Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3105 FRANK ALBERT RD E, FIFE, WA 98424, PIERCE COUNTY FIFE, WA 98424
    Back to Search
    Property profile & analytics

    3105 FRANK ALBERT RD E, FIFE, WA 98424, PIERCE COUNTY FIFE, WA 98424

    View on Map
    • Industrial properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 3105 FRANK ALBERT RD E, FIFE, WA 98424, PIERCE COUNTY

    Property type
    Industrial properties

    Description

    CLASS A INDUSTRIAL BUILDING DELIVERY 1st Q 2021 1,071,287 SF 36’ clear-height 213 dock-doors 4 grade-doors POWER 3,000 AMPS, 3-phase 532 car parking 579 dedicated trailer stalls ESFR sprinklers ABILITY to secure site EXCELLENT ACCESS to I-5/Port of Tacoma

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    FIFE
    County
    State
    Washington
    Longitude
    -122.357
    Latitude
    47.2381

    Comparable in this City

    • Value Estimation by Request

      965 54th E Ave, Unit 3712

      INDUSTRIAL (GENERAL)
      965 54th E Ave, Tacoma, WA 98424-2729
      View Details
    • Value Estimation by Request
      0.25 Acres

      5302 4th E St

      INDUSTRIAL (GENERAL) • 0.25 Acres
      5302 4th E St, Tacoma, WA 98424-2707
      View Details
    • Value Estimation by Request
      0.51 Acres

      3441 12th E St

      INDUSTRIAL (GENERAL) • 0.51 Acres
      3441 12th E St, Fife, WA 98424-1122
      View Details
    • Value Estimation by Request

      2935 70th E Ave

      INDUSTRIAL (GENERAL)
      2935 70th E Ave, Tacoma, WA 98424-3607
      View Details
    • Value Estimation by Request

      3110 70th E Ave

      INDUSTRIAL (GENERAL)
      3110 70th E Ave, Fife, WA 98424-3608
      View Details
    • Value Estimation by Request

      4101 Industry Dr E Ste D

      INDUSTRIAL (GENERAL)
      4101 Industry Dr E Ste D, Tacoma, WA 98424-1831
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,754 SF

      Fife Warehouse with I-5 Visibility

      Fife warehouse with I-5 visibility, floor drains, shop with yard.
      6407 20Th St E, Fife, WA 98424
      View Details
    • $1,200,000
      Pending

      Fife Warehouse and Residence

      Warehouse/Commercial property with residence on a nearly one-acre corner lot.
      6216 20Th St E, Fife, WA 98424
      View Details
    • $1,350,000

      Fife Contractor Yard For Sale

      Fenced and secure contractor yard with office/shop in Fife.
      4323 70Th Ave East, Fife, WA 98424
      View Details
    • $1,100,000
      33,106 SF

      Fife Land with Shop Structure

      33,106 SF site with shop, zoned City Center North.
      6214 16Th St E, Fife, WA 98424
      View Details
    • Contact for pricing

      Remodeled Office Suite in Fife

      Recently remodeled office suite with I-5 access and ample parking.
      3077 20Th St E, Fife, WA 98424
      View Details
    • Contact for pricing
      6,065 SF

      Fife Commercial Building with Parking

      Commercial building in Fife with ample parking and recent renovations.
      5303 Pacific Hwy E, Fife, WA 98424
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      38,020 SF

      Fife Industrial Property For Rent

      Industrial property available for lease in Fife, Washington.
      3900C2 Industry Dr East, Fife, WA 98424
      View Details
    • Contact for pricing
      19,550 SF

      Fife Industrial Space Available Soon

      Industrial property in Fife, WA, available May 1, 2024.
      3985 70Th Ave E, Fife, WA 98424
      View Details
    • Contact for pricing
      1,575 SF

      Fife Warehouse Space Available

      1575 SF warehouse space for lease in Fife, Washington.
      4706 20Th St East, Fife, WA 98424
      View Details
    • Contact for pricing
      10,912 SF

      Fife Warehouse Space Available

      52,039 SF warehouse/industrial space for lease in Fife, WA.
      4918 20Th St E, Fife, WA 98424
      View Details
    • Contact for pricing
      23,859 SF

      Fife Warehouse Space Available

      23,859 SF warehouse space for lease in Fife.
      4200C Industry Dr East, Fife, WA 98424
      View Details
    • Contact for pricing
      83,420 SF

      Fife Warehouse Space Available

      83,420 square foot warehouse space for lease in Fife.
      2507 Frank Albert Rd E, Fife, WA 98424
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3105 FRANK ALBERT RD E, FIFE, WA 98424, PIERCE COUNTY
    FIFE, WA 98424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3105 FRANK ALBERT RD E, FIFE, WA 98424, PIERCE COUNTY, FIFE, WA, 98424
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!