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    Property profile & analytics
    OFF-MARKET Estimated value $1,515,000
    Outlet malls

    4505 19th St, Tacoma, WA 98405-1183

    61,947 SF 14.22 ac lot Built 1980
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US90-0670258
    Property summary
    AI-generated overview

    This exceptional retail opportunity is situated in a prime Tacoma, WA location at 4505 S 19th St, 98405, within a thriving commercial area anchored by a Fred Meyer grocery store. The property boasts a substantial 143,312 square feet of total building space on a generous 14.21-acre lot. The building is classified as Class B and zoned CD, offering significant potential for a variety of retail uses. The property's multiple tenancy structure presents a unique investment opportunity, allowing for diverse income streams. The Pierce County location, with APN 0220017001, provides easy access to major transportation routes and a dense population base. This street retail property is ideal for businesses seeking high visibility and strong foot traffic. The property's size and location make it an attractive investment for both established businesses and new ventures looking to capitalize on the area's robust retail market. The specific zoning designation (CD) should be verified with Pierce County for permitted uses. Further details regarding individual unit sizes and lease terms are available upon request. This is a rare opportunity to acquire a significant retail presence in a high-demand Tacoma location.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1980
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 61,947 SF
    Lot 14.22 ac (619,380 SF)
    Zoning code C2
    APN 220017001
    UPID US90-0670258
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Chase ATM Atm
    • Coinstar Bitcoin ATM Bank Credit Union
    • SNOWFOX Sushi Take-out & Catering
    • BECU ATM Atm
    • Starbucks Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.52M
    Owner & transaction history
    Fm Tacoma Stevens Lh LLC · 5 yrs held
    Fm Tacoma Stevens Lh LLC
    since 2021
    Last sale
    $1.3M
    2 recorded transactions
    2021
    $11.3M
    2021
    $1.3M
    Zoning & alternative use
    C2 · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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