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Property profile & analytics
OFF-MARKET
Warehouses
11305 Waller E Rd Tacoma, WA 98446-2111
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-1052102
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
WOOD FRAME
Total area
3,000 SF
Lot
0.98 ac (42,800 SF)
Zoning code
NC
APN
5815000062
UPID
US90-1052102
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
-
C & A Customs Motorcycle Shop
-
Lee's JDM & More Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Two Daughters Legacy Properties LLC
Two Daughters Legacy Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
NC · Tacoma, WA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,517
Tax year 2024
Assessed value
$269,300
Assessed 2024
Previous assessed
$269,300
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$247,200
Assessed improvement
$22,100
Land market value
$247,200
Improvement market value
$22,100
Total market value
$269,300
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
1973
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Total area
3,000 SF
Lot
0.98 ac (42,800 SF)
Zoning code
NC
APN
5815000062
UPID
US90-1052102
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NC · Tacoma, WAZoning NC · permitted uses
NC · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1973
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Two Daughters Legacy Properties LLC
Entity
Mailing address
8402 209TH ST E, SPANAWAY, WA 98387-5313
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
$800,000
Two Daughters Legacy Properties LLC
Sarrett Enterprises INC
Warranty Deed
$675,000
May 23, 2024
—
Sanett Enterprises INC
—
Deed
related
$570,000 · Wadot Capital INC
Mar 22, 2018
—
Sarrett Enterprieses INC
—
Deed
related
$290,000 · Morris W Skagen
Feb 14, 2017
—
Sarrett Ents INC
—
Deed
related
$72,000 · Lawrence L & Marina E Nordberg
Nov 22, 2016
—
Sarrett Ents INC
—
Deed
related
$86,000 · Morris W Skagen
Jul 21, 2016
—
Sarrett Ents INC
—
Deed
related
$50,000 · Morris W Skagen
Jul 15, 2016
—
Sarrett Ents INC
Tax Deferred Exchange Svcs INC
Warranty Deed
—
May 13, 2016
$126,000
Tax Deferred Exchange Svcs INC
Nelson,rose
Warranty Deed
—
Dec 8, 2005
—
Rose A Nelson
Winebrenner,elizabeth F
Quit Claim Deed
related
—
—
—
Sarrett Ents INC
—
Deed Of Trust
related
$50,000 · Morris W Skagen
—
—
Sarrett Ents INC
—
Loan Modification
related
$86,000 · Morris W Skagen
—
—
Sarrett Ents INC
—
Deed Of Trust
related
$72,000 · Lawrence L & Marina E Nordberg
—
—
Sarrett Enterprieses INC
—
Deed Of Trust
related
$290,000 · Morris W Skagen
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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