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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Gas stations
1463 Valentine SE Ave Pacific, WA 98047-2104
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1771676
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2004
Construction
WOOD FRAME
Total area
7,840 SF
Lot
2.81 ac (122,316 SF)
Zoning code
LIGHT INDU
APN
4495400490
UPID
US90-1771676
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
$905k
Owner & transaction history
Pacific City (wa) · 22 yrs held
Pacific City (wa)
since 2003
7 recorded transactions
Zoning & alternative use
LIGHT INDU · Pacific, 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 Pacific submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific 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
$115 / 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
$34,042
Tax year 2024
Assessed value
$3,163,200
Assessed 2024
Previous assessed
$3,163,200
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,127,300
Assessed improvement
$1,035,900
Land market value
$2,127,300
Improvement market value
$1,035,900
Total market value
$3,163,200
Applied tax rate
86.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
7,840 SF
Lot
2.81 ac (122,316 SF)
Zoning code
LIGHT INDU
APN
4495400490
UPID
US90-1771676
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
LIGHT INDU · Pacific, WA
Zoning LIGHT INDU · permitted uses
LIGHT INDU · Pacific, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
2.81 ac
Current owner
From public records · entity-resolved
Pacific City (wa)
Entity
Mailing address
9615 29TH ST CT E, EDGEWOOD, WA 98371-2155
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2007
—
Michael R Reeder
—
Trustees Deed
related
$200,000 · Key Bank NA
Aug 13, 2003
—
Pacific City (wa)
Reeder,michael & Lynn
Quit Claim Deed
related
—
Jun 30, 2003
—
Michael R Reeder
—
Trustees Deed
related
$574,706 · Key Bank NA
Sep 30, 2002
$395,393
Michael R Reeder
Pacific Quad LLC
Grant Deed
$398,000 · Pacific Quad LLC
Dec 29, 2000
$300,000
Pacific Quad LLC
Schell,leonard E
Grant Deed
$220,000 · Seller
Jun 1, 1995
$375,000
Randy F Fetters
Schell,leonard E & Kathleen J
Grant Deed
$325,000 · Seller
Aug 18, 1993
$300,000
Leonard E Schell
Mobile
Grant Deed
$225,000 · Seller
Nov 16, 1988
$225,000
Acres Mobile
Unknown
Grant Deed
$173,250 · Seller
—
—
Michael R Reeder
—
Deed Of Trust
related
$211,200 · Key Bank NA
—
—
Michael R Reeder
—
Deed Of Trust
related
$300,000 · Keybank USA
—
—
Pacific Quad LLC
—
Deed Of Trust
related
$195,000 · Anthony G & Beverly J
—
—
Michael R Reeder
—
Deed Of Trust
related
$459,765 · Key Bank NA
—
—
Michael R Reeder
—
Deed Of Trust
related
$476,000 · Rural Housing & Community Dev
—
—
Michael R Reeder
—
Deed Of Trust
related
$216,000 · Evergreen Business Capital
—
—
Michael R Reeder
—
Deed Of Trust
related
$264,000 · Key Bank NA
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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