12821 Pacific AveParkland, WA 98444

Property Details for 12821 Pacific Ave

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.87 AC

Property size (Sq ft)

3,200 SF

Zone code

ROC

Property type

Drive through restaurants

APN

319166016

APU

319166016

Description

This exceptional retail storefront opportunity is located in the vibrant Parkland area of Tacoma, Washington, within the Parkland Building at 12821 Pacific Ave S, zip code 98444. The property is a multi-tenant building offering a total of 3,350 square feet, with 1,350 square feet currently available for lease. This space presents a fantastic chance for businesses seeking high visibility and convenient access in a thriving community. The building's location on Pacific Avenue S ensures excellent exposure to a steady stream of vehicular and pedestrian traffic. The property is situated in Pierce County, Washington, offering easy access to major transportation routes and a diverse customer base. This is an ideal space for a variety of retail businesses looking to establish or expand their presence in the Tacoma market. The available 1,350 square feet provides ample room for a wide range of retail concepts, offering flexibility in layout and design to suit individual business needs. The property's location within the Parkland Building provides a professional and well-maintained environment, contributing to a positive customer experience. Don't miss this opportunity to secure a prime retail space in a desirable Tacoma location. Contact us today to schedule a viewing and discuss lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,272,914

  6.5%

  $1,174,998

  7%

  $1,091,069

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,162,474

  Geo Method

  $1,552,965

• Alternative Use

  Use

  Valuation

  Residential

  $991,154

  Hospitality

  $907,892

  Educational

  $755,356

  Medical

  $781,333

  Retail

  $1,174,998

Location Insight

City

Tacoma

County

Pierce

State

Washington

Latitude

47.1405

Longitude

-122.434

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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