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Property profile & analytics
OFF-MARKET
Assisted living facilities
2510 Meridian E Ave Edgewood, WA 98371-2164
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1894842
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2014
Construction
WOOD FRAME
Total area
2,888 SF
Lot
1.32 ac (57,586 SF)
Zoning code
TC
APN
420094143
UPID
US90-1894842
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edgewood Special Care Communit · 11 yrs held
Edgewood Special Care Communit
since 2015
7 recorded transactions
Zoning & alternative use
TC · Edgewood, 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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$49,423
Tax year 2024
Assessed value
$4,700,400
Assessed 2024
Previous assessed
$4,700,400
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,044,500
Assessed improvement
$3,655,900
Land market value
$1,044,500
Improvement market value
$3,655,900
Total market value
$4,700,400
Applied tax rate
770.0000
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
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
2,888 SF
Lot
1.32 ac (57,586 SF)
Zoning code
TC
APN
420094143
UPID
US90-1894842
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
TC · Edgewood, WA
Zoning TC · permitted uses
TC · Edgewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
1.32 ac
Current owner
From public records · entity-resolved
Edgewood Special Care Communit
Individual
Mailing address
7900 SE 28TH ST STE #416, MERCER ISLAND, WA 98040-2970
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Jun 5, 2019
—
Edgewood Special Care Cmnty Ll
—
Deed
related
$7,966,244 · Timberland Bk
Apr 23, 2018
—
Edgewood Special Care Community LLC
—
Deed
related
$7,200,000 · Timberland Bank
Sep 29, 2016
—
Vladimir Tyshkun
—
Deed
related
$562,000 · Washington Fed'l Svgs
May 27, 2015
—
Edgewood Special Care Communit
Round Lake Dev Group LLC
Quit Claim Deed
related
—
Aug 1, 2013
$806,008
Round Lake Dev Group LLC
Timberland Bk
Warranty Deed
$644,806 · Timberland Bank
Nov 13, 2009
$565,200
State Of Wa Dept/transportation
Timberland Bk
Warranty Deed
—
—
—
Edgewood Special Care Cmnty Ll
—
Loan Modification
related
$7,966,244 · Timberland Bk
—
—
Round Lake Dev Group LLC
—
Loan Modification
related
$5,614,388 · Timberland Bk
—
—
Vladimir Tyshkun
—
Deed Of Trust
related
$562,000 · Washington Fed'l Svgs
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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