7250 Pacific AveTacoma, WA 98408

  • Land
  • 0.60 AC
For Lease

Property Details for 7250 Pacific Ave

Lot size
0.60 AC
Zone code
CCX
Property type
Land
Property subtype
Commercial land
APN
7850000484
APU
7850000484

Description

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
    Residential
    $8,111,360
    Hospitality
    $7,429,962
    Educational
    $6,181,641
    Medical
    $6,394,237
    Retail
    $9,615,886
7250 Pacific Ave, Tacoma, Washington

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

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
$4,645
$417,200
-
$417,200
-
$417,200
-
$417,200

FAQs

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