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Property profile & analytics
OFF-MARKET
Warehouses
4124 124th St Nwa5, Gig Harbor, WA 98332-7902
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-0957092
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
600 SF
Lot
0.1 ac (4,348 SF)
Zoning code
R1
APN
9008950050
UPID
US90-0957092
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
-
Narrows Baseball Club Gym & Fitness Center Sports School
-
gig harbor baseball & sports academy Gym & Fitness Center Sports School
-
Country Classic Inc (Bike/Boat/Book/etc) Store Printing Service
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
On Your Own LLC · 15 yrs held
On Your Own LLC
since 2010
2 recorded transactions
Zoning & alternative use
R1 · Gig Harbor, 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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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
$922
Tax year 2024
Assessed value
$81,800
Assessed 2024
Previous assessed
$81,800
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$14,600
Assessed improvement
$67,200
Land market value
$14,600
Improvement market value
$67,200
Total market value
$81,800
Applied tax rate
472.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Total area
600 SF
Lot
0.1 ac (4,348 SF)
Zoning code
R1
APN
9008950050
UPID
US90-0957092
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Gig Harbor, WA
Zoning R1 · permitted uses
R1 · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
On Your Own LLC
Entity
Mailing address
7720 GOODMAN DR NW, GIG HARBOR, WA 98332-9557
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2010
—
On Your Own LLC
Bennison,peter F
Quit Claim Deed
related
—
—
—
Own Your Own LLC
—
Deed Of Trust
related
$538,745 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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