Property profile

602 K St Tacoma, WA 98403

OFF-MARKET
Retail space
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Property ID
US90-0832156
2,900 SF 0.15 ac Built 1903
Last sale Apr 1999·$180,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ 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?
$5k
Tax billed · 2024
Assessed value$439k
Assessed land$294k
Assessed improvement$144k
Effective rate1.11%

Value estimate

· Nov 2026
$445k
$401k – $490k
AI approach$445k
CAP approach$535k
Submarket $/SF estimate$521k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$153 – $471
Qualifying comparables6

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?
C1
C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, an...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.9
Optical Shop8.7
Catering Service8.6

Location

602 K St Tacoma, WA 98403-1714
County assessor Recorded deeds · 1 transfer 6 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
649th Division, Tacoma, WA 98403 $19,000,000 Feb 2025 20,120 SF
118 Tacoma, Tacoma, WA 98403-2632 $2,000,000 Nov 2022 4,395 SF
213 I, Tacoma, WA 98403-1925 $540,000 Aug 2021 1,250 SF
1312 I, Tacoma, WA 98403-2118 $336,200 Apr 2020 2,238 SF
2315 6th, Tacoma, WA 98403-1050 $1,799,500 Dec 2019 5,600 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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