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    FOR SALE
    Office Spaces

    902 South 10Th St, Tacoma, WA 98405

    7,552 SF 0.22 ac lot Built 1972
    Individually Owned ~ Est. High Equity
    Property ID
    US90-0895908
    902 South 10Th St, Tacoma, WA 98405 For Sale
    $1,650,000 7,552 SF
    902 South 10Th St, Tacoma, WA 98405
    View Listing →
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1972
    Construction WOOD FRAME
    Total area 7,552 SF
    Lot 0.22 ac (9,750 SF)
    Zoning code R5
    APN 2010180011
    UPID US90-0895908
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.61M
    Comparable Approach Comparable
    $1.86M
    Blend (final) Blend
    $1.59M
    Owner & transaction history
    Stephen K Causseaux
    Stephen K Causseaux
    2 recorded transactions
    1969
    1969
    Zoning & alternative use
    R5 · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.3M +36.2%
    Warehouse, storage $2.3M +35.1%
    Medical building $1.9M +10.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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