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Property profile & analytics
OFF-MARKET
Retail space
3814 26th St Tacoma, WA 98407-5808
Individually Owned
32-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1315769
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1913
Construction
WOOD FRAME
Total area
2,525 SF
Lot
0.07 ac (3,000 SF)
Zoning code
NCX
APN
7475013700
UPID
US90-1315769
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
-
Manny's Place Restaurant
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
Bruce D Thomson · 32 yrs held
Bruce D Thomson
since 1994
7 recorded transactions
Zoning & alternative use
NCX · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended to enhance, preserve, and stabilize the neighborhood’s unique character. Retail frontages are generally uninterrupted by driveways and park…
Zone name
Neighborhood Commercial Mixed Use
General category
MIXED_USE
Zone area
242.73 ac
Source
Ordinance Table
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
$7,800
Tax year 2024
Assessed value
$701,200
Assessed 2024
Previous assessed
$701,200
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$315,200
Assessed improvement
$386,000
Land market value
$315,200
Improvement market value
$386,000
Total market value
$701,200
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1913
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,525 SF
Lot
0.07 ac (3,000 SF)
Zoning code
NCX
APN
7475013700
UPID
US90-1315769
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NCX · Tacoma, WAZoning NCX · permitted uses
NCX · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended to enhance, preserve, and stabilize the neighborhood’s unique character. Retail frontages are generally uninterrupted by driveways and parking facilities and pedestrian access and street amenities are encouraged. The standard building heigh t in this district is 45 feet; additional height can be achieved through the bonus program.
Zone name
Neighborhood Commercial Mixed Use
General category
MIXED_USE
Zone area
242.73 ac
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1913
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Bruce D Thomson
Individual
Free & Clear · 32 yrs held
Mailing address
1201 PACIFIC AVE STE #1400, TACOMA, WA 98402-4322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 1994
$100,000
Bruce D Thomson
Baxter,alfred L
Grant Deed
—
Jul 7, 1988
$55,000
Alfred L Baxter
Haase,henry K
Grant Deed
$50,000 · Haase Henry K
Jul 6, 1988
$55,000
Alfred L Baxter
Unknown
Grant Deed
$49,500 · Seller
—
—
Bruce D Thomson
—
Deed Of Trust
related
$155,000 · Individual
—
—
Jeffrey S Lyon
—
Deed Of Trust
related
$600,000 · Heritage Bank
—
—
Jeffrey S Lyon
—
Loan Modification
related
$1,300,000 · Heritage Bk
—
—
Jeffrey S Lyon
—
Deed Of Trust
related
$500,000 · Heritage Savings Bank Fsb
—
—
Jeffrey S Lyon
—
Deed Of Trust
related
$200,000 · Heritage Bank
—
—
Bruce D Thomson
—
Deed Of Trust
related
$30,000 · Seafirst 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.
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