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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Medical Office Space
2312 30th St, Tacoma, WA 98403-3356
Entity Owned
31-yr Hold
~
Est. High Equity
Property ID
US90-0929186
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
WOOD FRAME
Total area
5,886 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C2
APN
8910000970
UPID
US90-0929186
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
-
Plancich Dental Dental Office
-
Miller Megan DDS Dental Office
-
Anthem Coffee & Tea | Old Town Cafe & Coffee Shop
-
Jamie Walker Family Law PLLC Law Firm
-
Dr. Gregory Plancich Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$1.18M
Owner & transaction history
M J Enterprises · 31 yrs held
M J Enterprises
since 1994
3 recorded transactions
Zoning & alternative use
C2 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+26.0%
Retail stores
$1.8M
+23.4%
Warehouse, storage
$1.8M
+22.4%
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%
$1,400,000
6.5%
$1,295,000
7%
$1,200,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,440,000
Current use
COMMERCIAL (GENERAL)
$1,815,000
Change: +26% · Conversion: Easy
RETAIL STORES
$1,775,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,765,000
Change: +22% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,315,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±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
$200 / 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
$30,019
Tax year 2024
Assessed value
$2,701,700
Assessed 2024
Previous assessed
$2,701,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$279,200
Assessed improvement
$2,422,500
Land market value
$279,200
Improvement market value
$2,422,500
Total market value
$2,701,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
2
Total area
5,886 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C2
APN
8910000970
UPID
US90-0929186
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1998
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
M J Enterprises
Entity
Mailing address
2312 N 30TH ST, TACOMA, WA 98403-3356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 1997
—
Mj Enterprises
—
Grant Deed
related
$1,076,000 · Columbia Bank
Oct 17, 1994
$211,000
M J Enterprises
Karabaich,anton G & Lorraine
Grant Deed
$158,250 · Enterprise Bank Of Bellevue
—
—
Mj Enterprises
—
Deed Of Trust
related
$265,000 · Columbia 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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