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Property profile & analytics
OFF-MARKET
Estimated value
$8,730,000
Warehouses
2211 112th S St, Tacoma, WA 98444-1545
Entity Owned
Free & Clear
Property ID
US90-1767157
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
WOOD FRAME
Total area
66,700 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CE
APN
319068020
UPID
US90-1767157
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
-
Evergreen Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Snapbox Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.73M
Owner & transaction history
Esp Holdco IV Fnw LLC
Esp Holdco IV Fnw LLC
since 2025
7 recorded transactions
Zoning & alternative use
CE · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,555,000
6.5%
$8,820,000
7%
$8,190,000
Blend value · Realmo final
$8.73M
Range $7.86M – $9.60M · ±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
$131 / 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
$105,849
Tax year 2024
Assessed value
$9,794,000
Assessed 2024
Previous assessed
$9,794,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,494,100
Assessed improvement
$8,299,900
Land market value
$1,494,100
Improvement market value
$8,299,900
Total market value
$9,794,000
Applied tax rate
450.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
SPACE
Stories
2
Units
537
Bathrooms
1
Total area
66,700 SF
Lot
2.56 ac (111,514 SF)
Zoning code
CE
APN
319068020
UPID
US90-1767157
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CE · Tacoma, WA
Zoning CE · permitted uses
CE · 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
Year built
2000
Construction
WOOD FRAME
Heating
SPACE
Stories
2
Units
537
Bathrooms
1
Lot
2.56 ac
Current owner
From public records · entity-resolved
Esp Holdco IV Fnw LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2727 LYNDON B JOHNSON FWY STE #806, DALLAS, TX 75234-7334
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
$9,459,265
Esp Holdco IV Fnw LLC
First Neck Parkland LLC
Special Warranty Deed
—
Aug 22, 2018
$4,549,719
First Neck Parkland LLC
Parkland Storage Court LLC
Bargain And Sale Deed
$6,670,000 · Citi Real Estate Funding INC
Aug 3, 2015
$3,499,719
Parkland Storage Court LLC
Steele Street LLC
Bargain And Sale Deed
$2,050,000 · Homestreet Bank
Apr 13, 1988
$22,500
Kinnes Of Tacoma
Unknown
Quit Claim Deed
related
—
—
—
Steele Street LLC
—
Deed Of Trust
related
$2,300,000 · First Community Bank Washingto
—
—
Steele Street LLC
—
Deed Of Trust
related
$193,112 · Fife Commercial Bank
—
—
Parkland Storage Court LLC
—
Loan Modification
related
—
—
—
Steele Street LLC
—
Deed Of Trust
related
$2,350,000 · General Electric Capital Corp
—
—
Will Kinne
—
Deed Of Trust
related
$20,000 · Individual
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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