This exceptional 6,538 square foot Class B office building, located at 1930 Port of Tacoma Rd, Tacoma, WA 98421, presents a unique investment opportunity. Situated on a substantial 32,939 square foot lot within the Port of Tacoma's vibrant PMI (Port Maritime and Industrial District) zoning, this single-story, 1919-built building underwent renovations in 1996. Currently vacant, the property offers immediate occupancy for a wide range of businesses. Its strategic location provides unparalleled…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$11

Tax billed · 2024

Assessed value$1.34M

Assessed land$925k

Assessed improvement$419k

Effective rate0.00%

Value estimate

· Oct 2026

$770k

$693k – $847k

Submarket $/SF estimate$506k

NOI build-up

Gross scheduled income$177k

Vacancy & credit loss−$35k

Operating expenses−$35k

NOI · 9.51% cap applied$106k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?

$308/SF

Submarket average, outlier-cleaned · 284 recorded sales of this use type

Observed band · Q1–Q3$171 – $617

Qualifying comparables11

Cap rate analysis

How does the asset earn?

9.51%

$106k 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?

PMI

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: Plumbing Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Plumbing Service8.6

Electrical Service8.6

Bakery8.1

1930 Port Of Tacoma Rd Tacoma, WA 98421

County assessor Recorded deeds · 2 transfers 11 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

Address Sale price Sold Size

216 26th, Tacoma, WA 98421-1110 $2,950,000 Oct 2024 8,540 SF

222 26th, Tacoma, WA 98421-1104 $2,950,000 Oct 2024 9,028 SF

402 26th, Tacoma, WA 98421-1340 $3,550,000 Feb 2024 11,080 SF

4130 11th, Tacoma, WA 98421-4203 $179,950 Oct 2020 6,921 SF

2202 Riv, Tacoma, WA 98421-1502 $7,000,000 Oct 2019 10,000 SF

1204 D, Tacoma, WA 98421-1710 $2,125,000 Dec 2018 9,168 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

Value Estimation
$2,950,000

8,540 SF

216 26th St

OFFICE (GENERAL)

216 26th St, Tacoma, WA 98421-1110

View Details
Value Estimation
$1,005,000

4,800 SF

1435 Prt Of Tacoma Rd

OFFICE (GENERAL)

1435 Prt Of Tacoma Rd, Tacoma, WA 98421

View Details
Value Estimation
$610,000

4,788 SF

401 27th St

OFFICE (GENERAL)

401 27th St, Tacoma, WA 98421-1203

View Details
Value Estimation
$1,345,000

9,168 SF

1204 D St

OFFICE (GENERAL)

1204 D St, Tacoma, WA 98421-1710

View Details
Value Estimation
$1,885,000

11,564 SF

1101 Prt Of Tacoma Rd

OFFICE (GENERAL)

1101 Prt Of Tacoma Rd, Tacoma, WA 98421-3701

View Details
Value Estimation
$435,000

3,492 SF

202 F St

OFFICE (GENERAL)

202 F St, Tacoma, WA 98421-1820

View Details

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