Property profile & analytics
902 10th St Tacoma, WA 98405-4537
- Office properties & Spaces
- 7,552 SF
- 0.22 lot acres
OFF-MARKET
Value Estimations
$1,585,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US90-0895908
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
- Corey Barbara / Law Firm
- Beverly Grant Law Firm P.S. / Law Firm
- Sync Garage Door Repair / General Contractor
- Hendry Law / Law Firm
- Burns Dennis / Law Firm
Property Details for 902 10th St
- Year built
- 1972
- Construction
- WOOD FRAME
- Lot size
- 0.22 lot acres
- Property size
- 7,552 SF
- Zone code
- R5
- Property type
- Office properties & Spaces
- APN
- 2010180011
- APU
- 2010180011
Description
This exceptional 0.15-acre vacant land parcel presents a remarkable investment opportunity in the heart of downtown Tacoma, Washington. Located at 902 S 10th St, 98405, this property is zoned Tacoma-RCX Residential Commercial Mixed-Use, offering unparalleled flexibility for a diverse range of development projects. The site's central location ensures high visibility and accessibility, making it ideal for a variety of uses. Potential projects could include the construction of single-family homes, multi-family residential buildings, or commercial ventures. The property's flat topography simplifies development, minimizing site preparation costs. Given its prime location and flexible zoning, this land is perfectly positioned to capitalize on Tacoma's thriving urban environment. The asking price is $1,000,000. This is a unique chance to acquire a highly desirable piece of land in a rapidly growing area, offering significant potential for substantial returns. The property's 0.15-acre size provides ample space for a variety of development plans, while its central location ensures easy access to local amenities and transportation networks. Don't miss this chance to shape the future of downtown Tacoma.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,735,000
- 6.5%
- $1,605,000
- 7%
- $1,490,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,857,000
- AI Estimate
- $1,296,000
Market price range: $1.21M - $2.49MMarket price range: $508k - $1.89M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,675,000 Current use
- RETAIL STORES
- $2,280,000 Change: +36% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,265,000 Change: +35% Conversion: Difficult
- MEDICAL BUILDING
- $1,850,000 Change: +10% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,670,000 Change: -0% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.449
- Latitude
- 47.2531
- 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
$16,628
$367,200
$1,128,900
$1,496,100
-
$367,200
$1,128,900
$1,496,100
