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Property profile & analytics
OFF-MARKET
Estimated value
$6,000,000
Grocery and convenience stores
3124 26th St Tacoma, WA 98407-6352
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0030093
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1956
Construction
WOOD FRAME
Total area
2,214 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C1
APN
9730000380
UPID
US90-0030093
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
-
76 Gas Station
-
Old Town Grocery Grocery & Convenience Store Food Market
-
Bitcoin Depot ATM Atm
-
ATM (Alder 76) Atm
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.00M
Owner & transaction history
Sarabjit And Maneet LLC · 2 yrs held
Sarabjit And Maneet LLC
since 2024
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
C1 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, and service uses. All uses permitted in the Transitional District are also permitted in the C -1 District with the addition of fueling stations. Building sizes are limited for compatibility with surrounding residential areas.…
Zone name
Commercial
General category
COMMERCIAL
Zone area
179.24 ac
Source
Ordinance Table
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
$6,000,000
ML approach
$6,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.00M
Range $5.40M – $6.60M · ±10% · vs last sale $6.00M (May 8 2024)
Last sale anchor
$6.00M
May 8 2024
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
$2,710 / 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
$10,008
Tax year 2024
Assessed value
$900,000
Assessed 2024
Previous assessed
$900,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$551,500
Assessed improvement
$348,500
Land market value
$551,500
Improvement market value
$348,500
Total market value
$900,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1956
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Units
1
Total area
2,214 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C1
APN
9730000380
UPID
US90-0030093
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Tacoma, WAZoning C1 · permitted uses
C1 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, and service uses. All uses permitted in the Transitional District are also permitted in the C -1 District with the addition of fueling stations. Building sizes are limited for compatibility with surrounding residential areas. The maximum building height in this district is 35 feet.
Zone name
Commercial
General category
COMMERCIAL
Zone area
179.24 ac
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1956
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Sarabjit And Maneet LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Sarabjit And Maneet LLC
—
Deed
related
$950,000 · Phillips 66 Company
May 8, 2024
$6,000,000
Sarabjit And Maneet LLC
A N 81 LLC
Warranty Deed
$5,000,000 · Mountain Pacific Bank
Jul 19, 2018
—
A N 81 LLC
—
Deed
related
$75,000 · Phillips 66 Co
Mar 19, 2018
—
A N 81 LLC
—
Deed
related
$75,000 · Phillips 66 Co
Sep 20, 2016
—
An 81 LLC
—
Deed
related
$50,000 · Phillips 66 Co
May 6, 2016
—
An 81 LLC
—
Deed
related
$170,000 · Phillips 66 Co
Jun 30, 2015
$850,000
An 81 LLC
Alder Street LLC
Warranty Deed
$680,000 · Alder Street LLC
Oct 29, 2004
$550,000
Alder Street LLC
Souza Ents LLC
Warranty Deed
—
Oct 7, 2002
$710,000
Souza Enterprises LLC
Singh,malkit
Grant Deed
$950,000 · Comerica Bank California
Jul 22, 1996
$550,000
Narwal,harbhajan S
Petrich,tony K & Betty J
Trustees Deed
—
Jul 22, 1996
—
Malkit Singh
Kaur,kanjit
Quit Claim Deed
related
$299,000 · Individual
—
—
An 81 LLC
—
Deed Of Trust
related
$170,000 · Phillips 66 Co
—
—
An 81 LLC
—
Deed Of Trust
related
$50,000 · Phillips 66 Co
—
—
Old Towne Station INC
—
Deed Of Trust
related
$100,000 · Tosco Corp
—
—
A N 81 LLC
—
Deed Of Trust
related
$75,000 · Phillips 66 Co
—
—
A N 81 LLC
—
Deed Of Trust
related
$75,000 · Phillips 66 Co
—
—
Malkit Singh
—
Deed Of Trust
related
$800,000 · Heller First Capital
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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