New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,775,000
Motels
4215 Sharondale SW St, Lakewood, WA 98499-5428
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1418268
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2000
Construction
WOOD FRAME
Total area
15,840 SF
Lot
1.18 ac (51,314 SF)
Zoning code
TOC
APN
6075000243
UPID
US90-1418268
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
-
Americas Best Value Inn Lakewood Tacoma S Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.65M
Blend (final)
Blend
$4.78M
Owner & transaction history
Angie & Sang INC · 5 yrs held
Angie & Sang INC
since 2021
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
TOC · Lakewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.3M
+42.5%
Neighborhood: shopping center
$6.8M
+31.9%
Industrial (general)
$6.7M
+30.6%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
Method
Estimation
Statistic approach
$4,865,000
ML approach
$4,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,120,000
Current use
RESTAURANT
$7,295,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,750,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,685,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,170,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,845,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,980,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$4,350,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.78M
Range $4.30M – $5.25M · ±10% · vs last sale $4.20M (Jan 4 2021)
Last sale anchor
$4.20M
Jan 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$301 / SF
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
$47,960
Tax year 2024
Assessed value
$4,279,600
Assessed 2024
Previous assessed
$4,279,600
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,147,900
Assessed improvement
$3,131,700
Land market value
$1,147,900
Improvement market value
$3,131,700
Total market value
$4,279,600
Applied tax rate
760.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
2
Units
55
Total area
15,840 SF
Lot
1.18 ac (51,314 SF)
Zoning code
TOC
APN
6075000243
UPID
US90-1418268
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
TOC · Lakewood, WA
Zoning TOC · permitted uses
TOC · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.1M
RESTAURANT
Est. value
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.4M
HOTEL/MOTEL Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
55
Lot
1.18 ac
Current owner
From public records · entity-resolved
Angie & Sang INC
Entity
Mailing address
4215 SHARONDALE ST SW, LAKEWOOD, WA 98499-5428
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
$4,200,000
Angie & Sang INC
Tawow INC
Warranty Deed
$3,949,000 · Royal Business Bank
May 27, 2016
$3,049,719
Tawow INC
Bains Hospitality LLC
Warranty Deed
$2,860,000 · Royal Business Bank
May 11, 2012
$1,300,000
Bains Hospitality LLC
Chang Corp
Warranty Deed
$975,000 · Hanmi Bank
Mar 23, 2007
$3,600,000
Chang Corp
Ge Yun INC
Warranty Deed
$2,000,000 · Mirae Bank
Jul 25, 2005
$3,000,000
G E Yun INC
M P Hall Ents INC
Warranty Deed
$2,000,000 · Wilshire State Bank
Mar 17, 1999
$180,000
M P Hall Enterprises INC
Gerimonte,dean R
Grant Deed
$375,000 · Covenant Mortgage Corp
—
—
Interstate Business Sales Co
—
Deed Of Trust
related
$60,000 · Jung Ahn
—
—
Mp Hall Enterprises INC
—
Deed Of Trust
related
$190,000 · Rainier Capital Group LLC
—
—
M P Hall Enterprises INC
—
Deed Of Trust
related
$190,000 · Swiss Hotels S P LLC
—
—
M P Enterprises INC
—
Deed Of Trust
related
$1,480,000 · Capital Investment Corp Of Wa
—
—
M P Hall Enterprises INC
—
Deed Of Trust
related
$1,000,000 · Imperial Bank
—
—
M P Hall Enterprises INC
—
Deed Of Trust
related
$950,000 · Zions First National Bank
—
—
M P Hall Enterprises INC
—
Deed Of Trust
related
$100,000 · Swiss Hotels INC
—
—
Americas Best Value Inn
—
Deed Of Trust
related
$80,000 · Ji H Chang
—
—
M P Hall Ents INC
—
Deed Of Trust
related
$190,000 · Rainier Capital Group LLC
—
—
Americas Best Value Inn
—
Deed Of Trust
related
$250,000 · Sung D Kim
—
—
Ge Yun INC
—
Deed Of Trust
related
$2,000,000 · Innovative Bank
—
—
Bains Hospitality LLC
—
Deed Of Trust
related
$2,210,000 · Prime Pacific Bk
—
—
M P Hall Enterprises INC
—
Deed Of Trust
related
$500,000 · Interstate Business Sales Co
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?”
You own 4215 Sharondale SW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
