Financial
Distress signals
Property profile

808 2Nd St Tacoma, WA 98403

FOR SALE
Other office properties
Property ID
US90-1471433
2,044 SF 0.07 ac lot Built 1985
Last sale May 2017 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This professional office building was upgraded in 2020 and includes two office suites and two modern bathrooms. A front common area has high-tech cabling. Heating and cooling are provided by two mini-split units. The interior features a large conference area with a kitchenette and French doors that open to a partially covered, large back deck. Building access includes secured entry with keypad, an ADA ramp, and an installed security system (currently nonoperational). The property provides

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$576k
Assessed land$157k
Assessed improvement$419k
Effective rate1.11%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

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

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$171 – $617
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?
NCX
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a le...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.0
Furniture Store9.0
Veterinary Clinic7.9

Location

808 2Nd St Tacoma, WA 98403
County assessor Recorded deeds · 3 transfers 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
917 2nd, Tacoma, WA 98403-3909 $600,000 Apr 2025 2,424 SF
2201 30th, Tacoma, WA 98403-3361 $1,617,500 Jun 2021 2,824 SF
806 2nd, Tacoma, WA 98403-1929 $335,000 Oct 2019 1,772 SF
2101 30th, Tacoma, WA 98403-3318 $425,000 May 2019 2,048 SF
1019 Division, Tacoma, WA 98403-1633 $940,000 Apr 2019 2,280 SF
2044 6th, Tacoma, WA 98403-1045 $339,719 Sep 2018 1,486 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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