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521 Martin Luther King Jr. Way
Off-Market
521 Martin Luther King Jr. Way, Tacoma, WA 98405
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - Medical Office
- Property Size 30,504 SF
- Lot Size 4.24 Acre
- Parking Spaces Avail. 430
- Parking Ratio 14.10/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1964
False
Location
- City Tacoma, WA
- Neighborhood New Tacoma
- Zip Code 98405
- Market Seattle
Contacts
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Owner
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Tacoma
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Asking Rents in Tacoma Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $25.46
- 2020 Office Vacancy Rate 6.49%
- 2020 Office Completions (SF)
Tax
- Base Tax $179,567
- Market Value* $15,696,500
- Assessed Value $15,696,500
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 521 Martin Luther King Jr. Way?
521 Martin Luther King Jr. Way totals 30,504 square feet.
When was this property built?
521 Martin Luther King Jr. Way was built in 1964.
When was 521 Martin Luther King Jr. Way last sold?
521 Martin Luther King Jr. Way was last sold on 04 Jan, 1994.
What is the market value for 521 Martin Luther King Jr. Way?
The market value* for 521 Martin Luther King Jr. Way in 2022 was $15,696,500.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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