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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Motels
3401 Pacific E Hwy 1, Fife, WA 98424-1118
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1072411
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1932
Construction
WOOD FRAME
Total area
2,142 SF
Lot
0.65 ac (28,379 SF)
Zoning code
REGIONAL C
APN
320024032
UPID
US90-1072411
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
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Saroya Investment LLC · 2 yrs held
Saroya Investment LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+106.5%
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
Method
Estimation
Statistic approach
$1,895,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,430,000
Change: +107% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10% · vs last sale $2.26M (Jul 31 2023)
Last sale anchor
$2.26M
Jul 31 2023
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
$973 / 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
$14,784
Tax year 2024
Assessed value
$1,555,200
Assessed 2024
Previous assessed
$1,555,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$954,900
Assessed improvement
$600,300
Land market value
$954,900
Improvement market value
$600,300
Total market value
$1,555,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1932
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
3
Stories
1
Units
27
Total area
2,142 SF
Lot
0.65 ac (28,379 SF)
Zoning code
REGIONAL C
APN
320024032
UPID
US90-1072411
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Fife, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL)
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
1932
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
3
Units
27
Lot
0.65 ac
Current owner
From public records · entity-resolved
Saroya Investment LLC
Entity
Ownership since
2023
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
Jul 31, 2023
$2,261,000
Saroya Investment LLC
Glacier Fife Motel INC
Warranty Deed
$1,890,700 · Bbcn Bank
Apr 16, 2019
$1,750,000
Glacier Fife Motel INC
Daniel J Chang
Warranty Deed
$1,500,000 · Bank Of Hope
Feb 6, 2017
—
Daniel J Chang
—
Deed
related
$1,510,000 · Bank Of Hope
Jun 10, 2015
$994,000
Daniel J Chang
Lee Hae C
Warranty Deed
$920,000 · Hana Small Busn Lndg
May 1, 1996
$650,000
Hae C Lee
Yon,chang M & Wook H
Grant Deed
$625,000 · City Bank
Oct 21, 1991
$410,000
Daniel Lee
Unknown
Grant Deed
—
—
—
Hae C Lee
—
Deed Of Trust
related
$492,572 · Unibank
—
—
Hae C Lee
—
Deed Of Trust
related
$555,000 · Unibank
—
—
Daniel J Chang
—
Deed Of Trust
related
$1,510,000 · Bank Of Hope
—
—
Hae C Lee
—
Deed Of Trust
related
—
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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