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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
1901 I St Tacoma, WA 98405-3810
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1798283
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Lot
0.04 ac (1,720 SF)
Zoning code
T
APN
2019170020
UPID
US90-1798283
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
-
Kram & Wooster, P.S. Law Firm
-
Allen McKenzie Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Kjwm Building LLC · 5 yrs held
Kjwm Building LLC
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
T · 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
$890,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $800k (Jun 25 2021)
Last sale anchor
$800k
Jun 25 2021
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
—
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
$1,008
Tax year 2024
Assessed value
$89,700
Assessed 2024
Previous assessed
$89,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$89,700
Land market value
$89,700
Total market value
$89,700
Applied tax rate
5.0000
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 buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.04 ac (1,720 SF)
Zoning code
T
APN
2019170020
UPID
US90-1798283
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
T · Tacoma, WA
Zoning T · permitted uses
T · 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
Heating
NONE
Lot
0.04 ac
Current owner
From public records · entity-resolved
Kjwm Building LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1901 S I ST, TACOMA, WA 98405-3810
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
Kjwm Building LLC
—
Deed
related
$500,000 · Us Bank NA
Jun 25, 2021
$231,351
Kjwm Building LLC
Robert Mclaughlin
Quit Claim Deed
related
—
Jun 25, 2021
$10,157
Kjwm Building LLC
Garold Johnson
Quit Claim Deed
related
—
Feb 25, 2019
—
Kjwm Building LLC
—
Deed
related
—
Dec 31, 2007
—
Kjwm Building LLC
Grayhack,anne M
Quit Claim Deed
related
$600,000 · Bank Of Tacoma
Jul 2, 2007
$800,000
Peter Kram
Leggett,james F
Grant Deed
—
Sep 30, 2005
—
Benson A Edwards
Armani Investments LLC
Quit Claim Deed
related
$312,170 · National City Mortgage Co
—
—
Kjwm Building LLC
—
Deed Of Trust
related
$516,000 · Commencement 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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