Property profile

940 Market St Tacoma, WA 98402

OFF-MARKET
Parking lots & garages
Property ID
US90-0954742
139,200 SF 1.24 ac lot Built 1919
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1919
Construction CONCRETE
Total area 139,200 SF
Lot 1.24 ac (54,014 SF)
Zoning code DCC
APN 2009080051
UPID US90-0954742

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

940 Market St Tacoma, WA 98402-3605
Tacoma metro Census 61601 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$29.02M

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2020
Price N/A

Zoning & alternative use

DCC · Tacoma, WA
Zoning description

same uses prohibited in the DCC D istrict are also prohibited in the DMU District. The maximum building height in this district is 100 feet. DR: Downtown Residential The DR D istrict contains a predominance of mid -rise,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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