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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Auto shops
1334 54th E Ave Tacoma, WA 98424-1257
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1542140
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,250 SF
Lot
2.83 ac (123,275 SF)
Zoning code
REGIONAL C
APN
320014106
UPID
US90-1542140
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
-
Shaub Ellison Auto Repair Shop Vehicle Inspection Center
-
Les Schwab Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
-
Good Vibes Espresso Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$995k
Blend (final)
Blend
$830k
Owner & transaction history
The Flamingo Collective LLC · 4 yrs held
The Flamingo Collective LLC
since 2022
7 recorded transactions
Zoning & alternative use
REGIONAL C · 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
by Request
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$54 / 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
$43,554
Tax year 2024
Assessed value
$4,582,500
Assessed 2024
Previous assessed
$4,582,500
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,887,100
Assessed improvement
$1,695,400
Land market value
$2,887,100
Improvement market value
$1,695,400
Total market value
$4,582,500
Applied tax rate
66.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
1
Total area
15,250 SF
Lot
2.83 ac (123,275 SF)
Zoning code
REGIONAL C
APN
320014106
UPID
US90-1542140
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Tacoma, WAZoning REGIONAL C · permitted uses
REGIONAL C · 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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
1
Lot
2.83 ac
Current owner
From public records · entity-resolved
The Flamingo Collective LLC
Entity
Mailing address
1117 BROADWAY STE #500, TACOMA, WA 98402-3508
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$527
The Flamingo Collective LLC
Shaub Ellison Co
Quit Claim Deed
related
—
May 5, 2017
—
Shaub Western Washington LLC
—
Deed
related
$10,000,000 · Wells Fargo Bank NA
Jun 8, 2016
—
Shaub Western Washington LLC
—
Deed
related
$2,500,000 · Bank Of America
Jan 28, 2016
—
Shaub Western Washington LLC
Steve LLC
Warranty Deed
—
May 4, 2012
$600,000
Steve LLC
Contreras,rudy & Karla
Warranty Deed
—
Mar 31, 2009
$1,200,000
Steve LLC
Shaub-ellison
Warranty Deed
$1,200,000 · Shaub-ellison Co
Dec 29, 2000
—
Sandra LLC
Shaub,sanford & Doreen
Grant Deed
related
—
—
—
Sanford T Shaub
—
Deed Of Trust
related
$255,000 · Seafirst Bank
—
—
Shaub-ellison Co
—
Deed Of Trust
related
$884,500 · Bank Of America
—
—
Shaub Western Washington LLC
—
Deed Of Trust
related
$2,500,000 · Bank Of America
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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