Property profile

4326 S Union Ave Tacoma, WA 98409

FOR SALE
Flex space
Property ID
US90-3065577
0.14 ac lot Built 2000
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.14-acre industrial land parcel, located at 4326 South Union Avenue in Tacoma, Washington, presents a unique investment opportunity. Priced at $350,000, this property boasts 6,161 square feet of usable space and is conveniently situated with direct access to South Tacoma Way and Interstate 5, providing excellent transportation links. The lot is fully fenced and secured, featuring a paved surface for ease of access and maneuverability. A significant advantage is the presence of an on-site truck scale, ideal for businesses requiring precise weight measurements. Utility connections are readily available on Union Avenue, simplifying the setup process for any prospective tenant or owner. The property is zoned M1 - Light Industrial, allowing for a variety of potential uses. Furthermore, seller financing is available, making this an even more attractive proposition for qualified buyers. This prime location in Pierce County, WA, zip code 98409, offers unparalleled convenience and accessibility, making it an ideal site for various light industrial operations. Don't miss this chance to acquire a well-positioned and functional industrial property in a thriving Tacoma location.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2000
Construction WOOD FRAME
Lot 0.14 ac (5,899 SF)
Zoning code CIX
APN 2890000723
UPID US90-3065577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4326 S Union Ave Tacoma, WA 98409
Tacoma metro Census 62600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
Last sale
$275,000
7 recorded transactions
2025
$275,000
2020
$170,000
2019
$160,922
2017
$145,000
2004
$50,000
1998
$50,000
1991
$33,700

Zoning & alternative use

CIX · Tacoma, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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