New search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Industrial properties
10026 Sales S Rd, Tacoma, WA 98499-8771
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1256614
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1937
Construction
FRAME
Total area
1,832 SF
Lot
0.49 ac (21,344 SF)
Zoning code
AC1
APN
319061090
UPID
US90-1256614
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$610k
Owner & transaction history
Kings Nw LLC · 5 yrs held
Kings Nw LLC
since 2021
Last sale
$615,000
7 recorded transactions
Zoning & alternative use
AC1 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$775,000
+91.9%
Auto repair, garage
$675,000
+66.9%
Commercial (general)
$575,000
+42.3%
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
Method
Estimation
Statistic approach
$710,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$405,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: +92% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: +67% · Conversion: Easy
COMMERCIAL (GENERAL)
$575,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$460,000
Change: +13% · Conversion: Moderate
MEDICAL BUILDING
$450,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $615k (Feb 12 2021)
Last sale anchor
$615k
Feb 12 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$333 / SF
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
$6,304
Tax year 2024
Assessed value
$567,300
Assessed 2024
Previous assessed
$567,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$327,900
Assessed improvement
$239,400
Land market value
$327,900
Improvement market value
$239,400
Total market value
$567,300
Applied tax rate
761.0000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1937
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,832 SF
Lot
0.49 ac (21,344 SF)
Zoning code
AC1
APN
319061090
UPID
US90-1256614
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
AC1 · Tacoma, WA
Zoning AC1 · permitted uses
AC1 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$575,000
RETAIL STORES
Est. value
$460,000
MEDICAL BUILDING
Est. value
$450,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1937
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Kings Nw LLC
Entity
Mailing address
7902 N 11TH ST, TACOMA, WA 98406-1081
Ownership since
2021
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
Feb 12, 2021
$615,000
Kings Nw LLC
Joshua Michael King
Warranty Deed
$312,100 · Key Bank NA
Jan 17, 2020
—
Joshua Michael King
—
Deed
related
$375,000 · First Sound Bank
Jan 14, 2020
—
Joshua M King
Kings Autoworks LLC
Quit Claim Deed
related
—
Feb 13, 2017
—
Robert M Sipes
Sipes & Sons INC
Quit Claim Deed
related
—
Feb 10, 2017
$400,000
Kings Autoworks LLC
Lorna J Sipes
Warranty Deed
$428,000 · Homestreet Bank
Dec 1, 1992
$60,000
Robert M Sipes
Sipes
Grant Deed
related
—
Oct 27, 1992
$60,000
Robert M Sipes
Unknown
Grant Deed
—
—
—
Robert M Sipes
—
Deed Of Trust
related
$20,731 · Northwest Community Bank
—
—
Robert M Sipes
—
Deed Of Trust
related
$120,000 · Venture Bank
—
—
Robert M Sipes
—
Deed Of Trust
related
$120,000 · Venture 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10026 Sales S Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
