Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Office Spaces
4505 Pacific E Hwy Tacoma, WA 98424-2638
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1666109
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,490 SF
Lot
1.19 ac (51,793 SF)
Zoning code
REGIONAL C
APN
320013009
UPID
US90-1666109
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
-
DAWN R UNDERWOOD Physician
-
Corey Wilkins - State Farm Insurance Agent Insurance Agency
-
The Self Directed IRA Group Financial Advisor
-
Dennis J. Twichel Attorney At Law Law Firm
-
Tom Gilfoil Attorney Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.25M
CAP Approach
CAP
$4.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.03M
Owner & transaction history
Rj4505 LLC · 4 yrs held
Rj4505 LLC
since 2021
Last sale
$4.4M
5 recorded transactions
Zoning & alternative use
REGIONAL C · 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
Method
Estimation
Statistic approach
$3,105,000
ML approach
$3,250,000
CAP Approach
CAP Return
Estimation
6%
$5,405,000
6.5%
$4,985,000
7%
$4,630,000
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10% · vs last sale $4.40M (Jul 30 2021)
Last sale anchor
$4.40M
Jul 30 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
$172 / 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
$39,482
Tax year 2024
Assessed value
$4,178,800
Assessed 2024
Previous assessed
$4,178,800
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$1,566,600
Assessed improvement
$2,612,200
Land market value
$1,566,600
Improvement market value
$2,612,200
Total market value
$4,178,800
Applied tax rate
66.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Total area
23,490 SF
Lot
1.19 ac (51,793 SF)
Zoning code
REGIONAL C
APN
320013009
UPID
US90-1666109
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Tacoma, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · 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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
Rj4505 LLC
Entity
Mailing address
7815 S TACOMA WAY, TACOMA, WA 98409-3997
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
$4,400,000
Rj4505 LLC
The 4505 LLC
Warranty Deed
—
Jun 5, 2018
—
The 4505 LLC
—
Deed
related
$1,750,000 · Kitsap Bank
Dec 30, 1999
$2,000,000
4505 LLC
Johnson,jack W
Grant Deed
$1,818,000 · Kitsap Bank
—
—
Jack W Johnson
—
Deed Of Trust
related
$1,015,000 · Sterling Savings Bank
—
—
4505 LLC
—
Deed Of Trust
related
$2,115,000 · Sterling Savings 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
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 4505 Pacific E Hwy?
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.
