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Property profile & analytics
OFF-MARKET
Estimated value
$6,805,000
Strip malls
1407 72nd St Ste B, Tacoma, WA 98404-5906
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-1429227
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,008 SF
Lot
6.75 ac (294,030 SF)
Zoning code
CCX
APN
320275033
UPID
US90-1429227
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
-
Anchor Physical Therapy Medical Clinic
-
Hot Teriyaki Restaurant
-
Subway Take-out & Catering
-
Ross Anderson Physician
-
Bryse Paffile Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.81M
Owner & transaction history
Crh Capital Properties LLC
Crh Capital Properties LLC
since 2026
5 recorded transactions
Zoning & alternative use
CCX · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,975,000
6.5%
$6,440,000
7%
$5,980,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,715,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$6.81M
Range $6.12M – $7.49M · ±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
$235 / 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
$103,917
Tax year 2024
Assessed value
$9,354,900
Assessed 2024
Previous assessed
$9,354,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,125,500
Assessed improvement
$6,229,400
Land market value
$3,125,500
Improvement market value
$6,229,400
Total market value
$9,354,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
5
Stories
1
Units
1
Total area
29,008 SF
Lot
6.75 ac (294,030 SF)
Zoning code
CCX
APN
320275033
UPID
US90-1429227
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CCX · Tacoma, WA
Zoning CCX · permitted uses
CCX · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$10.7M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
5
Units
1
Lot
6.75 ac
Current owner
From public records · entity-resolved
Crh Capital Properties LLC
Entity
Mailing address
5312 PACIFIC HWY E, FIFE, WA 98424-2602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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 7, 2026
—
Crh Capital Properties LLC
—
Deed
related
$7,000,000 · John Hancock Life Insurance Company
May 1, 2023
—
Crh Capital Properties LLC
—
Deed
related
$6,120,000 · Kitsap Bank
Apr 13, 2018
—
Crh Capital Properties LLC
—
Deed
related
$6,800,000 · Keybank USA
—
—
Crh Capital Properties LLC
—
Deed Of Trust
related
$5,500,000 · Key Bank NA
—
—
Crh Capital Properties LLC
—
Deed Of Trust
related
$6,800,000 · Keybank USA
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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