New search
Property profile & analytics
OFF-MARKET
Office Spaces
2720 70th E Ave, Fife, WA 98424-3643
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0840850
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1948
Construction
WOOD FRAME
Total area
1,941 SF
Lot
0.45 ac (19,519 SF)
Zoning code
INDUSTRIAL
APN
420074008
UPID
US90-0840850
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
T & E Properties LLC · 8 yrs held
T & E Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
INDUSTRIAL · Fife, 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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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
$4,510
Tax year 2024
Assessed value
$474,200
Assessed 2024
Previous assessed
$474,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$434,900
Assessed improvement
$39,300
Land market value
$434,900
Improvement market value
$39,300
Total market value
$474,200
Applied tax rate
66.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1948
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
1
Total area
1,941 SF
Lot
0.45 ac (19,519 SF)
Zoning code
INDUSTRIAL
APN
420074008
UPID
US90-0840850
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
INDUSTRIAL · Fife, WA
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · Fife, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fife. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
T & E Properties LLC
Entity
Mailing address
2720 70TH AVE E, FIFE, WA 98424-3643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Feb 21, 2018
$494,719
T & E Properties LLC
Ho Choi Chon
Warranty Deed
$484,500 · First Citizens Bank & Trust Co
Apr 15, 2011
$32,800
City Of Fife
Choi,chon H & Eun S
Warranty Deed
—
Dec 30, 1998
$298,000
Chon H Choi
Harnisch Enterprises
Grant Deed
$253,000 · Money Store Investment Corp
Nov 26, 1996
$83,000
Herburger,harnish & Enterprises
Freestone,shirley Hase Estate
Trustees Deed
—
Nov 26, 1996
—
Greg Herburger
Herburger,isabella
Quit Claim Deed
related
$83,986 · Key Bank Of Washington
Dec 13, 1988
$82,300
Port Of Tacoma Land Assoc
Unknown
Grant Deed
—
—
—
Chon H Choi
—
Deed Of Trust
related
$319,000 · Us Bank NA
—
—
Harinsch Enterprises INC
—
Deed Of Trust
related
$190,490 · Key Bank NA
—
—
Chon H Choi
—
Deed Of Trust
related
$100,000 · Key Bank NA
—
—
Chon H Choi
—
Deed Of Trust
related
$241,604 · Pacific International 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 2720 70th E Ave?
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.
