This exceptional retail property, located at 7250 Pacific Ave in Tacoma, WA 98408, presents a significant investment opportunity. The property boasts a total building size of 142,526 square feet situated on an expansive 11.69-acre lot. The single-story building, constructed in 1973, is classified as Class B and features multiple tenancies. The property is conveniently located off Pacific Avenue and S 72nd St, benefiting from exceptional daily traffic counts. Pacific Avenue sees an average daily traffic of 20,425 vehicles, while S 72nd St experiences 20,445 vehicles daily. This prime location offers excellent visibility and accessibility for businesses. The property includes ample parking and is in close proximity to Interstate 5, ensuring convenient access for customers and employees. Utilities include power. The Pierce County Assessor's Parcel Number (APN) is 7850000041. While elevators are not present, the single-story design promotes easy navigation. This well-positioned retail center offers a compelling opportunity for investors seeking a strong foothold in a thriving Tacoma market. The property's size, location, and high traffic counts make it an ideal investment for a variety of retail businesses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$14,125,200
Retail / Commercial
$7,335,430
Mixed-Use / Specialty
$7,381,860
Hospitality / Lodging
$5,510,340
Office
$7,413,610
Institutional / Educational
$7,700,100
Residential Income
$9,009,120
Multifamily
$10,402,700
Automotive / Energy
$6,600,090
Parking / Income-Based Land
$2,205,900
Restaurant / Food Service
$3,994,270
Healthcare / Senior Housing
$7,495,530
Location Insight
City
Tacoma
County
Pierce
State
Washington
Latitude
47.189
Longitude
-122.435
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Pacific Ave Tacoma, WA 98408
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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