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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Warehouses
361 Roy SW Rd 7 Pacific, WA 98047-2133
Entity Owned
17-yr Hold
Free & Clear
Property ID
US90-0993647
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
11,637 SF
Lot
1.37 ac (59,503 SF)
Zoning code
LIGHT INDU
APN
4495700106
UPID
US90-0993647
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
$1.51M
Owner & transaction history
City Of Pacific · 17 yrs held
City Of Pacific
since 2009
7 recorded transactions
Zoning & alternative use
LIGHT INDU · Pacific, WA
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 Pacific submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific 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
$130 / 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
$28,004
Tax year 2024
Assessed value
$2,584,300
Assessed 2024
Previous assessed
$2,584,300
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,163,300
Assessed improvement
$1,421,000
Land market value
$1,163,300
Improvement market value
$1,421,000
Total market value
$2,584,300
Applied tax rate
86.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
11,637 SF
Lot
1.37 ac (59,503 SF)
Zoning code
LIGHT INDU
APN
4495700106
UPID
US90-0993647
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
LIGHT INDU · Pacific, WAZoning LIGHT INDU · permitted uses
LIGHT INDU · Pacific, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Title 20 Zoning
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
City Of Pacific
Entity
Free & Clear · 17 yrs held
Mailing address
361 ROY RD SW, PACIFIC, WA 98047-2133
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2009
—
City Of Pacific
Bilbrey Ents Ptshp
Quit Claim Deed
related
—
Apr 25, 2007
—
Norm S Bilbrey
Bilbrey,sharon G
Quit Claim Deed
related
$1,500,000 · Columbia State Bank
Dec 29, 1989
$130,000
Norm S Bilbrey
Unknown
Grant Deed
$6,500 · Seller
—
—
Ents Bilbrey
—
Deed Of Trust
related
$456,987 · Northwest Commercial Bank
—
—
Norm S Bilbrey
—
Deed Of Trust
related
$138,471 · Fife Commercial Bank
—
—
Ents Ptshp Bilbrey
—
Deed Of Trust
related
—
—
—
Norm S Bilbrey
—
Deed Of Trust
related
$40,610 · Fife Commercial Bank
—
—
Ents Ptshp Bilbrey
—
Deed Of Trust
related
$1,092,224 · Northwest Commercial Bank
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.
Try Rey
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