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Property profile & analytics
OFF-MARKET
Warehouses
418 112th S St Tacoma, WA 98444
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0592828
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
WOOD FRAME
Total area
3,240 SF
Lot
0.51 ac (22,322 SF)
Zoning code
MUD
APN
7125000021
UPID
US90-0592828
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
-
Titan Shippers Shipping Company Freight Service
-
East Pearl Massage Alternative Medicine Practice Spa & Massage Center
-
Couples Massage Alternative Medicine Practice Spa & Massage Center
-
Beauty4ashes Salon & Suites Hair Salon Nail Salon
-
Heritage Restoration Inc Construction Company General Contractor
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
Bnbl LLC · 10 yrs held
Bnbl LLC
since 2016
6 recorded transactions
Zoning & alternative use
MUD · 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
$14,349
Tax year 2024
Assessed value
$1,070,600
Assessed 2024
Previous assessed
$1,070,600
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$429,300
Assessed improvement
$641,300
Land market value
$429,300
Improvement market value
$641,300
Total market value
$1,070,600
Applied tax rate
515.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,240 SF
Lot
0.51 ac (22,322 SF)
Zoning code
MUD
APN
7125000021
UPID
US90-0592828
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MUD · Tacoma, WA
Zoning MUD · permitted uses
MUD · 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
2005
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Bnbl LLC
Entity
Mailing address
11508 CLOVER CRST DR SW, LAKEWOOD, WA 98499-1227
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2016
$382,219
Bnbl LLC
Tiffany Landing LLC
Bargain And Sale Deed
$262,000 · Us Bank NA
Jan 27, 2014
$675,000
Tiffany Landing LLC
Parkland Partners LLC
Deed In Lieu Of Foreclosure
related
—
Oct 29, 2004
$425,000
Parkland Partners LLC
Capital Investment Corp Of Wa
Grant Deed
—
—
—
Parkland Partners LLC
—
Deed Of Trust
related
$431,000 · Viking Bank
—
—
Parkland Partners LLC
—
Deed Of Trust
related
$340,000 · Viking Bank
—
—
Parkland Partners LLC
—
Deed Of Trust
related
$525,000 · Viking 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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