Technical
Financial
Distress signals
Property profile

1850 Mildred St Tacoma, WA 98465

OFF-MARKET
Retail space
Property ID
US90-0320819
16,835 SF 1.45 ac lot Built 1999
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,835 SF
Lot 1.45 ac (63,206 SF)
Zoning code CCX
APN 220034088
UPID US90-0320819

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
  • Pharmacy
  • Postal Service Courier Service
  • Pharmacy
  • Physician
  • Pharmacy

Location

1850 Mildred St Tacoma, WA 98465-1608
Tacoma metro Census 61002 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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$36.8M
7 recorded transactions
2025
$36.8M
2022
Price N/A
2022
Price N/A
2016
$31.4M
2010
Price N/A
2009
$22.5M
1969
Price N/A

Zoning & alternative use

CCX · Tacoma, WA
Zoning description

CCX: Community Commercial Mixed-Use District The CCX D istrict provides commercial and retail businesses which are intended to serve many nearby areas and attract people from throughout the City. This district is envisio…

General category MIXED_USE

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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