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    Property profile & analytics

    2602 Pearl St Tacoma, WA 98407-2417

    • Grocery and convenience stores
    • 2,016 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $1,500,000
    Last Sale
    Aug 24, 2020
    $1,508,200
    Location Intelligence
    Property ID
    US90-1154343
    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

    • 76 / Lottery Retailer / Propane Supplier
    • CoinFlip Bitcoin ATM / Atm / Investment Service
    • My Goods Market / Convenience Store / Gas Station
    • Rocket / Convenience Store / Atm
    • ATM (Circle K) / Atm

    Property Details for 2602 Pearl St

    Year built
    1995
    Construction
    WOOD FRAME
    Lot size
    0.52 lot acres
    Property size
    2,016 SF
    Zone code
    CCX
    Property type
    Grocery and convenience stores
    APN
    221356005
    APU
    221356005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,560,000
      6.5%
      $1,455,000
      7%
      $1,390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,595,000
      Geo Method
      $1,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,630,000
      Retail
      $1,650,000
      Mixed-Use
      $1,615,000
      Hospitality
      $1,655,000
      Educational
      $1,380,000
      Residential Income
      $1,595,000
      Energy
      $1,425,000
      Income-Based Land
      $1,460,000
      Food Service
      $1,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.516
    Latitude
    47.2714
    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
    $13,850
    $735,700
    $510,200
    $1,245,900
    -
    $735,700
    $510,200
    $1,245,900

    Comparable in this City

    • Value Estimation
      $1,275,000
      1,368 SF

      4602 Pearl St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,368 SF
      4602 Pearl St, Tacoma, WA 98407-2926
      View Details
    • Value Estimation
      $385,000
      1,650 SF

      5725 46th St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,650 SF
      5725 46th St, Tacoma, WA 98407
      View Details
    • Value Estimation
      $6,020,000
      2,214 SF

      3124 26th St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,214 SF
      3124 26th St, Tacoma, WA 98407-6352
      View Details
    • Value Estimation
      $385,000
      2,420 SF

      5043 Pearl St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,420 SF
      5043 Pearl St, Ruston, WA 98407-3121
      View Details
    • Value Estimation
      $340,000
      2,244 SF

      2601 Stevens St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,244 SF
      2601 Stevens St, Tacoma, WA 98407-4636
      View Details
    • Value Estimation
      $1,865,000
      1,248 SF

      5744 26th St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,248 SF
      5744 26th St, Tacoma, WA 98407-2409
      View Details

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    • Contact for pricing

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    Similar Nearby for Lease

    • $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
    • $35 SF/Yr
      200,000 SF

      Ruston Shops Retail Space Available

      Prime Ruston retail space, multiple units.
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      View Details
    • $19 SF/Yr
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      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
      View Details
    • $32 SF/Yr
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      Finished Office Building in Tacoma

      Turn-key office space with unique features in North Tacoma.
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      View Details
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    Tacoma, WA 98407-2417
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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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