6,000,000 Mar 2024 21,740 SF
2330 Prt Of Tacoma, Tacoma, WA 98421-3606 $16,000,000 Nov 2023 86,600 SF
1247 Puyallup, Tacoma, WA 98421-2323 $1,745,098 May 2023 46,343 SF
1129 St Paul, Tacoma, WA 98421-2404 $350,000 Mar 2021 13,596 SF
2021 Marc, Tacoma, WA 98421-2945 $7,200,000 Nov 2020 18,034 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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