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Property profile & analytics
OFF-MARKET
Office Spaces
414 St Helens Ave Tacoma, WA 98402-2410
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-1211680
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,274 SF
Lot
0.15 ac (6,500 SF)
Zoning code
DR
APN
2004080030
UPID
US90-1211680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Good Karma Pet Care Kennel & Boarding Facility
-
Tosha's Pet Grooming Pet Grooming Service
-
The Hound Hangout Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Snag R/e Investments LLC · 21 yrs held
Snag R/e Investments LLC
since 2005
7 recorded transactions
Zoning & alternative use
DR · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
DR: Downtown Residential The DR D istrict contains a predominance of mid -rise, higher density, urban residential development, together with places of employment and retail services. The preferred use of the DR District is residential. Retail, office, and educational uses are also allowed. Industrial uses are prohibited. The maximum building height in this d…
Zone name
Downtown Residential
General category
COMMERCIAL
Zone area
245.98 ac
Source
Ordinance Table
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,118
Tax year 2024
Assessed value
$639,900
Assessed 2024
Previous assessed
$639,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$629,900
Assessed improvement
$10,000
Land market value
$629,900
Improvement market value
$10,000
Total market value
$639,900
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
1,274 SF
Lot
0.15 ac (6,500 SF)
Zoning code
DR
APN
2004080030
UPID
US90-1211680
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
DR · Tacoma, WAZoning DR · permitted uses
DR · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
DR: Downtown Residential The DR D istrict contains a predominance of mid -rise, higher density, urban residential development, together with places of employment and retail services. The preferred use of the DR District is residential. Retail, office, and educational uses are also allowed. Industrial uses are prohibited. The maximum building height in this district is 90 feet.
Zone name
Downtown Residential
General category
COMMERCIAL
Zone area
245.98 ac
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Snag R/e Investments LLC
Entity
Mailing address
21615 SNAG IS DR E, LAKE TAPPS, WA 98391-8716
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2017
—
Snag Real Estate Investments LLC
—
Deed
related
$133,000 · Heritage Bank
Jun 6, 2005
—
Snag R/e Investments LLC
Gallucci,ronald & Treia
Warranty Deed
—
Jun 1, 2005
—
Ronald Gallucci
T & R Real Estate Investments
Warranty Deed
—
Jul 5, 2001
$174,510
T Investments
Schwartz,harold W
Grant Deed
$132,000 · Harold W
Sep 24, 1999
$130,301
Harold W Schwartz
Snowbird Properties LLC
Grant Deed
$92,000 · Seller
May 8, 1997
—
Wallace E Christopherson
Strand Investors LLC
Grant Deed
related
—
Sep 20, 1996
$75,000
Strand Investors LLC
Christopherson,wallace E & Sonja
Grant Deed
$50,000 · Seller
Mar 25, 1991
$60,000
Christopherson W E
Unknown
Grant Deed
$60,000 · Seller
—
—
Snag Real Estate Invs LLC
—
Deed Of Trust
related
$73,394 · Heritage Bank
—
—
T Investments
—
Deed Of Trust
related
$180,000 · Pierce Commercial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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