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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Auto shops
14310 Purdy NW Ln Gig Harbor, WA 98332-8614
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0985145
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
WOOD FRAME
Total area
2,240 SF
Lot
0.4 ac (17,424 SF)
Zoning code
NC
APN
122242019
UPID
US90-0985145
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
$984k
Blend (final)
Blend
$920k
Owner & transaction history
Dm Prop Mgmt Svcs LLC · 7 yrs held
Dm Prop Mgmt Svcs LLC
since 2018
7 recorded transactions
Zoning & alternative use
NC · Gig Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$955,000
+16.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$825,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$685,000
Change: -17% · Conversion: Difficult
WAREHOUSE, STORAGE
$670,000
Change: -19% · Conversion: Easy
COMMERCIAL (GENERAL)
$670,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$411 / 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
$2,262
Tax year 2024
Assessed value
$225,100
Assessed 2024
Previous assessed
$225,100
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$128,300
Assessed improvement
$96,800
Land market value
$128,300
Improvement market value
$96,800
Total market value
$225,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Total area
2,240 SF
Lot
0.4 ac (17,424 SF)
Zoning code
NC
APN
122242019
UPID
US90-0985145
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NC · Gig Harbor, WAZoning NC · permitted uses
NC · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
RETAIL STORES
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$670,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1970
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Dm Prop Mgmt Svcs LLC
Entity
Mailing address
6908 54TH AVE NW, GIG HARBOR, WA 98335-7403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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 11, 2019
—
Dm Prop Mgmt Svcs LLC
—
Deed
related
$394,000 · Bank Of America
Dec 3, 2018
$480,000
Dm Prop Mgmt Svcs LLC
Parker,william P
Warranty Deed
$384,000 · William P Parker
Oct 14, 2016
$200,000
William Parker
Elliott Bay Asset Solutions Ll
Grant Deed
—
May 31, 2007
$500,000
Daniel A Kropf
Allstar Properties LLC
Warranty Deed
$462,125 · Westsound Bank
Jun 2, 2005
$233,000
Allstar Properties LLC
Franich,j M
Warranty Deed
—
Jul 1, 1998
$90,000
J M Franich
Lambert,dorothy V
Grant Deed
$60,000 · Seller
—
—
Dm Prop Mgmt Svcs LLC
—
Deed Of Trust
related
$394,000 · Bank Of America
—
—
Allstar Properties LLC
—
Deed Of Trust
related
$85,250 · Philip Vickers
—
—
Daniel A Kropf
—
Deed Of Trust
related
$257,500 · Westsound Bank
—
—
Daniel A Kropf
—
Deed Of Trust
related
$215,000 · Rural Housing & Community Dev
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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