Property profile

7654 40th W St University Place, WA 98466

OFF-MARKET
Apartment buildings
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Property ID
US90-1383668
7,472 SF 2.79 ac Built 1972
Last sale Jul 2021·$9,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$125k
Tax billed · 2024
Assessed value$10.44M
Assessed land$4.13M
Assessed improvement$6.31M
Effective rate1.20%

Value estimate

· Nov 2026
$9.70M
$8.73M – $10.66M
AI approach$9.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$207/SF
Submarket average, outlier-cleaned · 376 recorded sales of this use type
Observed band · Q1–Q3$139 – $345

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MF
Multifamily Residential - Low (MF-L). Multifamily Residential - Low zones are located along major arterials and transit routes, close to ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Auto Parts Store11.0
HVAC Service10.5

Location

7654 40th W St University Place, WA 98466-3817
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1410 Rainier, Fircrest, WA 98466-6456 $2,148,000 Feb 2025 6,920 SF
2628 Cascade W, Tacoma, WA 98466-5328 $5,000,000 May 2024 7,340 SF
14115 Cyn E, University Place, WA 98466 $50,210,450 Apr 2022 7,804 SF
8216 27th W, University Place, WA 98466-2779 $1,000,000 Jul 2020 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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