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Property profile & analytics
OFF-MARKET
Estimated value
$5,585,000
Commercial land
3516 Pacific E Hwy, Fife, WA 98424-1121
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1185080
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.17 ac (7,513 SF)
Zoning code
REGIONAL C
APN
320024085
UPID
US90-1185080
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
$5.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.59M
Owner & transaction history
Fife 81 LLC · 3 yrs held
Fife 81 LLC
since 2022
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, 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 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
$5,685,000
ML approach
$5,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.59M
Range $5.03M – $6.14M · ±10% · vs last sale $5.49M (Dec 29 2022)
Last sale anchor
$5.49M
Dec 29 2022
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
—
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
$2,351
Tax year 2024
Assessed value
$247,000
Assessed 2024
Previous assessed
$247,000
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$247,000
Land market value
$247,000
Total market value
$247,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,513 SF)
Zoning code
REGIONAL C
APN
320024085
UPID
US90-1185080
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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Fife 81 LLC
Entity
Mailing address
723 THE PKWY, RICHLAND, WA 99352-4259
Ownership since
2022
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
Oct 11, 2024
—
Fife 81 LLC
—
Deed
related
$6,900,000 · Seattle Metropolitan Cu
Dec 29, 2022
—
Fife 81 LLC
Sahara Apartments LLC
Quit Claim Deed
related
—
Mar 7, 2022
$5,492,200
Sahara Apartments LLC
Darshan Singh Randhawa
Warranty Deed
$6,072,605 · Housemax Funding Fund I LLC
Dec 28, 2018
$4,075,000
Darshan S Randhawa
Fife Real Properties LLC
Trustees Deed
$3,352,000 · Bank Of Hope
Feb 9, 2015
$3,800,000
Fife Real Properties LLC
Randhawa Darshan S
Grant Deed
$2,700,000 · Heritage Bk NA-09
Jul 15, 2005
$819,452
Darshan S Randhawa
Parmjeet K Deshi
Quit Claim Deed
related
$2,197,585 · Pacific International Bank
Jul 12, 2005
—
Darshan Randhawa
Darpar
Quit Claim Deed
related
—
Mar 31, 1992
$1,969,600
Sohn Corp
Unknown
Grant Deed
—
—
—
Darshan S Randhawa
—
Deed Of Trust
related
$39,000 · Unibank
—
—
Darshan S Randhawa
—
Deed Of Trust
related
$3,000,000 · Unibank
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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