2205 116th S St Tacoma, WA 98444-1419
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CE · Tacoma, WATacoma. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.