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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Motels
3021 Pacific E Hwy Tacoma, WA 98424-1023
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1184595
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
WOOD FRAME
Total area
80,772 SF
Lot
0.63 ac (27,300 SF)
Zoning code
REGIONAL C
APN
7085000282
UPID
US90-1184595
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
-
GuestHouse Fife Hotel & Motel
-
Quality Inn Hotel & Motel
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.98M
Owner & transaction history
3025 Pacific LLC · 6 yrs held
3025 Pacific LLC
since 2020
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
REGIONAL C · Tacoma, WA
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
$2,980,000
ML approach
$3,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±10% · vs last sale $3.05M (May 7 2020)
Last sale anchor
$3.05M
May 7 2020
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
$37 / 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
$66,783
Tax year 2024
Assessed value
$7,068,600
Assessed 2024
Previous assessed
$7,068,600
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$847,300
Assessed improvement
$6,221,300
Land market value
$847,300
Improvement market value
$6,221,300
Total market value
$7,068,600
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
3
Units
91
Total area
80,772 SF
Lot
0.63 ac (27,300 SF)
Zoning code
REGIONAL C
APN
7085000282
UPID
US90-1184595
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Tacoma, WAZoning REGIONAL C · permitted uses
REGIONAL C · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
91
Lot
0.63 ac
Current owner
From public records · entity-resolved
3025 Pacific LLC
Entity
Mailing address
13420 NE 83RD ST, REDMOND, WA 98052-1948
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2020
—
3025 Pacific LLC
Brenner Motel LLC
Grant Deed
$1,517,000 · Jase LLC
Jun 28, 2001
—
Tae M Park
—
Deed Of Trust
related
$1,780,000 · California Chohung Bank
Dec 5, 2000
—
Tae M Park
—
Deed Of Trust
related
$2,780,000 · Individual
—
—
Tae M Park
—
Deed Of Trust
related
$250,000 · Soon M & Young J
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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