Technical
Financial
Distress signals
Property profile

2515 Stevens St 2519 Tacoma, WA 98406

OFF-MARKET
Retail space
Property ID
US90-0098539
2,501 SF 0.25 ac lot Built 1959
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,501 SF
Lot 0.25 ac (10,725 SF)
Zoning code C1
APN 7475013140
UPID US90-0098539

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

2515 Stevens St, Unit 2519 Tacoma, WA 98406-3945
Tacoma metro Census 60800 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
$853k
Blend (final) Blend
$1.70M

Owner & transaction history

since 2023
Last sale
$1.3M
7 recorded transactions
2023
$1.3M
2022
Price N/A
2021
Price N/A
2020
$870,000
2013
$390,000
2003
$407,190
1994
$70,000

Zoning & alternative use

C1 · Tacoma, WA
Zoning description

C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, and service uses. All uses permitted in the Transitional District are also permitted…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.1M +40.4%
Auto repair, garage $925,000 +22.3%
Commercial (general) $770,000 +2.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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