Property profile

2040 6th Ave Tacoma, WA 98403

OFF-MARKET
Office Spaces
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Property ID
US90-3100143
1,828 SF 0.12 ac Built 1900
Last sale Dec 2025·$660,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

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…

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?
$6k
Tax billed · 2024
Assessed value$509k
Assessed land$354k
Assessed improvement$155k
Effective rate1.11%

Value estimate

· Nov 2026
$705k
$635k – $776k
AI approach$685k
Submarket $/SF estimate$528k

Realmo valuation models over county records and 7 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 comparables7

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?
NCX
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a le...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Tailor Shop10.3
Accounting Firm8.9

Location

2040 6th Ave Tacoma, WA 98403-1045
County assessor Recorded deeds · 8 transfers 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
917 2nd, Tacoma, WA 98403-3909 $600,000 Apr 2025 2,424 SF
2201 30th, Tacoma, WA 98403-3361 $1,617,500 Jun 2021 2,824 SF
806 2nd, Tacoma, WA 98403-1929 $335,000 Oct 2019 1,772 SF
2101 30th, Tacoma, WA 98403-3318 $425,000 May 2019 2,048 SF
1019 Division, Tacoma, WA 98403-1633 $940,000 Apr 2019 2,280 SF
222 J St Ste, Tacoma, WA 98403-1984 $265,000 Jan 2019 1,435 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
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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