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Financial
Distress signals
Property profile

1941 Marine Vw Dr Tacoma, WA 98422

OFF-MARKET
Retail space
Property ID
US90-0449991
5,488 SF 1.69 ac lot Built 1983
Last sale Mar 2021 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial facility totaling 8,890 square feet, located on a 3.84-acre (167,270 square foot) lot and zoned M2 – Heavy Industrial. The site is configured to support multiple tenants, with space occupied by three tenants under leasing arrangements that include NNN components for two tenants and a structure where the remaining tenant pays rent with pro-rata utilities. The property includes an outside storage (IOS) component, and its location is described as being near port operations.

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?
$19k
Tax billed · 2024
Assessed value$1.73M
Assessed land$983k
Assessed improvement$744k
Effective rate1.11%

Value estimate

· Oct 2026
$1.82M
$1.64M – $2.00M
AI approach$2.10M
Submarket $/SF estimate$1.35M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Dental Office14.4
Law Firm12.5

Location

1941 Marine Vw Dr Tacoma, WA 98422-4107
County assessor Recorded deeds · 10 transfers 8 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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