Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Industrial land
10029 Tacoma Way Lakewood, WA 98499-5199
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1913184
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
3.25 ac (141,570 SF)
APN
319062079
UPID
US90-1913184
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
Current use
Occupant on record · Public records
-
NSB Flooring LLC General Contractor Renovation Specialist
-
Mayes Testing Engineers Inc Engineering Consultant
-
Elevated Acoustics LLC Interior Design Hardware & Home Improvement
-
Doxa Painting & Services Painting Service General Contractor
-
Washington Air Filtration Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
S F Property LP · 3 yrs held
S F Property LP
since 2022
Last sale
$680,267
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $680k (Oct 5 2022)
Last sale anchor
$680k
Oct 5 2022
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
—
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
$19,240
Tax year 2024
Assessed value
$1,413,400
Assessed 2024
Previous assessed
$1,413,400
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,413,400
Land market value
$1,413,400
Total market value
$1,413,400
Applied tax rate
760.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
3.25 ac (141,570 SF)
APN
319062079
UPID
US90-1913184
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3.25 ac
Current owner
From public records · entity-resolved
S F Property LP
Entity
Mailing address
8605 SANTA MONICA BLVD #45069, WEST HOLLYWOOD, CA 90069-4109
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
—
S F Property LP
Mca Igf Lakewood LLC
Warranty Deed
—
Oct 5, 2022
$680,267
Lakewood Business Park LLC
Mca Igf Lakewood LLC
Warranty Deed
$14,000,000 · Tiaa Fsb Holdings INC
Dec 7, 2020
—
Mca Igf Lakewood LLC
Icbp IV Holdings 7 LLC
Grant Deed
$14,500,000 · Prime Fin Short Duration Hldgs
Jun 22, 2018
—
Icbp IV Holdings 7 LLC
—
Grant Deed
related
$8,840,000 · Miscellaneous Ins Co
Jul 7, 2017
—
Icbp IV Holdings 7 LLC
—
Grant Deed
related
$150,000,000 · Fifth Third Bk
May 16, 2017
$12,949,900
Icbp IV Holdings 7 LLC
Lakewood Busn Park Washington
Warranty Deed
—
Jan 29, 2015
—
Lakewood Business Park Washington L
Shurgard Storage Centers LLC
Warranty Deed
$7,266,000 · Opus 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 10029 Tacoma Way?
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.
