New search
Property profile & analytics
OFF-MARKET
Estimated value
$17,230,000
Hotels
2611 Ee St, Tacoma, WA 98421-1225
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3364500
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
CONCRETE
Total area
82,441 SF
Lot
1.03 ac (44,997 SF)
Zoning code
UCX-TD
APN
2076240011
UPID
US90-3364500
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
$12.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.46M
Blend (final)
Blend
$17.23M
Owner & transaction history
Sc Hospitality LLC · 1 yrs held
Sc Hospitality LLC
since 2025
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
UCX-TD · 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
$17,455,000
ML approach
$12,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$26,645,000
Current use
COMMERCIAL (GENERAL)
$25,415,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$24,895,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$24,700,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$17.23M
Range $15.51M – $18.95M · ±10% · vs last sale $17.00M (Apr 1 2025)
Last sale anchor
$17.00M
Apr 1 2025
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
$209 / 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
$144,449
Tax year 2024
Assessed value
$13,004,300
Assessed 2024
Previous assessed
$13,004,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,610,800
Assessed improvement
$10,393,500
Land market value
$2,610,800
Improvement market value
$10,393,500
Total market value
$13,004,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
6
Units
162
Total area
82,441 SF
Lot
1.03 ac (44,997 SF)
Zoning code
UCX-TD
APN
2076240011
UPID
US90-3364500
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
UCX-TD · Tacoma, WA
Zoning UCX-TD · permitted uses
UCX-TD · 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
HOTEL/MOTEL Current
Est. value
$26.6M
COMMERCIAL (GENERAL)
Est. value
$25.4M
RETAIL STORES
Est. value
$24.9M
WAREHOUSE, STORAGE
Est. value
$24.7M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1984
Construction
CONCRETE
Heating
HEAT PUMP
Stories
6
Buildings
2
Units
162
Lot
1.03 ac
Current owner
From public records · entity-resolved
Sc Hospitality LLC
Entity
Mailing address
2611 EE ST, TACOMA, WA 98421-1225
Mailing matches property
Yes
Owner-occupied
Yes
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
$17,000,000
Sc Hospitality LLC
Seasons Hotels LLC
Warranty Deed
$14,250,000 · Coastal Community Bank
Nov 14, 2022
—
Seasons Hotels LLC
—
Deed
related
$9,000,000 · Unibank
Nov 9, 2017
—
Seasons Hotels LLC
—
Deed
related
$8,500,000 · Bank Of Hope
Jan 19, 2006
—
Seasons Hotels LLC
—
Trustees Deed
related
$878,708 · City Bank
Aug 1, 2005
$4,250,000
Seasons Hotels LLC
Ferryman Ents
Warranty Deed
$5,633,915 · City Bank
Jun 16, 2004
—
Il E Ferryman
—
Deed Of Trust
related
$6,250,000 · Olympic Coast Investment INC
Feb 23, 2004
—
Olympic Coast Investment INC
Frontier Bank
Quit Claim Deed
related
—
Dec 15, 1989
$3,420,000
Gibralter Savings
Unknown
Grant Deed
related
—
—
—
Seasons Hotels LLC
—
Deed Of Trust
related
$1,417,528 · City Bank
—
—
Seasons Hotels LLC
—
Deed Of Trust
related
$8,853,459 · City Bank
—
—
H E Ferryman
—
Deed Of Trust
related
$5,000,000 · Olympic Coast Investment INC
—
—
Seasons Hotels LLC
—
Deed Of Trust
related
$8,500,000 · Bank Of Hope
—
—
Harry E Ferryman
—
Deed Of Trust
related
$500,000 · Mainlander Services Corp
—
—
Seasons Hotel LLC
—
Deed Of Trust
related
$500,000 · Tacoma Community Redevelopment
—
—
Seasons Hotels LLC
—
Deed Of Trust
related
$1,846,875 · City Bank
—
—
H E Ferryman
—
Deed Of Trust
related
$2,150,000 · Mainlander Services Corp
—
—
H E Ferryman
—
Deed Of Trust
related
$2,150,000 · Mainlander Services Corp
—
—
Hotels LLC
—
Deed Of Trust
related
$6,200,000 · Standard Insurance Co
—
—
Seasons Hotels LLC
—
Deed Of Trust
related
$1,208,015 · City 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2611 Ee St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
