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Property summary
The property is a 3,096-square-foot commercial building located in New Tacoma near Tacoma General Hospital on a corner lot. The interior is arranged with 8+ offices, many of which include sinks, and four oversized treatment rooms, along with dedicated lab space, ample storage, and four bathrooms. The facility includes a sauna, two reception areas/lobbies, and two open front desk spaces. Multiple separate entrances support the possibility of splitting the building into at least two distinct business areas. On-site parking is provided for 10+ vehicles. The property is situated within an area of medical, professional, and urban amenities, and it is zoned TAC, which allows a range of commercial uses; it also presents potential redevelopment opportunities, including the possibility of vertical expansion (to be verified).
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Tacoma market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NCX · Tacoma, WANCX: 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NCX in Tacoma, WA.
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