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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Warehouses
15411 1st Ave Ct S Ste A, Tacoma, WA 98444-6900
Entity Owned
7-yr Hold
Free & Clear
Property ID
US90-1622567
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
STEEL FRAME
Total area
7,200 SF
Lot
2.34 ac (101,974 SF)
Zoning code
CMUD
APN
319213014
UPID
US90-1622567
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
-
A Storage Center Storage Facility
-
Unimaginable Photography Photography Service (Bike/Boat/Book/etc) Store
-
Rosaisela Notaria & Tax Tax Preparation
-
Games Unlimited Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Brandi Ulrey, Conexus Home Group brokered by Best Choice Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$830k
Owner & transaction history
Ulrey Ents LLC · 7 yrs held
Ulrey Ents LLC
since 2018
7 recorded transactions
Zoning & alternative use
CMUD · 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
$600,000
CAP Approach
CAP Return
Estimation
6%
$1,030,000
6.5%
$950,000
7%
$885,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$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
$115,070
Tax year 2024
Assessed value
$9,600,400
Assessed 2024
Previous assessed
$9,600,400
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,186,500
Assessed improvement
$8,413,900
Land market value
$1,186,500
Improvement market value
$8,413,900
Total market value
$9,600,400
Applied tax rate
591.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
1
Total area
7,200 SF
Lot
2.34 ac (101,974 SF)
Zoning code
CMUD
APN
319213014
UPID
US90-1622567
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CMUD · Tacoma, WA
Zoning CMUD · permitted uses
CMUD · 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.
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
7
Lot
2.34 ac
Current owner
From public records · entity-resolved
Ulrey Ents LLC
Entity
Free & Clear · 7 yrs held
Mailing address
15413 1ST AVE CT S STE A1, TACOMA, WA 98444-4699
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Ulrey Enterprises LLC
—
Deed
related
$2,000,000 · Washington Trust Bank
Nov 13, 2018
—
Ulrey Ents LLC
Safe Stor INC
Quit Claim Deed
related
—
Mar 21, 2005
—
Safe Stor INC
Hogevoll,gerald A
Quit Claim Deed
related
—
Jan 13, 1999
$135,000
Geralda Hogevoll
American General Home Equity
Grant Deed
—
Jun 23, 1998
$119,646
American General Home Equity
Lee,wan S
Trustees Deed
related
—
Jul 20, 1990
$125,000
Yong Suk Yom
Unknown
Grant Deed
—
—
—
Wan S Lee
—
Deed Of Trust
related
$106,106 · American General Home Equity
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.
Try Rey
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