Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3706th St St, WA

    • Apartment buildings
    • 3,200 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $295,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-3296948
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3706th St

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    3,200 SF
    Zone code
    R4L
    Property type
    Apartment buildings
    APN
    7470013094
    APU
    7470013094

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    St
    County
    Pierce
    State
    Washington
    Longitude
    -122.425
    Latitude
    47.2243
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,989
    $167,100
    $551,100
    $718,200
    -
    $167,100
    $551,100
    $718,200

    Comparable in this City

    • Value Estimation
      $85,000
      4,440 SF

      12117th 125th Ave Ct

      APARTMENT HOUSE (5+ UNITS) • 4,440 SF
      12117th 125th Ave Ct, E, WA
      View Details
    • Value Estimation
      $860,000
      6,112 SF

      5416th 58th St Ct

      APARTMENT HOUSE (100+ UNITS) • 6,112 SF
      5416th 58th St Ct, W, WA
      View Details
    • Value Estimation
      $245,000
      23,870 SF

      Yakima Ave, WA

      APARTMENT HOUSE (5+ UNITS) • 23,870 SF
      Yakima Ave, WA
      View Details
    • Value Estimation by Request
      6,015 SF

      2503 To 2541st S

      APARTMENT HOUSE (100+ UNITS) • 6,015 SF
      2503 To 2541st S, Meridian, WA
      View Details
    • Value Estimation by Request
      5,203 SF

      7507th 180th St

      APARTMENT HOUSE (5+ UNITS) • 5,203 SF
      7507th 180th St, E, WA
      View Details
    • Value Estimation
      $13,660,000
      25,840 SF

      112th St

      APARTMENT HOUSE (100+ UNITS) • 25,840 SF
      112th St, Sw, WA
      View Details

    Similar Nearby for Sale

    • $1,800,000
      5,872 SF

      Fall City Mixed-Use Investment Property

      Mixed-use property with established restaurants and apartment in Fall City.
      33723-33731 SE Redmond-Fall City Rd, Fall City, WA
      View Details
    • $1,095,000

      Ocean Shores Pub with Apartment

      Pub with updated interior and potential rental income.
      798 Ocean Shr Blvd NW, Ocean Shores, WA
      View Details
    • $1,755,000
      10,097 SF

      Mixed-Use Property in University Place

      Established mixed-use property with flexible space in Tacoma, Washington.
      5314-5316 Orch St W, University Place, WA
      View Details
    • $769,000

      Highway Frontage Investment Opportunity

      Two-acre property with rental home and RV storage business.
      41109 Sr 2, Gold Bar, WA
      View Details
    • $600,000
      2,960 SF

      Connell WA New Duplex Investment

      Recently completed duplexes offer a rare investment opportunity.
      475 N 5 Ave, Connell, WA
      View Details
    • $550,000
      1,550 SF

      Darrington Cafe, Retail, and Apartment

      Cafe, retail space, and income-producing apartment in Darrington, Washington.
      1180 Cascade St, Darrington, WA
      View Details

    Similar Nearby for Lease

    • $1,500,000
      11,200 SF

      Spacious Warehouse with Roll-Up Door

      Large warehouse space featuring a roll-up door and ample power.
      5910 E Park St, Spokane, WA
      View Details
    • $33 SF/Yr
      1,728 SF

      Bellevue Office Space Available

      Office space available for lease in Bellevue, Washington.
      14645 NE Bel-Red Rd, Bellevue, WA
      View Details
    • $0.76 SF/Yr
      175,000 SF

      New Class A Industrial Space

      New industrial development with excellent access to major routes.
      14545 Steward Rd Southeast, Sumner, WA
      View Details
    • Contact for pricing
      10,513 SF

      Turn-Key Office Space Available

      High-end office sublease with parking and signage in Bellevue.
      13037 Bel-Red Rd, Bellevue, WA
      View Details
    • $31 SF/Yr
      1,996 SF

      Bellevue Medical/Dental Office Suites

      Well-maintained medical/dental suites in Bellevue's Bel-Red corridor.
      14655 Bel-Red Rd, Bellevue, WA
      View Details
    • Contact for pricing
      64,000 SF

      Puyallup Warehouse with Office Space

      64,000 SF warehouse with office available for lease.
      1601 Industrial Pkwy, Puyallup, WA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3706th St
    St, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.