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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Motels
12715 Pacific S Ave, Tacoma, WA 98444-5068
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1813139
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,009 SF
Lot
1.06 ac (46,348 SF)
Zoning code
ROC
APN
319093009
UPID
US90-1813139
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
-
Blue Spruce Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$457k
Blend (final)
Blend
$555k
Owner & transaction history
Timothy J Hayes · 14 yrs held
Timothy J Hayes
since 2012
7 recorded transactions
Zoning & alternative use
ROC · 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$62 / 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
$21,348
Tax year 2024
Assessed value
$1,634,600
Assessed 2024
Previous assessed
$1,634,600
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$715,100
Assessed improvement
$919,500
Land market value
$715,100
Improvement market value
$919,500
Total market value
$1,634,600
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Units
27
Bathrooms
1
Total area
9,009 SF
Lot
1.06 ac (46,348 SF)
Zoning code
ROC
APN
319093009
UPID
US90-1813139
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
ROC · Tacoma, WA
Zoning ROC · permitted uses
ROC · 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
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Units
27
Bathrooms
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Timothy J Hayes
Individual
Mailing address
413 SW 352ND ST, FEDERAL WAY, WA 98023-8129
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2012
—
Timothy J Hayes
Elliott,charles P & Chung C
Warranty Deed
—
Feb 10, 2012
—
Charles P Elliott
Bank Of Ny Mellon 2000-b
Warranty Deed
—
Feb 10, 2012
$1,100,000
Bethel Property Management LLC
Hayes,timothy J & Sue J
Warranty Deed
$50,000 · Timothy J & Sue J Hayes
May 1, 2002
$279,742
Timothy J Sue
Choi,sang W & Yang S
Quit Claim Deed
related
—
May 14, 2001
—
Bank Of New York Trustee
Western United Life Assurance
Grant Deed
related
—
Nov 24, 1999
$500,000
Timothy J Hayes
Elliott,charles P & Chung C
Grant Deed
$500,000 · Seller
—
—
Wayne A Bishop
—
Deed Of Trust
related
—
—
—
Timothy J Hayes
—
Deed Of Trust
related
$85,000 · Individual
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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