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Property profile & analytics
OFF-MARKET
Automotive properties
3701 20th E St Tacoma, WA 98424-1705
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1619823
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
55,488 SF
Lot
3.34 ac (145,490 SF)
Zoning code
REGIONAL C
APN
320111019
UPID
US90-1619823
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
-
Tesla Car Dealership
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
Mi Fife Owner LLC · 4 yrs held
Mi Fife Owner LLC
since 2021
Last sale
$28.5M
7 recorded transactions
Zoning & alternative use
REGIONAL C · Tacoma, 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 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
$82,366
Tax year 2024
Assessed value
$8,666,500
Assessed 2024
Previous assessed
$8,666,500
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$3,044,500
Assessed improvement
$5,622,000
Land market value
$3,044,500
Improvement market value
$5,622,000
Total market value
$8,666,500
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
55,488 SF
Lot
3.34 ac (145,490 SF)
Zoning code
REGIONAL C
APN
320111019
UPID
US90-1619823
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Tacoma, WAZoning REGIONAL C · permitted uses
REGIONAL C · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.34 ac
Current owner
From public records · entity-resolved
Mi Fife Owner LLC
Entity
Mailing address
11100 SANTA MONICA BLVD STE #240, LOS ANGELES, CA 90025-5296
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
Mi Fife Owner LLC
—
Deed
related
$273,400,000 · Ocbc Bank
Oct 1, 2021
$28,500,000
Mi Fife Owner LLC
Drake Motor Partners Four LLC
Bargain And Sale Deed
$18,300,000 · Bank Of America NA
Feb 8, 2021
$14,000,000
Drake Motor Partners Four LLC
Rj3701 LLC
Special Warranty Deed
$15,076,800 · Independent Bank
Aug 30, 2012
$4,300,000
Rj3701 LLC
Freeway Jam LLC
Warranty Deed
—
Aug 5, 2004
—
Freeway Jam LLC
Standard Paper
Warranty Deed
$2,700,000 · First Independent Bank
—
—
Standard Paper Co INC
—
Deed Of Trust
related
$900,000 · Us Bank Of Washington
—
—
Standard Paper Co
—
Deed Of Trust
related
$2,445,000 · Washington Mutual
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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