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Property profile & analytics
OFF-MARKET
Automotive properties
1623 62nd E Ave Fife, WA 98424
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1258040
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1988
Construction
WOOD FRAME
Total area
2,960 SF
Lot
1.48 ac (64,469 SF)
Zoning code
REGIONAL C
APN
420071139
UPID
US90-1258040
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
Ladonna Meadows · 1 yrs held
Ladonna Meadows
since 2025
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, 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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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
$15,645
Tax year 2024
Assessed value
$1,645,800
Assessed 2024
Previous assessed
$1,645,800
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,489,700
Assessed improvement
$156,100
Land market value
$1,489,700
Improvement market value
$156,100
Total market value
$1,645,800
Applied tax rate
66.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1988
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,960 SF
Lot
1.48 ac (64,469 SF)
Zoning code
REGIONAL C
APN
420071139
UPID
US90-1258040
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Fife, WAZoning REGIONAL C · permitted uses
REGIONAL C · Fife, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Ladonna Meadows
Individual
Mailing address
17710 16TH ST CT E, LAKE TAPPS, WA 98391-6781
Ownership since
2025
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
Feb 7, 2025
—
6300 Pacific Hwy LLC
—
Deed
related
$4,860,000 · M & T Bank
Jan 6, 2025
—
Ladonna Meadows
Leslie H Meadows
Deed
related
—
Jan 30, 2020
—
6300 Pacific Hwy LLC
—
Deed
related
$4,860,000 · M & T Bank
Jun 29, 2017
—
6300 Pacific Hwy LLC
—
Grant Deed
related
$5,250,000 · Bank Of America
Apr 23, 2013
—
6300 Pacific Hwy LLC
Wells Fargo Bk NA 2007-1
Quit Claim Deed
related
—
Apr 23, 2013
$6,100,000
6300 Pacific Hwy LLC
Wells Fargo Bk NA 2007-1
Grant Deed
—
Dec 3, 2012
—
Wells Fargo Bank NA 2007-1
Ge Coml Fin Busn Prop Corp
Grant Deed
—
Jan 27, 2012
—
Coml Finance Busn Prop Co Ge
General Electric Credit Equiti
Quit Claim Deed
related
—
Dec 28, 2011
$6,000,000
Electric Credit Equiti
Haberthur Phillip J
Trustees Deed
related
—
Mar 29, 2005
—
S & C Investments LLC
—
Trustees Deed
related
$6,600,000 · Frontier Bank
Feb 23, 2004
—
S & C Investments INC
Dunkin,steven P & Cynthia A
Quit Claim Deed
$3,758,998 · Frontier Bank
Mar 1, 2001
—
Steven P Dunkin
Great Investments Partnership
Quit Claim Deed
related
—
Mar 13, 1995
$575,000
Great Investments Partnership
Reeder,merl R & Deborah M
Grant Deed
$553,500 · West One Bank Washington
—
—
6300 Pacific Hwy LLC
—
Deed Of Trust
related
$4,200,000 · Bank Of America
—
—
Merl R Reeder
—
Deed Of Trust
related
$66,254 · Rainier Credit
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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