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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Hotels
1600 74th SW Ave, Tumwater, WA 98501-5751
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0964926
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Construction
WOOD FRAME
Total area
33,655 SF
APN
9970-04-14100
UPID
US90-0964926
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
$3.24M
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Satyam Tumwater LLC · 2 yrs held
Satyam Tumwater LLC
since 2023
Last sale
$2.8M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+252.1%
Industrial (general)
$4.4M
+218.5%
Office building
$3.4M
+150.0%
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 Tumwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tumwater 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
$3,235,000
ML approach
$3,235,000
CAP Approach
CAP Return
Estimation
6%
$3,340,000
6.5%
$3,085,000
7%
$2,865,000
Alternative Use
Use
Estimation
RESTAURANT
$4,810,000
Change: +252% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,350,000
Change: +218% · Conversion: Difficult
OFFICE BUILDING
$3,415,000
Change: +150% · Conversion: Difficult
RETAIL STORES
$3,320,000
Change: +143% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,040,000
Change: +123% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,005,000
Change: +120% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±10% · vs last sale $2.80M (Jul 18 2023)
Last sale anchor
$2.80M
Jul 18 2023
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
$90 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$55,470
Tax year 2023
Assessed value
$5,695,600
Assessed 2022
Previous assessed
$4,432,700
+28.5% YoY
Effective rate
0.97%
On assessed value
Assessed improvement
$5,695,600
Improvement market value
$5,695,600
Total market value
$5,695,600
Applied tax rate
440.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
3
Total area
33,655 SF
APN
9970-04-14100
UPID
US90-0964926
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
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
RESTAURANT
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
3
Current owner
From public records · entity-resolved
Satyam Tumwater LLC
Entity
Mailing address
6281 BCH BLVD STE #331, BUENA PARK, CA 90621-4256
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
$2,800,000
Satyam Tumwater LLC
Law Offices Of Jason C Tatman
Deed
—
—
—
E & J INC
—
Deed Of Trust
related
$1,122,000 · Hanmi Bank
—
—
E & J INC
—
Deed Of Trust
related
$1,870,000 · Hanmi 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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