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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Grocery and convenience stores
4602 Pearl St Tacoma, WA 98407-2926
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0544018
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1962
Construction
WOOD FRAME
Total area
1,368 SF
Lot
0.36 ac (15,811 SF)
Zoning code
C1
APN
2620000871
UPID
US90-0544018
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
-
Shell Gas Station
-
Pearl Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.28M
Owner & transaction history
Ur Rahman Naqueb · 5 yrs held
Ur Rahman Naqueb
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C1 · 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
$1,335,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.21M (Jul 1 2021)
Last sale anchor
$1.21M
Jul 1 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
$936 / 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
$8,789
Tax year 2024
Assessed value
$790,300
Assessed 2024
Previous assessed
$790,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$386,900
Assessed improvement
$403,400
Land market value
$386,900
Improvement market value
$403,400
Total market value
$790,300
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1962
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
1
Total area
1,368 SF
Lot
0.36 ac (15,811 SF)
Zoning code
C1
APN
2620000871
UPID
US90-0544018
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Tacoma, WA
Zoning C1 · permitted uses
C1 · 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
1962
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Ur Rahman Naqueb
Individual
Mailing address
30009 104TH AVE SE, AUBURN, WA 98092-2541
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
$1,205,000
Ur Rahman Naqueb
Four Queens LLC
Land Contract
$1,200,000 · Not Available
Mar 13, 2018
—
Four Queens LLC
—
Deed
related
$312,702 · Best-n-west Imports INC
Dec 27, 2005
$375,000
Four Queens LLC
40 Maplecrest Road LLC
Warranty Deed
$472,000 · Business Loan Center LLC
Dec 9, 2005
$312,000
Independence Funding I Amresco
Sheriff Of Pierce County
Trustees Deed
related
—
Sep 28, 2005
—
40 Maplecrest Road LLC
Amresco Sba Holdings INC
Warranty Deed
—
Jun 13, 2005
—
40 Maplecrest Road LLC
Amresco Sba Holdings INC
Grant Deed
—
—
—
Don Angeline
—
Deed Of Trust
related
$100,000 · Gray Trust
—
—
Four Queens LLC
—
Deed Of Trust
related
$75,000 · Re Powell Distributing Co
—
—
Four Queens LLC
—
Deed Of Trust
related
$312,702 · Best-n-west Imports INC
—
—
Sharbell E Karout
—
Deed Of Trust
related
$472,000 · Business Loan Center INC
—
—
Don Angeline
—
Deed Of Trust
related
$59,000 · Individual
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.
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