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    2528 S 38Th St Tacoma, WA 98409
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    Property profile & analytics

    2528 S 38Th St, Tacoma, WA 98409

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    • Strip malls
    • 9,200 SF
    • 0.53 lot acres
    Retail Space Available For Rent For Lease
    $2,380,000
    1,920 SF

    Retail Space Available For Rent

    Retail property offering 1920 square feet of space.

    2528 S 38th St, Tacoma, WA
    View Listing
    Property ID
    US90-1580484
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,380,000
    Cap Rate Potential
    5.7%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • FASTSIGNS / (Bike/Boat/Book/etc) Store / Printing Service
    • Moneytree / Loan Service
    • Maly's of California / Cosmetic Store
    • Western Union / Bank / Credit Union
    • Lollibee Massage Spa / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 2528 S 38Th St

    Year built
    1978
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.53 lot acres
    Zone code
    UCX
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    4205000041
    APU
    4205000041

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 24, 2025 — Tims Property LLC — Deed · related $2.2M · Gbc International Bank
    Aug 1, 2022 — Tims Property LLC — Deed · related $480k · Gbc International Bank
    Aug 20, 2021 $2,450,000 Tims Property LLC Koo Kim Oak Warranty Deed $1.6M · Gbc International Bank
    Jun 23, 2017 — Kim Oak K & Jeon Y H 2013 Trust — Grant Deed · related $3.8M · Bank Of Hope
    Apr 28, 2017 $3,970,000 Kim Oak K & Jeon Y H 2013 Trust Empire Family Investments LLC Warranty Deed $2.3M · Bank Of Hope
    May 24, 2005 — Empire Family Investments LLC Lyon,jeffrey S Quit Claim Deed · related —
    May 11, 2005 — Dyann M Lyon Empire Quit Claim Deed · related —
    — — Empire Family Investments LLC — Deed Of Trust · related $3.4M · Wells Fargo Bank
    — — Empire Partnership — Deed Of Trust · related $1.9M · Heritage Savings Bank Fsb
    — — Empire — Deed Of Trust · related $1.2M · Seafirst Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,335,000
      ML approach
      $2,285,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,210,000
      6.5%
      $2,040,000
      7%
      $1,895,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,900,000
      Current use
      AUTO REPAIR, GARAGE
      $3,605,000
      Change: -8% Conversion: Difficult
      RESTAURANT
      $3,600,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.471
    Latitude
    47.2221
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $26,222
    $839,700
    $1,520,100
    $2,359,800
    -
    $839,700
    $1,520,100
    $2,359,800
    View Listing
    More about this property
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