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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
1901 Mildred W St Tacoma, WA 98466-6132
Entity Owned
12-yr Hold
Free & Clear
Property ID
US90-0424619
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
WOOD FRAME
Total area
3,628 SF
Lot
0.3 ac (12,940 SF)
Zoning code
CC
APN
2624000020
UPID
US90-0424619
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
-
NARROWS MARKET Grocery & Convenience Store
-
Cash2Bitcoin Bitcoin ATM Crypto Atm
-
Narrows kebab house Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$418k
Blend (final)
Blend
$645k
Owner & transaction history
Liberty Cougs LLC · 12 yrs held
Liberty Cougs LLC
since 2014
7 recorded transactions
Zoning & alternative use
CC · Tacoma, WA
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
$450,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$670,000
7%
$625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,075,000
Change: -2% · Conversion: Easy
MEDICAL BUILDING
$890,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$178 / 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
$7,109
Tax year 2024
Assessed value
$745,800
Assessed 2024
Previous assessed
$745,800
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$319,200
Assessed improvement
$426,600
Land market value
$319,200
Improvement market value
$426,600
Total market value
$745,800
Applied tax rate
70.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
3
Total area
3,628 SF
Lot
0.3 ac (12,940 SF)
Zoning code
CC
APN
2624000020
UPID
US90-0424619
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Tacoma, WAZoning CC · permitted uses
CC · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$890,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Liberty Cougs LLC
Entity
Free & Clear · 12 yrs held
Mailing address
6622 19TH ST W, FIRCREST, WA 98466-6131
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Jun 13, 2014
—
Liberty Cougs LLC
Alghzali,waleed Y
Quit Claim Deed
related
—
Dec 27, 2010
$61,000
Waleed Y Alghzali
Washam,dale
Grant Deed
related
—
Oct 17, 2005
$300,000
Tcast Communications INC
Sheriff Of Pierce County
Trustees Deed
—
Sep 29, 2005
—
Tcast Communications INC
Lee,jung S & Kyung C
Quit Claim Deed
related
—
—
—
Jung S Lee
—
Deed Of Trust
related
$552,000 · Pacific Coast Investment Co
—
—
Jung S Lee
—
Deed Of Trust
related
$552,000 · Pacific Coast Investment Co
—
—
Jung S Lee
—
Deed Of Trust
related
$674,000 · Us Bank NA
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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