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Property profile & analytics
OFF-MARKET
Office Spaces
1320 Alameda Ave Fircrest, WA 98466-6500
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-0101938
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1967
Construction
WOOD FRAME
Total area
1,136 SF
Lot
0.24 ac (10,400 SF)
Zoning code
NO
APN
7267300040
UPID
US90-0101938
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
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
Fircrest Prof Building LLC · 18 yrs held
Fircrest Prof Building LLC
since 2007
5 recorded transactions
Zoning & alternative use
NO · Fircrest, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
43 RESIDENTIAL-30 DISTRICT (R-30) § 22.43.001 Purpose. § 22.43.002 Permitted uses. § 22.43.003 Accessory uses. § 22.43.004 Conditional uses. § 22.43.005 Development standards. Chapter 22.44 NEIGHBORHOOD OFFICE DISTRICT (NO) § 22.44.001 Purpose. § 22.44.002 Permitted uses. § 22.44.003 Accessory uses. § 22.44.004 Conditional uses. § 22.44.005 Prohibited uses.…
Zone name
Neighborhood Office
General category
COMMERCIAL
Zone area
2.49 ac
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 Fircrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fircrest 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
$3,539
Tax year 2024
Assessed value
$370,700
Assessed 2024
Previous assessed
$370,700
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$164,000
Assessed improvement
$206,700
Land market value
$164,000
Improvement market value
$206,700
Total market value
$370,700
Applied tax rate
70.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1967
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Total area
1,136 SF
Lot
0.24 ac (10,400 SF)
Zoning code
NO
APN
7267300040
UPID
US90-0101938
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NO · Fircrest, WAZoning NO · permitted uses
NO · Fircrest, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
43 RESIDENTIAL-30 DISTRICT (R-30) § 22.43.001 Purpose. § 22.43.002 Permitted uses. § 22.43.003 Accessory uses. § 22.43.004 Conditional uses. § 22.43.005 Development standards. Chapter 22.44 NEIGHBORHOOD OFFICE DISTRICT (NO) § 22.44.001 Purpose. § 22.44.002 Permitted uses. § 22.44.003 Accessory uses. § 22.44.004 Conditional uses. § 22.44.005 Prohibited uses. § 22.44.006 Development standards. Chapter 22.46 NEIGHBORHOOD COMMERCIAL DISTRICT
Zone name
Neighborhood Office
General category
COMMERCIAL
Zone area
2.49 ac
Building & site characteristics
From public records
Year built
1967
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Fircrest Prof Building LLC
Entity
Mailing address
545 FORREST PARK DR, FIRCREST, WA 98466-6806
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2007
$385,000
Fircrest Prof Building LLC
Crivello,james P
Warranty Deed
$360,000 · Westside Community Bank
Apr 26, 2005
$395,000
James P Crivello
1320 Alameda LLC
Warranty Deed
$360,000 · 1320 Alameda LLC
Dec 28, 2004
$310,000
1320 Alameda LLC
Cit Financial USA INC
Warranty Deed
$244,000 · Frontier Bank
Dec 28, 2004
—
Cit Financial USA INC
Snow,david H & Karla K
Quit Claim Deed
related
—
Dec 20, 1999
$349,020
David H Snow
Nielsen,joy L & Vonda
Grant Deed
$300,000 · Newcourt Financial USA INC
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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