Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    601 1st St Tacoma, WA 98403-2221

    • Banks
    • 3,055 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2024
    Location Intelligence
    Property ID
    US90-0422580
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stadium Station TOD Area / Metropolitan Train Company

    Property Details for 601 1st St

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    3,055 SF
    Zone code
    NCX
    Property type
    Banks
    APN
    2031120050
    APU
    2031120050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.449
    Latitude
    47.2644
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,852
    $920,100
    $326,000
    $1,246,100
    -
    $920,100
    $326,000
    $1,246,100

    Comparable in this City

    • Value Estimation by Request
      2,988 SF

      809 Division Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,988 SF
      809 Division Ave, Tacoma, WA 98403
      View Details
    • Value Estimation by Request
      6,100 SF

      2215 6th Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,100 SF
      2215 6th Ave, Tacoma, WA 98403-1048
      View Details
    • Value Estimation by Request
      4,500 SF

      2121 30th St

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      2121 30th St, Tacoma, WA 98403-3318
      View Details
    • Value Estimation
      $305,000
      1,970 SF

      2202 6th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,970 SF
      2202 6th Ave, Tacoma, WA 98403-1049
      View Details
    • Value Estimation
      $460,000
      2,164 SF

      817th Division Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,164 SF
      817th Division Ave, Tacoma, WA 98403
      View Details
    • Value Estimation by Request
      2,880 SF

      219 St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      219 St, Tacoma, WA 98403
      View Details

    Similar Nearby for Sale

    • $991,070

      Tacoma Land with Redevelopment Potential

      Two parcels in thriving 6th Ave District with redevelopment potential.
      804 State St, Tacoma, WA 98403
      View Details
    • $999,000
      4,164 SF

      Updated Mixed-Use Building in Tacoma

      4,166 SF mixed-use building on 10,650 SF lot for sale.
      3599 S G St, Tacoma, WA 98403
      View Details
    • $1,775,000

      Stadium District Mansion Apartments

      Charming apartment building in prime location with significant rent growth potential.
      523 Tacoma Ave, Tacoma, WA 98403
      View Details
    • $445,980

      Tacoma Corner Lot with Building

      3504 SF building on corner lot in thriving district.
      804 N State St, Tacoma, WA 98403
      View Details
    • $850,000

      Oversized Corner Lot with Bay Views

      Rare corner lot in Old Town Tacoma with development potential.
      2801 N Mccarver St, Tacoma, WA 98403
      View Details
    • $3,250,000

      North Tacoma Apartment Investment Opportunity

      Meticulously maintained 14-unit apartment building in desirable North Tacoma location.
      1002 N J St, Tacoma, WA 98403
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      4,395 SF

      Retail Space Near Stadium Thriftway

      4,300 SF retail space with high visibility and great co-tenants.
      118 N Tacoma Ave, Tacoma, WA 98403
      View Details
    • $32 SF/Yr
      4,920 SF

      Renovated Retail Space in Tacoma

      Renovated retail space in Tacoma's historic Stadium District.
      15 N Tacoma Ave, Tacoma, WA 98403
      View Details
    • Contact for pricing
      14,022 SF

      Tacoma Retail Space Available

      Retail property available for lease in Tacoma, Washington.
      633-649 Division Ave, Tacoma, WA 98403
      View Details
    • $20 SF/Yr
      34,506 SF

      Tacoma CBD Office Space Available

      Modern office space in Tacoma CBD with convenient access.
      1001-1005 Pacific Ave, Tacoma, WA 98403
      View Details
    • $24 SF/Yr
      2,747 SF

      Office Space with Puget Sound Views

      Office suites available near downtown Tacoma with secured parking.
      1 Tacoma Ave N, Tacoma, WA 98403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    601 1st St
    Tacoma, WA 98403-2221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.