Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

18823 Pacific Ave S Spanaway, WA 98387

FOR SALE
Retail space
View Listing
Property ID
US90-3127252
4,800 SF 0.36 ac lot Built 1950
Last sale Aug 2024 · $509,459
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$689k
Assessed land$330k
Assessed improvement$359k
Effective rate1.47%

Value estimate

· Oct 2026
$560k
$504k – $616k
AI approach$560k
CAP approach$640k
Submarket $/SF estimate$530k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$10k
Operating expenses−$18k
NOI · 8.18% cap applied$42k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$306/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$154 – $475
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.18%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CE
The intent of this district is to provide for areas in the communities where low to moderate intensity industrial activities (manufacturi...
General categoryINDUSTRIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.9
Law Firm13.9
Dental Office13.3

Location

18823 Pacific Ave S Spanaway, WA 98387
County assessor Recorded deeds · 13 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17502 Pacific S, Spanaway, WA 98387-8263 $123,345 May 2024 3,018 SF
215 167th S, Spanaway, WA 98387-8610 $550,000 Apr 2022 5,372 SF
16317 Pacific S, Spanaway, WA 98387-8294 $375,000 Jan 2021 6,093 SF
16215 Park S, Spanaway, WA 98387-8909 $220,000 Jan 2021 3,500 SF
20718 Mtn E, Spanaway, WA 98387-8180 $569,219 Apr 2019 6,607 SF
21323 Mtn E, Spanaway, WA 98387-7569 $1,499,719 Dec 2018 3,360 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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