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Property profile & analytics
OFF-MARKET
Estimated value
$5,470,000
Warehouses
10215 Portland E Ave, Tacoma, WA 98445-3919
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-1162765
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
36,000 SF
Lot
4.45 ac (193,711 SF)
Zoning code
CE
APN
7745003030
UPID
US90-1162765
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
-
Performance Pro Supply Building Supply Big Box & Wholesale Store
-
Pacific Integrated Handling Industrial Manufacturer Production Facility
-
Quality Rentals Inc Home Appliance Store Hardware & Home Improvement
-
Quinn Da Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.20M
Comparable Approach
Comparable
$4.04M
Blend (final)
Blend
$5.47M
Owner & transaction history
Portland Properties LLC · 21 yrs held
Portland Properties LLC
since 2005
7 recorded transactions
Zoning & alternative use
CE · Tacoma, WA
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,800,000
6.5%
$7,200,000
7%
$6,685,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,810,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$5.47M
Range $4.92M – $6.02M · ±10%
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
$152 / 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
$85,686
Tax year 2024
Assessed value
$7,084,600
Assessed 2024
Previous assessed
$7,084,600
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,228,300
Assessed improvement
$5,856,300
Land market value
$1,228,300
Improvement market value
$5,856,300
Total market value
$7,084,600
Applied tax rate
515.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
36,000 SF
Lot
4.45 ac (193,711 SF)
Zoning code
CE
APN
7745003030
UPID
US90-1162765
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CE · Tacoma, WA
Zoning CE · permitted uses
CE · 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
MEDICAL BUILDING
Est. value
$8.8M
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
4.45 ac
Current owner
From public records · entity-resolved
Portland Properties LLC
Entity
Mailing address
10215 PORTLAND AVE E STE A, TACOMA, WA 98445-3919
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2016
—
Portland Properties LLC
—
Deed
related
$3,005,000 · Heritage Bk
Feb 10, 2005
—
Portland Properties LLC
Sidor,dean W & Deborah D
Quit Claim Deed
related
—
Jun 1, 1990
$167,500
Dean W Sidor
Unknown
Grant Deed
$179,225 · Us Bank Of Washington
—
—
Dean W Sidor
—
Deed Of Trust
related
$150,000 · Puyallup Valley Bank
—
—
Dean W Sidor
—
Deed Of Trust
related
$1,375,000 · Puyallup Valley Bank
—
—
Dean W Sidor
—
Deed Of Trust
related
$1,540,000 · Puyallup Valley Bank
—
—
Portland Properties LLC
—
Deed Of Trust
related
$3,005,000 · Heritage Bk
—
—
Dean W Sidor
—
Deed Of Trust
related
$1,546,607 · Puyallup Valley Bank
—
—
Dean W Sidor
—
Deed Of Trust
related
$1,623,072 · Puyallup Valley Bank
—
—
Dave R Sidor
—
Deed Of Trust
related
$3,500,000 · Valley Bank
—
—
Dean W Sidor
—
Deed Of Trust
related
$1,028,000 · Puyallup Valley 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.
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