Financial
Distress signals
Property profile

2801 78Th Ave E Fife, WA 98424

FOR LEASE
Flex space
Property ID
US90-2857674
250,490 SF 12.52 ac lot Built 2016
Last sale Apr 2018 · $37,250,000
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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2801 78Th Ave E, Fife, WA 98424 For Lease
Contact for pricing 250,490 SF available
2801 78Th Ave E, Fife, WA 98424
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Property summary

AI-generated overview

This commercial property is located in Fife, Washington and has a total area of 250,490 square feet. It is classified under specialty properties and other specialty properties. The property is offered in a net lease (NNN) structure, with operating expense items noted as to be determined.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$322k
Tax billed · 2024
Assessed value$35.06M
Assessed land$11.16M
Assessed improvement$23.90M
Effective rate0.92%

Value estimate

· Sep 2026
$30.57M
$27.51M – $33.62M
CAP approach$41.26M
Submarket $/SF estimate$30.69M
NOI build-up
Gross scheduled income$3.91M
Vacancy & credit loss−$309k
Operating expenses−$1.08M
NOI · 387,578,153.85% cap applied$2.52M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$107 – $379

Cap rate analysis

How does the asset earn?
387,578,153.85%
$2.52M estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Restaurant15.1
Law Firm13.5

Location

2801 78Th Ave E Fife, WA 98424
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
507 Levee E, Tacoma, WA 98424 $18,250,000 Feb 2025 109,564 SF
6423 Pacific E, Fife, WA 98424-1537 $1,650,000 Nov 2021 2,422 SF
1108 54th E, Fife, WA 98424-2733 $4,800,000 Jun 2019 8,960 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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