Individually Owned Property summary
This Tacoma, WA commercial property, located at 2040 6th Avenue, 98405, presents a unique live/work opportunity. The two-story, 2,686 square foot building, constructed in 1900 and renovated in 1995, sits on a 0.12-acre lot in Pierce County. Currently configured as a single-tenant space, it features 1,828 square feet of street-level office space, an 858 square foot upper-level apartment, and an unfinished basement suitable for storage. The building is ideally suited for a variety of… professional office or retail uses, offering a convenient live/work component. Parking is available along 6th Avenue and in a fenced rear lot. The property enjoys a prime location in Tacoma's 6th Avenue Business District, providing easy freeway access. The asking sales price is $790,000, and the asking lease rate is $25 per square foot, modified gross. This building represents a compelling investment opportunity in a thriving urban area. The property's traditional office subtype and central location make it an attractive option for businesses seeking a blend of workspace and residential living.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,828 SF
- Lot area
- 0.12 ac
- Year built
- 1900
- Stories
- 2
- APN
- 320061038
- Zoning
- NCX
- Assessed value · 2024
- $509,400
- Annual tax · 2024
- $5,669
- Auto Repair, Garage
- Commercial (general) · current use
- Retail Stores
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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