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Property profile & analytics
FOR SALE
Commercial land
1212 11Th St Tacoma, WA 98405
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-2598047
No photos on file
For Sale
$410,000
1212 11Th St, Tacoma, WA 98405
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.02 ac (687 SF)
Zoning code
NCX
APN
2011250050
UPID
US90-2598047
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
-
30 Court Apartment Complex
-
Asha Skin Therapy Medical Clinic Skin Care Clinic
-
Mas'ala Muslim Center of Tacoma Mosque
-
Felix dentist Dental Office
-
Dr. Audrey Nguyen Dental Office
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
Aodi Zhang LLC · 1 yrs held
Aodi Zhang LLC
since 2025
Last sale
$19,866
7 recorded transactions
Zoning & alternative use
NCX · 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
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
$219
Tax year 2024
Assessed value
$18,800
Assessed 2024
Previous assessed
$18,800
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$18,800
Land market value
$18,800
Total market value
$18,800
Applied tax rate
5.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.02 ac (687 SF)
Zoning code
NCX
APN
2011250050
UPID
US90-2598047
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NCX · Tacoma, WA
Zoning NCX · permitted uses
NCX · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
Aodi Zhang LLC
Entity
Mailing address
10210 SE 260TH ST, KENT, WA 98030-7604
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
$225,000
Aodi Zhang LLC
V Thu
Warranty Deed
$168,750 · Veristone Fundi LLC
Sep 16, 2024
—
Chicago Street LLC
—
Deed
related
—
Aug 12, 2024
$208,000
Gerald Oaksmith III
Thu V Le
Warranty Deed
$178,000 · Thu V Le Etux
May 6, 2024
—
Thu V Le
James Williams
Deed
related
—
Apr 23, 2024
—
Thu V Le
Pierce County Sheriff
Deed
related
—
Feb 13, 2024
—
Mark Todd Williams
—
Deed
related
$112,500 · A&d Mortgage LLC
Dec 12, 2023
—
Chicago Street LLC
—
Deed
related
$132,500 · Us Bank NA
Oct 12, 2023
—
Chicago Street LLC
—
Deed
related
$21,200 · Us Bank NA
Apr 21, 2023
—
Mark Williams
—
Deed
related
$250,000 · Thomas W Gaetz Ira
Dec 22, 2022
—
Thu V Le
Thu Van Le
Deed
related
—
Aug 2, 2022
—
Richlady LLC
Aodi Zhang
Quitclaim Deed
related
$213,500 · Silver Hill Financial LLC
Jun 10, 2021
$19,866
Guiyun Zhang
Gerald C Clemens
Warranty Deed
$15,865 · Gerald Clemens
Mar 2, 2021
—
Jean Roden Wa LLC
Gerald Clemens
Quit Claim Deed
related
—
Jun 8, 2020
—
Rodenocabe,john & Jean Trust
John P Roden
Quit Claim Deed
related
—
Feb 28, 2020
$87,500
Mark T Williams
Hsin H Hung
Quitclaim Deed
related
$175,000 · Thomas Gaetz
Aug 20, 2019
$192,000
Gui Y Zhang
Macaev,zaourbek
Warranty Deed
$163,500 · Equity Advantage
Jul 3, 2019
—
Benjamin J Hansen
Gazipura,mahvish
Quitclaim Deed
related
$280,000 · Umpqua Bank
Jun 14, 2019
—
B & R 1212 LLC
Hansen,benjamin J
Quitclaim Deed
related
—
Sep 11, 2018
$295,000
Benjamin J Hansen
Dennis,phillip T & Meredith W
Warranty Deed
—
Mar 13, 2017
$150,000
Mark T Williams
Hoang,hai D & Kim M
Warranty Deed
$135,000 · Hai D & Kim M Hoang
Mar 6, 2017
$125,000
James Williams
Le Thu,v
Warranty Deed
$95,000 · Thu V Le
Sep 8, 2016
$90,000
James Williams
Le Family Living Trust
Warranty Deed
$60,000 · Huong-mai T Vu
Jan 14, 1994
$200
John P Roden
Palzer,christian
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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