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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Turn key restaurants
11118 Pacific S Ave Tacoma, WA 98444-5740
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1326273
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1931
Construction
WOOD FRAME
Total area
2,145 SF
Lot
0.12 ac (5,062 SF)
Zoning code
CMUD
APN
319043055
UPID
US90-1326273
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
-
Shamrock Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$467k
Blend (final)
Blend
$575k
Owner & transaction history
Fernando Diaz Bautista · 1 yrs held
Fernando Diaz Bautista
since 2024
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
CMUD · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$910,000
+8.3%
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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$840,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$790,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Dec 5 2024)
Last sale anchor
$575k
Dec 5 2024
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
$268 / 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
$5,728
Tax year 2024
Assessed value
$442,200
Assessed 2024
Previous assessed
$442,200
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$173,200
Assessed improvement
$269,000
Land market value
$173,200
Improvement market value
$269,000
Total market value
$442,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1931
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,145 SF
Lot
0.12 ac (5,062 SF)
Zoning code
CMUD
APN
319043055
UPID
US90-1326273
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CMUD · Tacoma, WA
Zoning CMUD · permitted uses
CMUD · 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
RESTAURANT Current
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$790,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1931
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Fernando Diaz Bautista
Individual
Mailing address
11118 PACIFIC AVE S, TACOMA, WA 98444-5740
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
$575,000
Fernando Diaz Bautista
David D Reid
Warranty Deed
$190,000 · Thomas W Gaetz Ira
Dec 2, 2024
—
David D Reid
Jeanne Irene Reid
Deed
related
—
Oct 17, 2022
—
David D Reid
—
Deed
related
$100,000 · The Ballard Law Group PLLC
Oct 14, 2022
—
David D Reid
—
Deed
related
$12,792 · Pdille Law LLC
May 27, 2022
—
David D Reid
David D Reid
Intrafamily Transfer
related
$281,000 · William Henson
Apr 12, 2022
$128,605
David D Reid
David L Matthies
Trustees Deed
related
—
Aug 23, 2019
—
David L Matthies
—
Trustees Deed
related
$60,000 · David D Reid
Apr 18, 2018
—
David L Matthies
Emg INC
Quit Claim Deed
related
$160,000 · John M Mccrady
Apr 24, 2015
—
David L Matthies
—
Trustees Deed
related
$120,000 · Wun LLC
Dec 15, 2011
—
David L Matthies
Matthies Olga
Quit Claim Deed
related
—
—
—
David L Matthies
—
Deed Of Trust
related
—
—
—
Olga Matthies
—
Deed Of Trust
related
$110,250 · Wells Fargo Bank Northwest NA
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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