New search
Property profile & analytics
FOR SALE
Retail space
4010 S Steele St, Tacoma, WA 98409
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1168863
For Sale
$700,000
4010 S Steele St, Tacoma, WA 98409
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Construction
WOOD FRAME
Total area
2,707 SF
Lot
0.16 ac (7,120 SF)
Zoning code
UCX
APN
4647000063
UPID
US90-1168863
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
-
Picasso salon Hair Salon Nail Salon
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
Geum J S Kim · 8 yrs held
Geum J S Kim
since 2017
7 recorded transactions
Zoning & alternative use
UCX · 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
$3,520
Tax year 2024
Assessed value
$315,900
Assessed 2024
Previous assessed
$315,900
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$203,200
Assessed improvement
$112,700
Land market value
$203,200
Improvement market value
$112,700
Total market value
$315,900
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
For Sale
Year built
1931
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Total area
2,707 SF
Lot
0.16 ac (7,120 SF)
Zoning code
UCX
APN
4647000063
UPID
US90-1168863
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
UCX · Tacoma, WA
Zoning UCX · permitted uses
UCX · 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
1931
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Geum J S Kim
Individual
Mailing address
4010 S STEELE ST, TACOMA, WA 98409-7336
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
—
Geum J S Kim
—
Deed
related
$107,593 · Rng Trust (ct)
Apr 9, 2018
—
Geum J A S Kim
—
Deed
related
$78,035 · Robert Lee
Oct 18, 2017
—
Geum J S Kim
—
Deed
related
$60,000 · Robert Lee
Aug 10, 2017
—
Geum J S Kim
Kim,calvin J & Jing J
Quit Claim Deed
related
—
Oct 7, 2010
—
Calvin J Kim
Picasso 2008 LLC
Quit Claim Deed
related
—
Nov 3, 2008
—
Picasso 2008 LLC
Scheer,chris & Sonia K
Quit Claim Deed
related
—
Oct 10, 1989
$100,000
Donna M Zier
Unknown
Grant Deed
—
—
—
Geum J S Kim
—
Deed Of Trust
related
$60,000 · Robert Lee
—
—
Geum J S Kim
—
Loan Modification
related
$107,593 · Rng Trust (ct)
—
—
Geum J A S Kim
—
Loan Modification
related
$78,035 · Robert Lee
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
