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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Banks
14004 Purdy NW Dr Gig Harbor, WA 98332-8627
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1686766
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1962
Total area
2,120 SF
Lot
0.11 ac (4,792 SF)
Zoning code
AC
APN
122242038
UPID
US90-1686766
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
-
Crossed Arrows Brewery Production Facility Brewery & Distillery
-
Cutters Point Coffee Co. Cafe & Coffee Shop
-
The Beer Vault, LLC Bar & Pub
-
The Beer Vault & Wine Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
Scenic View Inn LLC · 5 yrs held
Scenic View Inn LLC
since 2021
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
AC · Gig Harbor, 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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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
$3,175,000
ML approach
$3,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10% · vs last sale $2.86M (May 17 2021)
Last sale anchor
$2.86M
May 17 2021
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
$1,434 / 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
$4,081
Tax year 2024
Assessed value
$406,500
Assessed 2024
Previous assessed
$406,500
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$68,700
Assessed improvement
$337,800
Land market value
$68,700
Improvement market value
$337,800
Total market value
$406,500
Applied tax rate
472.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1962
Heating
HEAT PUMP
Stories
1
Units
1
Total area
2,120 SF
Lot
0.11 ac (4,792 SF)
Zoning code
AC
APN
122242038
UPID
US90-1686766
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
AC · Gig Harbor, WA
Zoning AC · permitted uses
AC · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Scenic View Inn LLC
Entity
Mailing address
3093 SHEASER WAY, DUPONT, WA 98327-8806
Ownership since
2021
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
May 17, 2021
$2,856,500
Scenic View Inn LLC
Purdy Shopping Center LLC
Warranty Deed
$1,600,000 · Americas Cu
Apr 17, 2018
—
Purdy Shopping Center LLC
—
Loan Modification
related
$1,800,000 · Columbia St Bk
Nov 1, 2002
—
Purdy Shopping Center LLC
Morris,thomas G & David R
Quit Claim Deed
related
—
Oct 22, 1999
—
Purdy Shopping Center LLC
Sether,rebecca
Quit Claim Deed
related
—
—
—
Purdy Shopping Center LLC
—
Deed Of Trust
related
$250,000 · Columbia State Bank
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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