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    Property profile & analytics

    2601 Pearl St Tacoma, WA 98407-2416

    • Strip malls
    • 5,118 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 31, 2022
    $38,019,486
    Location Intelligence
    Property ID
    US90-2957687
    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.

    Current Use by Public Records

    • The Habit Burger Grill / Hamburger Restaurant / Fast Food Restaurant
    • Big Chicken / Fast Food Restaurant / Chicken Restaurant
    • Westgate North Shopping Center / Business Center

    Property Details for 2601 Pearl St

    Year built
    2017
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.43 lot acres
    Property size
    5,118 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    7045000317
    APU
    7045000317

    Description

    Westgate North, a single-story, 7,819 square foot retail shopping center in Tacoma, WA, presents a unique investment opportunity. The property, located at 2601 N Pearl St, 98407, is situated in the CBA North Tacoma submarket of Pierce County and boasts a prime location on Pearl Street (Highway 163), enjoying high visibility with over 23,000 cars passing daily. The entire 7,819 square feet is currently vacant, offering flexible space options ranging from a minimum of 1,602 square feet to a maximum contiguous space of 3,417 square feet. The property's zoning is CCX. Its strategic location benefits from proximity to Point Defiance Park and Zoo & Aquarium, attracting an estimated 700,000 visitors annually. The center is part of a high-density neighborhood with above-average household incomes, creating a strong potential customer base. The property consists of one building and features multiple tenancy options. The APN numbers are 7045000158

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.515
    Latitude
    47.2715
    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
    $55,602
    $1,886,500
    $3,118,500
    $5,005,000
    -
    $1,886,500
    $3,118,500
    $5,005,000

    Comparable in this City

    • Value Estimation by Request
      6,299 SF

      2624 Pearl St

      SHOPPING CENTER, STRIP CENTER • 6,299 SF
      2624 Pearl St, Tacoma, WA 98407-2417
      View Details
    • Value Estimation by Request
      9,051 SF

      5701 26th St

      SHOPPING CENTER, STRIP CENTER • 9,051 SF
      5701 26th St, Tacoma, WA 98407-2408
      View Details
    • Value Estimation by Request
      30,116 SF

      2631st N Pearl St

      SHOPPING CENTER, STRIP CENTER • 30,116 SF
      2631st N Pearl St, Tacoma, WA 98407
      View Details
    • Value Estimation by Request
      5,158 SF

      2665th N Pearl St

      SHOPPING CENTER, STRIP CENTER • 5,158 SF
      2665th N Pearl St, Tacoma, WA 98407
      View Details
    • Value Estimation by Request
      8,500 SF

      2719 Pearl St

      SHOPPING CENTER, STRIP CENTER • 8,500 SF
      2719 Pearl St, Tacoma, WA 98407-2418
      View Details
    • Value Estimation
      $1,485,000
      3,450 SF

      3401 Proctor St

      SHOPPING CENTER, STRIP CENTER • 3,450 SF
      3401 Proctor St, Tacoma, WA 98407-5542
      View Details

    Similar Nearby for Sale

    • $4,250,000
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      Proctor St. Retail Redevelopment

      Tacoma Storefront: Huge Redevelopment Potential
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    • $2,200,000

      Proctor Street Restaurant - Tacoma

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      Established Taco Del Mar Franchise

      Thriving Taco Shop, Turnkey Operation
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      Tacoma Office Building For Sale

      Office building available for purchase in Tacoma, Washington.
      5954 N 26Th St, Tacoma, WA 98407
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    • $7,900,000

      Residential Land with View Lots

      Land with gated access, view lots, and completed plans.
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    • Contact for pricing

      Development Parcels in Ruston, Tacoma

      20 development parcels available in Ruston and Tacoma, Washington.
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    Similar Nearby for Lease

    • $35 SF/Yr
      200,000 SF

      Ruston Shops Retail Space Available

      Prime Ruston retail space, multiple units.
      5105 Main St, Ruston, WA 98407
      View Details
    • $38 SF/Yr
      2,196 SF

      Retail Space Available For Rent

      Retail space available for lease in Tacoma, Washington.
      2624 N Pearl St, Tacoma, WA 98407
      View Details
    • $19 SF/Yr
      1,680 SF

      Office Space with Free Parking

      Office space for rent with easy access and free parking.
      5219 N Shirley St, Ruston, WA 98407
      View Details
    • $3,950 /Mo
      2,276 SF

      North End Craftsman Home For Rent

      Charming 4-bedroom Craftsman in Tacoma's North End, available for rent.
      3617 N Verde St, Tacoma, WA 98407
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    • $32 SF/Yr
      1,960 SF

      Finished Office Building in Tacoma

      Turn-key office space with unique features in North Tacoma.
      5104 N Pearl St, Tacoma, WA 98407
      View Details
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    Tacoma, WA 98407-2416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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