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Property profile & analytics
OFF-MARKET
Office Spaces
3534 Portland Ave Tacoma, WA 98404-4834
Entity Owned
9-yr Hold
Absentee Owner
Property ID
US90-0310228
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1941
Construction
FRAME
Total area
1,330 SF
Lot
0.2 ac (8,687 SF)
Zoning code
C1
APN
4715022112
UPID
US90-0310228
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
Current use
Occupant on record · Public records
-
Solutions Real Estate Real Estate Agency
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
Timber Coast Properties LLC · 9 yrs held
Timber Coast Properties LLC
since 2017
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
$4,780
Tax year 2024
Assessed value
$429,300
Assessed 2024
Previous assessed
$429,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$181,000
Assessed improvement
$248,300
Land market value
$181,000
Improvement market value
$248,300
Total market value
$429,300
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
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
1941
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,330 SF
Lot
0.2 ac (8,687 SF)
Zoning code
C1
APN
4715022112
UPID
US90-0310228
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
1941
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Timber Coast Properties LLC
Entity
Mailing address
1510 160TH ST NW, GIG HARBOR, WA 98332-9764
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
—
Tcp LLC
—
Deed
related
$500,000 · Brian E Deer
Jul 22, 2022
—
Timber Coast Properties LLC
—
Deed
related
$335,000 · Red Canoe Cu
Oct 12, 2021
—
Timber Coast Properties LLC
—
Deed
related
$100,000 · Alc Investments LLC
Jan 16, 2020
—
Timber Coast Properties LLC
—
Deed
related
$175,000 · American Land & Cap
Oct 22, 2019
—
Timber Coast Properties LLC
—
Deed
related
$180,000 · Red Canoe Cu
Dec 18, 2017
—
Timber Coast Properties LLC
—
Deed
related
$75,000 · Private Individual
Jul 17, 2017
$100,000
Timber Coast Properties LLC
Paul Sandra L
Warranty Deed
$107,000 · American Land & Cap
May 31, 1995
$75,602
John P Paul
Veterans Administration
Grant Deed
$63,600 · Phoenix Mortgage & Investment
Jan 31, 1995
$64,394
Veterans Administration
Stm Mortgage Co
Grant Deed
related
—
Mar 8, 1993
$64,999
Timothy L Mc Cuistion
Unknown
Grant Deed
$65,600 · Medallion Mortgage Co
—
—
Sandra L Paul
—
Deed Of Trust
related
$5,961 · Tacoma Community Redevelopment
—
—
Timber Coast Properties LLC
—
Deed Of Trust
related
$180,000 · Red Canoe Cu
—
—
John P Paul
—
Deed Of Trust
related
$69,000 · Bank Of America
—
—
John P Paul
—
Deed Of Trust
related
$32,000 · First Union Home Equity Bank
—
—
Timber Coast Properties LLC
—
Deed Of Trust
related
$175,000 · American Land & Cap
—
—
Sandra L Mason
—
Deed Of Trust
related
$7,298 · Tacoma Community Redevelopment
—
—
Timber Coast Properties LLC
—
Deed Of Trust
related
$75,000 · Private Individual
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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