Realmo Analytics

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Financial
Distress signals
Property profile

2621 N Proctor St Tacoma, WA 98407

FOR SALE
Retail space
Property ID
US90-1603578
6,875 SF 0.34 ac lot Built 1924
Last sale Oct 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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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?
$24k
Tax billed · 2024
Assessed value$2.17M
Assessed land$1.36M
Assessed improvement$814k
Effective rate1.11%

Value estimate

· Oct 2026
$1.52M
$1.37M – $1.67M
CAP approach$1.28M
Submarket $/SF estimate$1.68M
NOI build-up
Gross scheduled income$378k
Vacancy & credit loss−$17k
Operating expenses−$108k
NOI · 5.95% cap applied$253k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables17

Cap rate analysis

How does the asset earn?
5.95%
$253k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NCX
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a le...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.2
Bakery11.0
HVAC Service11.0

Location

2621 N Proctor St Tacoma, WA 98407
County assessor Recorded deeds · 3 transfers 17 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2618 Proctor, Tacoma, WA 98407-5226 $1,750,000 Mar 2025 2,844 SF
5102 Winnifred, Ruston, WA 98407-6513 $500,000 Mar 2025 2,496 SF
3917 26th, Tacoma, WA 98407-5202 $2,500,000 May 2024 2,915 SF
2633 Pearl, Tacoma, WA 98407-2416 $38,019,486 Mar 2022 3,273 SF
4818 45th, Tacoma, WA 98407-4326 $390,000 Jan 2022 3,840 SF
3906 34th, Tacoma, WA 98407-5535 $300,000 Jul 2021 2,400 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
6 properties of the same type nearby
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