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Property profile & analytics
OFF-MARKET
Office Spaces
3208 6th Ave Tacoma, WA 98406-5902
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-2736455
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1919
Construction
WOOD FRAME
Total area
867 SF
Lot
0.07 ac (3,000 SF)
Zoning code
C2
APN
3245003210
UPID
US90-2736455
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
Mung T Tran · 12 yrs held
Mung T Tran
since 2013
7 recorded transactions
Zoning & alternative use
C2 · 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
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
$3,085
Tax year 2024
Assessed value
$276,700
Assessed 2024
Previous assessed
$276,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$165,500
Assessed improvement
$111,200
Land market value
$165,500
Improvement market value
$111,200
Total market value
$276,700
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1919
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
867 SF
Lot
0.07 ac (3,000 SF)
Zoning code
C2
APN
3245003210
UPID
US90-2736455
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1919
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Mung T Tran
Individual
Mailing address
4802 N MULLEN ST, TACOMA, WA 98407-4506
Ownership since
2013
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
Nov 7, 2013
—
Mung T Tran
Hoang,linh N & Huy Q
Quit Claim Deed
related
—
Mar 22, 2012
$220,000
Linh N Hoang
First Svgs Bk Nw
Grant Deed
—
Feb 3, 2012
$75,000
Svgs Bk Nw First
Stephens J Roderik
Trustees Deed
related
—
Mar 21, 2005
$205,000
Portfolio Investments LLC
Allison Morse
Warranty Deed
$164,000 · Executive House INC
May 21, 2004
—
Allison Morse
Morse,melvin
Quit Claim Deed
related
—
Sep 30, 1997
$75,000
Melvin Morse
Droege,pauline S
Grant Deed
$67,500 · Seller
—
—
Allison M Morse
—
Deed Of Trust
related
$59,000 · Madrona Mortgage INC
—
—
Allison M Morse
—
Deed Of Trust
related
$50,000 · Madrona Mortgage INC
—
—
Allison Morse
—
Deed Of Trust
related
$66,600 · Washington Loan Co INC
—
—
Melvin Morse
—
Deed Of Trust
related
$60,000 · Columbia State 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.
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