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    Property profile & analytics
    FOR SALE
    Flex space

    1815 E D St, Tacoma, WA 98421

    68,300 SF 2.7 ac lot Built 1949
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US90-1591649
    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 square foot. Its strategic location offers excellent access to major transportation arteries, including Interstate 5 and State Route 167, as well as the Port of Tacoma, facilitating seamless distribution and supply chain management. The building is ready for occupancy on October 1, 2024. The Tacoma area's robust industrial market, characterized by low vacancy rates (below 5%) and limited land availability, makes this a highly desirable asset. This stand-alone warehouse provides significant advantages for businesses seeking a well-equipped and strategically located manufacturing space. The property's heavy power capabilities further enhance its suitability for a wide range of industrial applications.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1949
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 68,300 SF
    Lot 2.7 ac (117,612 SF)
    Zoning code M2
    APN 6370000040
    UPID US90-1591649
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tacoma Fixture Co. General Contractor Renovation Specialist
    • Valley Line Cabinets General Contractor Renovation Specialist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.95M
    Owner & transaction history
    Tacoma 1815 LLC · 7 yrs held
    Tacoma 1815 LLC
    since 2018
    5 recorded transactions
    2020
    2018
    $71,219
    2016
    $4.6M
    2004
    1969
    Zoning & alternative use
    M2 · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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