Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Strip malls
11457 Pacific S Ave Tacoma, WA 98444-5541
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1364458
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
WOOD FRAME
Total area
10,200 SF
Lot
0.8 ac (34,900 SF)
Zoning code
CMUD
APN
319096006
UPID
US90-1364458
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
-
Kobe Teriyaki Restaurant
-
Subway Take-out & Catering
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Shining Massage Spa Alternative Medicine Practice Spa & Massage Center
-
Signature Stylez Barber Lounge Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Chae H Sin · 2 yrs held
Chae H Sin
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
CMUD · 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
Method
Estimation
Statistic approach
$1,705,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$2,455,000
6.5%
$2,265,000
7%
$2,100,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,765,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.33M (Aug 10 2023)
Last sale anchor
$2.33M
Aug 10 2023
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
$222 / 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
$23,212
Tax year 2024
Assessed value
$1,794,600
Assessed 2024
Previous assessed
$1,794,600
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$840,800
Assessed improvement
$953,800
Land market value
$840,800
Improvement market value
$953,800
Total market value
$1,794,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Units
8
Total area
10,200 SF
Lot
0.8 ac (34,900 SF)
Zoning code
CMUD
APN
319096006
UPID
US90-1364458
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CMUD · Tacoma, WAZoning CMUD · permitted uses
CMUD · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.8M
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
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Lot
0.8 ac
Current owner
From public records · entity-resolved
Chae H Sin
Individual
Mailing address
9009 E F ST, TACOMA, WA 98445-1935
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2023
$2,330,000
Chae H Sin
Knd Property LLC
Warranty Deed
$1,330,000 · Pnc Bank NA
Apr 20, 2022
—
Knd Property LLC
—
Deed
related
$300,000 · Bbcn Bank
Feb 14, 2011
—
Knd Property LLC
Kyung Won Lee
Quit Claim Deed
related
$480,000 · Us Bank NA
Jul 31, 2007
$2,050,000
Kyung W Lee
Ree,chung R
Warranty Deed
$500,000 · Centerbank
Dec 1, 2003
$1,570,000
Min D Ree
Singh,sukhvir & Jaswinder K
Grant Deed
—
Jan 22, 2003
$1,350,000
Sukhvir Singh
Sunu,taeh & Jenny N
Grant Deed
$1,015,382 · Bank Of Washington
Jul 10, 1995
$1,035,000
Hong Y Lim
R K Getty Corp
Grant Deed
—
Jan 29, 1988
$235,000
The R K Getty Corp
Unknown
Grant Deed
—
—
—
Taeh S Sunu
—
Deed Of Trust
related
$765,000 · Rainier Pacific Cu
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 11457 Pacific S Ave?
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.
