Property profile

5801 Sprague Ct Tacoma, WA 98409

OFF-MARKET
Retail space
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Property ID
US90-1442012
14,033 SF 0.34 ac Built 1995
Trust Owned Owner of record is a trust. 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$18k
Tax billed · 2024
Assessed value$1.60M
Assessed land$374k
Assessed improvement$1.22M
Effective rate1.11%

Value estimate

· Nov 2026
$765k
$689k – $842k
Submarket $/SF estimate$2.07M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$136 – $283
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger mark...
General categoryMIXED_USE
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 agency32.0
Law Firm24.7
Wholesale Shop23.8

Location

5801 Sprague Ct Tacoma, WA 98409-6903
County assessor Recorded deeds · 2 transfers 5 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4009 56th, Tacoma, WA 98409-2609 $1,900,000 Jan 2026 7,200 SF
5252 Washington, Tacoma, WA 98409-2712 $1,700,000 Oct 2024 5,350 SF
3002 Mullen, Tacoma, WA 98409-2346 $1,450,000 May 2024 6,700 SF
5219 Tacoma Mall, Tacoma, WA 98409 $13,422,950 Jan 2024 5,800 SF
6610 Tacoma Mall, Tacoma, WA 98409-9086 $7,236,429 Jan 2023 22,080 SF
3505 Tacoma, Tacoma, WA 98409-4741 $1,335,000 Jan 2022 7,322 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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