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    Property profile & analytics
    OFF-MARKET Estimated value $900,000
    Office Spaces

    5631 Tacoma Mall Blvd, Tacoma, WA 98409-6901

    6,836 SF 0.33 ac lot Built 1972
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US90-2416396
    Property summary
    AI-generated overview

    This exceptional 6,836 square foot commercial property, located at 5631 Tacoma Mall Blvd in Tacoma, WA 98409, presents a compelling investment opportunity. The building, constructed in 1972 and classified as Class B, is zoned C-2 Commercial, offering significant flexibility for various uses. Currently configured as executive office space, the property boasts 1,308 square feet of vacant space, presenting immediate owner-user potential or the possibility of expansion. The strategic location just south of the Tacoma Mall provides incredible visibility, benefiting from high traffic counts: 187,865 vehicles daily on I-5 and 12,407 vehicles daily on Tacoma Mall Boulevard. This high visibility makes it an ideal location for a variety of businesses. Beyond its current use, the property offers significant redevelopment potential. The C-2 zoning allows for a range of possibilities, including a coffee drive-thru or other retail establishments. The asking price for this versatile property is $985,000. This presents a rare chance to acquire a well-situated commercial property with immediate income potential and significant long-term upside. Don't miss this opportunity to own a piece of prime Tacoma real estate.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1972
    Construction WOOD FRAME
    Total area 6,836 SF
    Lot 0.33 ac (14,584 SF)
    Zoning code C2
    APN 9340001080
    UPID US90-2416396
    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
    • Edison Electricians of Tacoma Electrical Service General Contractor
    • Duke N. Bui, DDS, PS Dental Office
    • C & S Beauty Bar Hair Salon Nail Salon
    • Lash, Ink. Medical Clinic Skin Care Clinic
    • Waking Up Pretty Medical Clinic Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $900k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.24M
    Blend (final) Blend
    $900k
    Owner & transaction history
    Whalley Holdings Four LLC · 1 yrs held
    Whalley Holdings Four LLC
    since 2024
    Last sale
    $900,000
    6 recorded transactions
    2025
    2024
    $900,000
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C2 · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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