13617 A Street S

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13617 A Street S

Tacoma, WA 98444
Asking Price
$3.20M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Tacoma
  • Prime development site designated for potential multifamily use
  • Located at 13617 A Street S in Washington
  • The property is listed at an asking price of 3,200,000
  • Strategic position provides access to major regional transit routes

What's Special

Tacoma continues to serve as a vital economic engine within the Puget Sound region, attracting steady investment due to its strategic position along the I-5 corridor. This commercial land parcel, situated at 13617 A Street S, presents a significant development site for investors and builders seeking a foothold in this growing market. Given the character of the surrounding area and its proximity to major regional transit routes, the location is well-positioned for high-density residential projects or multifamily developments. The site offers the necessary physical footprint to accommodate substantial construction, aligning with the current demand for additional housing inventory in the Tacoma metropolitan area. Developers looking for a strategic project in a key suburban pocket of Washington will find this location provides a functional foundation for multi-unit residential planning. Its placement offers access to established local infrastructure, making it a viable candidate for large-scale urban or suburban infill strategies intended to address ongoing regional expansion.

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

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