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1930 Port Of Tacoma Rd Tacoma, WA 98421

Office Spaces Google Maps
6,538 SF 0.76 ac lot Built 1919
Entity Owned Free & Clear
Estimated value (blended)
$770k
Range $693k – $847k (±10%)
Property ID US90-1348909

Property summary

AI-generated overview

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 access to major transportation arteries and high visibility within a bustling commercial area, fostering significant networking potential. The building features ample natural light and a convenient 5/1,000 parking ratio. The asking price is $1,450,000. This property is ideal for businesses seeking a prestigious and functional space in a high-traffic location within one of the nation's busiest ports. The building's versatile zoning allows for a variety of uses, making it an attractive option for both medical and traditional office tenants. Don't miss this chance to acquire a well-maintained, strategically located commercial property in the heart of Tacoma's thriving commercial district. The property is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1919
Construction WOOD FRAME
Total area 6,538 SF
Lot 0.76 ac (32,939 SF)
Zoning code PMI
APN 6965000432
UPID US90-1348909

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$506k
Blend (final) Blend
$770k

Owner & transaction history

since 2025
Last sale
$675,000
2 recorded transactions
2025
$675,000
1994
$490,000

Zoning & alternative use

PMI · Tacoma, WA

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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More about this property
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