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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Assisted living facilities
242 St Helens Ave Tacoma, WA 98402-2514
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1317117
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
64,756 SF
Lot
0.9 ac (39,065 SF)
Zoning code
DR
APN
2002080070
UPID
US90-1317117
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
-
Active Day TBI Adult Day Care
-
Katrina Vogler Physician
-
Austin Dancer Physician
-
Cascade Park Vista Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Grand Park Real Estate LLC · 5 yrs held
Grand Park Real Estate LLC
since 2021
Last sale
$628,062
7 recorded transactions
Zoning & alternative use
DR · 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
$695,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $628k (Apr 13 2021)
Last sale anchor
$628k
Apr 13 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
$12 / 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
$114,403
Tax year 2024
Assessed value
$10,299,100
Assessed 2024
Previous assessed
$10,299,100
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$4,120,400
Assessed improvement
$6,178,700
Land market value
$4,120,400
Improvement market value
$6,178,700
Total market value
$10,299,100
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
4
Units
103
Total area
64,756 SF
Lot
0.9 ac (39,065 SF)
Zoning code
DR
APN
2002080070
UPID
US90-1317117
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
DR · Tacoma, WA
Zoning DR · permitted uses
DR · 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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
103
Lot
0.9 ac
Current owner
From public records · entity-resolved
Grand Park Real Estate LLC
Entity
Mailing address
11939 NW PIONEER RD, SEABECK, WA 98380-9008
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2024
—
Grand Park Real Estate LLC
—
Deed
related
$4,000,000 · Umpqua Bank
Mar 31, 2022
—
Grand Park Real Estate LLC
—
Deed
related
$1,920,000 · Umpqua Bank
Aug 27, 2021
—
Cascade Park Gardens Real Estate Ll
—
Deed
related
$600,000 · Hssl Holding Companu LLC
Apr 13, 2021
$628,062
Grand Park Real Estate LLC
Vista Real Estate LLC
Warranty Deed
$11,450,000 · First American Title Insurance
Apr 13, 2021
—
Cascade Park Gardens Real Estate Ll
—
Deed
related
$1,920,000 · Hssl Holding Company
Aug 29, 2000
—
Vista Real Estate LLC
Hansen Trust
Quit Claim Deed
related
—
Aug 28, 1998
—
Grande Park LLC
Wilmington Trust
Grant Deed
related
—
Jun 30, 1988
$1,625,000
John R Lipscomb
Unknown
Grant Deed
—
—
—
John R Lipscomb
—
Deed Of Trust
related
$60,000 · Puget Sound National Bank
—
—
Vista Real Estate LLC
—
Deed Of Trust
related
$4,481,800 · Greystone Funding Corp
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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