1938 Milwaukee WayTacoma, WA 98421

  • Warehouses
  • 3,900 SF
For Lease
$21.12/SF/YR View listing

Property Details for 1938 Milwaukee Way

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.88 AC
Property size (Sq ft)
3,900 SF
Zone code
PMI
Property type
Warehouses
APN
6970000040
APU
6970000040

Description

This exceptional 5,950 square foot industrial warehouse, situated on a 0.88-acre lot at 1938 Milwaukee Way in the Port of Tacoma, presents a compelling investment opportunity. The property boasts a single-tenant occupancy and features two dock-high doors, substantial power capacity, and a secure, fenced contractor yard providing ample storage space. The building's construction allows for a variety of industrial uses, making it suitable for a wide range of businesses. Zoned PMI, this versatile space is perfect for companies involved in HVAC sales and service, plumbing, roofing, electrical work, equipment sales and service, scaffolding, semi-truck parking and repair, fencing, or general contracting. The strategic location within the Port of Tacoma offers unparalleled access to transportation networks and a thriving industrial community. This property is available for sale or lease, presenting a unique chance to acquire a well-maintained, functional warehouse in a prime industrial area. The ample yard space and dock-high doors ensure efficient loading and unloading operations, while the robust power supply caters to the needs of various industrial applications. The property's zoning allows for flexibility in its use, making it an attractive option for a variety of potential tenants or owner-occupiers. The Pierce County location and proximity to the Port of Tacoma provide significant logistical advantages.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,207,969
    Hospitality
    $1,106,494
    Educational
    $920,590
    Medical
    $952,250
    Retail
    $1,432,028
1938 Milwaukee Way, Tacoma, Washington

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2541
Longitude
-122.405
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
$14,721
$970,600
$353,800
$1,324,400
-
$970,600
$353,800
$1,324,400

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