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Property profile & analytics
FOR SALE
Retail space
3502 74th St, Tacoma, WA 98409-3912
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-2999853
For Sale
1 / 17
$699,000
3502 74th St, Tacoma, WA 98409-3912
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD FRAME
Total area
2,445 SF
Lot
0.13 ac (5,625 SF)
Zoning code
C1
APN
5955000090
UPID
US90-2999853
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
Smp Bael LLC · 1 yrs held
Smp Bael LLC
since 2025
7 recorded transactions
Zoning & alternative use
C1 · 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
$5,244
Tax year 2024
Assessed value
$471,100
Assessed 2024
Previous assessed
$471,100
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$139,000
Assessed improvement
$332,100
Land market value
$139,000
Improvement market value
$332,100
Total market value
$471,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2008
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Total area
2,445 SF
Lot
0.13 ac (5,625 SF)
Zoning code
C1
APN
5955000090
UPID
US90-2999853
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Tacoma, WA
Zoning C1 · permitted uses
C1 · 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
2008
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Smp Bael LLC
Entity
Mailing address
2523 85TH AVE NE, LAKE STEVENS, WA 98258-6437
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2025
—
Smp Bael LLC
Nathanael W Swegle
Deed
related
—
Dec 11, 2024
—
Smp Realty LLC
Nathanael W Swegle
Deed
related
—
May 10, 2019
$700,000
Smp Real LLC
Swegle,nathanael W & Nate
Warranty Deed
—
Dec 15, 2017
—
Thuy Swegle
—
Deed
related
$415,000 · Timberland Bank
Aug 24, 2007
—
Nathan Swegle
—
Trustees Deed
related
$350,000 · Timberland Bank
Nov 9, 2004
$99,500
Nate Swegle
Key Bank Natl Assn
Grant Deed
$94,525 · Bank Of America
Feb 9, 2004
$85,760
Keybank National Association
Professional Foreclosure
Trustees Deed
—
Feb 10, 1995
$50,000
Chang K Lee
Park,jin Y
Grant Deed
$35,000 · United Savings & Loan Bank
Jun 6, 1990
$40,000
Jin Y Park
Unknown
Grant Deed
—
—
—
Hye S Lee
—
Deed Of Trust
related
$20,004 · Key Bank NA
—
—
Hye S Lee
—
Deed Of Trust
related
$26,693 · Key Bank NA
—
—
Chang K Lee
—
Deed Of Trust
related
$80,000 · Headlands Mortgage
—
—
Chang K Lee
—
Deed Of Trust
related
$11,339 · Us Bank Of Washington
—
—
Nathan Swegle
—
Deed Of Trust
related
$380,000 · Timberland Bank
—
—
Chang K Lee
—
Deed Of Trust
related
$20,691 · Us Bank Of Washington
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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