Financial
Distress signals
Property profile

1492 M St Tacoma, WA 98405

OFF-MARKET
Apartment buildings
Property ID
US90-0360094
2,592 SF 0.78 ac lot Built 1963
Last sale May 2024 · $2,370,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$1.30M
Assessed land$1.24M
Assessed improvement$62k
Effective rate0.91%

Value estimate

· Sep 2026
$2.37M
$2.13M – $2.61M
AI approach$2.37M

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$116 – $256
Qualifying comparables23

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?
R-8000
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm8.6
HVAC Service8.3
Catering Service8.3

Location

1492 M St Tacoma, WA 98405
County assessor Recorded deeds · 4 transfers 23 qualifying comp sales 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2412 I, Tacoma, WA 98405-3858 $675,000 Apr 2025 3,008 SF
814 Cushman, Tacoma, WA 98405-3607 $220,000 Jan 2025 2,310 SF
901 Grant, Tacoma, WA 98405-3306 $906,750 Jan 2025 2,360 SF
716 17th, Tacoma, WA 98405-5107 $430,000 Jul 2023 2,413 SF
511 G, Tacoma, WA 98405-4718 $925,000 Jul 2023 2,944 SF
3204 7th, Tacoma, WA 98405-2599 $224,000 Jun 2023 2,740 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
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