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Property profile & analytics
OFF-MARKET
Office Spaces
1508 Valentine SE Ave Pacific, WA 98047-2103
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0886266
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
10,000 SF
Lot
4.79 ac (208,652 SF)
Zoning code
LIGHT INDU
APN
4495400664
UPID
US90-0886266
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
by Request
Owner & transaction history
Fr 1508 Valentine LLC · 3 yrs held
Fr 1508 Valentine LLC
since 2022
Last sale
$20.0M
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
—
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
$61,354
Tax year 2024
Assessed value
$6,031,500
Assessed 2024
Previous assessed
$6,031,500
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$3,802,900
Assessed improvement
$2,228,600
Land market value
$3,802,900
Improvement market value
$2,228,600
Total market value
$6,031,500
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 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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
10,000 SF
Lot
4.79 ac (208,652 SF)
Zoning code
LIGHT INDU
APN
4495400664
UPID
US90-0886266
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
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.79 ac
Current owner
From public records · entity-resolved
Fr 1508 Valentine LLC
Entity
Mailing address
898 N PACIFIC COAST HWY STE #175, EL SEGUNDO, CA 90245-2741
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$20,000,000
Fr 1508 Valentine LLC
Pac 3 LLC
Bargain And Sale Deed
—
Aug 13, 2021
—
Pac 3 LLC
—
Deed
related
$6,600,000 · First Fsla Of Port Angeles
Oct 16, 2020
—
Pac 3 LLC
—
Deed
related
$6,000,000 · First Fsla Of Pascagoula-moss Point
Feb 25, 2020
—
Pac-3 LLC
—
Deed
related
$250,000 · Bank Of The West
Jan 3, 2020
—
Pac 3 LLC
—
Deed
related
$1,000,000 · Mountain Pacific Bank
May 29, 2019
—
Pac-3 LLC
Scollolo,armondo & Mafalda
Correction Deed
related
$5,000,000 · Mountain Pacific Bk
Mar 9, 2017
—
Pac-3 LLC
—
Grant Deed
related
$1,500,000 · Bank Of The West
Mar 5, 2015
—
Pac-3 LLC
Scoccalo Armando & Mafalda
Quit Claim Deed
related
—
Jan 31, 2014
$60,000
City Of Sumner Department & Public
Pac-3 LLC
Warranty Deed
—
Nov 14, 2001
—
Summer City (wa)
Scoccolo,armondo & Mafalda
Quit Claim Deed
related
—
Oct 13, 2000
$850,291
Armondo Scoccolo
Correctional Services Corp
Grant Deed
—
Dec 11, 1998
$584,575
Correctional Services Corp
City Of Pacific Land Co
Grant Deed
—
—
—
Pac-3 LLC
—
Deed Of Trust
related
$2,164,500 · Columbia State Bank
—
—
Armondo Scoccolo
—
Deed Of Trust
related
$3,000,000 · Columbia State Bank
—
—
Pac-3 LLC
—
Deed Of Trust
related
$250,000 · Bank Of The West
—
—
Armondo Scoccolo
—
Deed Of Trust
related
$1,500,000 · 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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