Industrial Property for Sale in Tacoma, WA

  • Price: $3.1M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Tacoma, WA 98421

Description

1.67 Acre Rail-Served Property in Downtown Tacoma Situated along the railroad tracks in the heart of Tacoma, this property benefits from convenient rail access that enhances its logistical capabilities for businesses engaged in import and export activities. Its prime location offers excellent connectivity to major transportation routes and is essential to the current tenant’s operations.

Market Context

This industrial in Tacoma, WA is listed for sale at $3,100,000. It has been on the market for 147 days. Compare it against other industrial listings for sale in Tacoma, WA — <a href="/search/sale/industrial/washington/tacoma">view the full market</a>.

As of Q4 2024, the Seattle / Bellevue industrial market showed a 9.7% vacancy rate, average asking rents near $12.84/SF/yr, rents up 9.1% year over year, and cap rates around 5.2%. Source: Consensus Q4 2024 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Seattle / Bellevue?
About 5.2% as of Q4 2024, per Consensus.
Is the Seattle / Bellevue industrial market tightening or softening?
Vacancy is around 9.7%, with asking rents rising year over year (Q4 2024).

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