The property consists of 8.22 acres (approximately 357,845 square feet) of land zoned as Community Mixed Use. It is located across from Fife City Hall, with frontage along 20th Street; the portion of land fronting 20th may be divided and purchased separately.

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?

$25k

Tax billed · 2024

Assessed value$2.64M

Assessed land$2.64M

Effective rate0.95%

Value estimate

· Oct 2026

$1.36M

$1.22M – $1.50M

Submarket $/SF estimate$1.28M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?

$668/SF

ZIP average, outlier-cleaned · 18 recorded sales of this use type

Observed band · Q1–Q3$183 – $1,182

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?

REGIONAL C

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?

Best fit: Nail Salon

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Nail Salon9.5

Pharmacy9.1

Hair Salon9.0

2316 54th E Ave Tacoma, WA 98424

County assessor Recorded deeds · 3 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 · 17 properties nearby

Address Sale price Sold Size

6306 16th E, Fife, WA 98424 $6,100,000 Jan 2025 19,060 SF

6412 16th E, Fife, WA 98424 $6,100,000 Jan 2025 1,998 SF

6310 16th E, Fife, WA 98424 $6,100,000 Jan 2025 1,938 SF

6224 16th E, Fife, WA 98424-1532 $340,000 Jan 2025 1,650 SF

7519 48th E, Tacoma, WA 98424-3735 $2,250,000 Feb 2021 2,184 SF

7501 48th E, Tacoma, WA 98424-3735 $500,000 Feb 2021 1,536 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

Value Estimation
$1,220,000

1.07 Acres

2221 Pacific E Hwy

VACANT COMMERCIAL LAND

2221 Pacific E Hwy, Tacoma, WA 98424-1004

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Value Estimation
$610,000

1.56 Acres

6814 Pacific E Hwy

VACANT COMMERCIAL LAND

6814 Pacific E Hwy, Fife, WA 98424

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Value Estimation
$5,855,000

0.34 Acres

6310 16th E St

VACANT COMMERCIAL LAND

6310 16th E St, Fife, WA 98424

View Details
Value Estimation
$340,000

0.21 Acres

2114 54th E Ave

VACANT COMMERCIAL LAND

2114 54th E Ave, Tacoma, WA 98424

View Details
Value Estimation
$175,000

0.25 Acres

5415 4th E St

VACANT COMMERCIAL LAND

5415 4th E St, Fife, WA 98424-2414

View Details
Value Estimation
$285,000

0.40 Acres

1501 Prt Of Tacoma Rd

VACANT COMMERCIAL LAND

1501 Prt Of Tacoma Rd, Tacoma, WA 98424

View Details

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Commercial Land

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2316 54th E Ave Tacoma, WA 98424

Property summary