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Property profile & analytics
OFF-MARKET
Estimated value
$5,580,000
Motels
3518 Pacific E Hwy, Fife, WA 98424-1121
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0766581
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1980
Construction
WOOD FRAME
Total area
22,195 SF
Lot
1.25 ac (54,276 SF)
Zoning code
REGIONAL C
APN
320024106
UPID
US90-0766581
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
$5.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.12M
Blend (final)
Blend
$5.58M
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
Top alternative use upside
Restaurant
$8.7M
+21.1%
Auto repair, garage
$8.2M
+14.3%
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
$5,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,175,000
Current use
RESTAURANT
$8,690,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,200,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$6,700,000
Change: -7% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,650,000
Change: -7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,840,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.58M
Range $5.02M – $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
$251 / 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
$45,071
Tax year 2024
Assessed value
$4,742,200
Assessed 2024
Previous assessed
$4,742,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,784,300
Assessed improvement
$2,957,900
Land market value
$1,784,300
Improvement market value
$2,957,900
Total market value
$4,742,200
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
1980
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
3
Units
78
Total area
22,195 SF
Lot
1.25 ac (54,276 SF)
Zoning code
REGIONAL C
APN
320024106
UPID
US90-0766581
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
HOTEL/MOTEL Current
Est. value
$7.2M
RESTAURANT
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$8.2M
RETAIL STORES
Est. value
$6.7M
WAREHOUSE, STORAGE
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
3
Units
78
Lot
1.25 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
21 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
$3,799,719
Fife Real Properties LLC
Darshan S Randhawa
Warranty Deed
$2,700,000 · Heritage Bank
Jul 15, 2005
$953,350
Darshan S Randhawa
Deshl,parmjeet K
Quit Claim Deed
related
$2,197,585 · Pacific International Bank
Jul 12, 2005
—
Darshan Randhawa
Darpar
Quit Claim Deed
related
—
Aug 7, 1996
$2,300,000
Jung S An
Chae,tae Y & Jeong J
Grant Deed
—
Mar 31, 1992
$1,969,600
Sohn Corp
Unknown
Grant Deed
—
—
—
Darshan S Randhawa
—
Deed Of Trust
related
$598,000 · Matrix Capital Bank
—
—
Darpar
—
Deed Of Trust
related
$1,333,000 · Temecula Valley National Bank
—
—
Darpar
—
Deed Of Trust
related
$262,000 · Steven S & Connie L Kang
—
—
Steven S Kang
—
Deed Of Trust
related
$150,000 · Pacific International Bank
—
—
Darshan S Randhawa
—
Deed Of Trust
related
$3,000,000 · Unibank
—
—
Darshan Randhawa
—
Deed Of Trust
related
$250,000 · Unibank
—
—
Darshan S Randhawa
—
Deed Of Trust
related
$39,000 · Unibank
—
—
Darshan Randhawa
—
Deed Of Trust
related
$488,750 · Unibank
—
—
Steven S Kang
—
Deed Of Trust
related
$48,148 · Individual
—
—
Darshan Randhawa
—
Deed Of Trust
related
$204,665 · City Bank
—
—
Darshan Randhawa
—
Deed Of Trust
related
$3,000,000 · Unibank
—
—
Fife Lodging 1 INC
—
Deed Of Trust
related
$300,000 · Jasvir S Bains
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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