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Property profile & analytics
OFF-MARKET
Commercial land

2205 116th S St Tacoma, WA 98444-1419

1.61 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US90-0386962
Property summary
AI-generated overview

This exceptional 70,132 square foot warehouse, situated on a 1.61-acre lot in Tacoma, Washington, presents a fantastic owner-user opportunity. Located at 2205 116th St S, 98444, this property boasts significant advantages for businesses seeking a strategic location and ample space. The warehouse is zoned CE - Community Employment, allowing for a wide range of industrial uses. The property features a fully fenced and lit gravel yard, enhancing security and operational efficiency. Access is controlled by two automated gates, providing secure entry and exit. The location offers excellent visibility and signage opportunities off Steele Street, ensuring high brand recognition. Its strategic proximity to Interstate 5, Highway 512, and the Port of Tacoma provides unparalleled access to major transportation arteries, streamlining logistics and distribution. The asking price for this remarkable property is $1,700,000. Don't miss this chance to acquire a prime industrial asset in a thriving location. This is an ideal opportunity for a business seeking to establish a strong presence in the Tacoma area. The combination of size, location, and amenities makes this warehouse a truly exceptional investment.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.61 ac (70,088 SF)
Zoning code CE
APN 319075012
UPID US90-0386962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rd Tires LLC · 1 yrs held
Rd Tires LLC
since 2025
7 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2022
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
Zoning & alternative use
CE · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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