Realmo Analytics

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Financial
Distress signals
Property profile

5435 M St Tacoma, WA 98408

FOR SALE
Office Spaces
View Listing
Property ID
US90-0310873
441 SF 0.15 ac lot Built 1946
Last sale Sep 2025 · $938,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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. 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?
$11
Tax billed · 2024
Assessed value$503k
Assessed land$187k
Assessed improvement$316k
Effective rate0.00%

Value estimate

· Oct 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$173k
Vacancy & credit loss−$9k
Operating expenses−$74k
NOI · 9.20% cap applied$90k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
Submarket average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$171 – $617
Qualifying comparables3

Cap rate analysis

How does the asset earn?
9.20%
$90k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger mark...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.9
Carpet & Flooring Store9.4
HVAC Service9.4

Location

5435 M St Tacoma, WA 98408
County assessor Recorded deeds · 4 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6532 Pacific, Tacoma, WA 98408-7322 $306,822 Oct 2023 1,748 SF
8225 Park, Tacoma, WA 98408-5227 $200,000 Mar 2023 2,000 SF
7012 Pacific, Tacoma, WA 98408-7219 $520,000 Jan 2023 1,811 SF
5213 Pacific, Tacoma, WA 98408-7695 $545,000 Dec 2022 1,386 SF
5209 Pacific, Tacoma, WA 98408-7625 $380,000 Oct 2022 1,264 SF
4802 Yakima, Tacoma, WA 98408-5724 $206,000 May 2021 900 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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