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Property profile

2111 Pacific Ave Tacoma, WA 98402

OFF-MARKET
Other office properties
Property ID
US90-3119030
12,000 SF 0.32 ac lot Built 1917
Last sale Jul 2026 · $2,495,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This historic masonry building was originally constructed in 1917 and underwent a complete renovation in 2000. It is located in downtown Tacoma with convenient access to major roadways and sits on the Tacoma Register of Historic Places. The building totals approximately 12,005 square feet and is configured to be easily divided, providing up to approximately 3,000 square feet of retail or office space that fronts Pacific Avenue. Exposed structural elements include board-form concrete exterior…

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?
$25k
Tax billed · 2024
Assessed value$2.23M
Assessed land$780k
Assessed improvement$1.45M
Effective rate1.11%

Value estimate

· Oct 2026
$2.05M
$1.84M – $2.25M
CAP approach$2.55M
Submarket $/SF estimate$1.23M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$164 – $758
Qualifying comparables6

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?
WR
WR: Warehouse Residential District The WR D istrict is intended to consist principally of a mixture of industrial activities and resident...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.4
Laundry Service8.9
Watch Repair Shop8.8

Location

2111 Pacific Ave Tacoma, WA 98402-3006
County assessor Recorded deeds · 3 transfers 6 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
1132 Broadway, Tacoma, WA 98402-3503 $2,700,000 Mar 2025 27,000 SF
702 A, Tacoma, WA 98402 $2,311,330 Mar 2024 10,207 SF
945 Fawcett, Tacoma, WA 98402-5612 $1,415,000 Feb 2024 6,978 SF
1224 Tacoma S, Tacoma, WA 98402-2007 $2,555,000 Dec 2023 5,960 SF
715 Tacoma S, Tacoma, WA 98402-2206 $1,390,700 Jul 2023 6,832 SF
615 Commerce, Tacoma, WA 98402-4605 $650,000 Jun 2023 7,896 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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