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Property profile & analytics
FOR LEASE
Warehouses
4630 16Th St E, Fife, WA 98424
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1236563
For Lease
$1.20 SF/Yr
4630 16Th St E, Fife, WA 98424
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,200 SF
Lot
3.95 ac (172,062 SF)
Zoning code
REGIONAL C
APN
320125002
UPID
US90-1236563
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.17M
Blend (final)
Blend
$10.40M
Owner & transaction history
Mca Igf Fife LLC · 4 yrs held
Mca Igf Fife LLC
since 2021
Last sale
$10.4M
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.8M
+122.8%
Neighborhood: shopping center
$6.9M
+41.5%
Restaurant
$6.3M
+30.7%
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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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
$11,555,000
ML approach
$10,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,815,000
Change: +123% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,870,000
Change: +42% · Conversion: Moderate
RESTAURANT
$6,340,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$10.40M
Range $9.36M – $11.43M · ±10% · vs last sale $10.40M (Dec 20 2021)
Last sale anchor
$10.40M
Dec 20 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
$642 / 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
$101,889
Tax year 2024
Assessed value
$10,720,800
Assessed 2024
Previous assessed
$10,720,800
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$6,301,300
Assessed improvement
$4,419,500
Land market value
$6,301,300
Improvement market value
$4,419,500
Total market value
$10,720,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Total area
16,200 SF
Lot
3.95 ac (172,062 SF)
Zoning code
REGIONAL C
APN
320125002
UPID
US90-1236563
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Fife, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · Fife, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fife. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.9M
RESTAURANT
Est. value
$6.3M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.95 ac
Current owner
From public records · entity-resolved
Mca Igf Fife LLC
Entity
Mailing address
1750 E DEERE AVE, SANTA ANA, CA 92705-5719
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
Dec 20, 2021
$10,400,000
Mca Igf Fife LLC
Fife Business Investors LLC
Warranty Deed
$6,700,000 · Zb NA
Jan 17, 2014
$3,970,719
Fife Business Investors LLC
Rai LLC
Warranty Deed
$3,176,800 · Timberland Bank
Oct 16, 2009
—
Rai LLC
—
Deed Of Trust
related
$1,000,000 · Textron Financial
Feb 14, 2008
$6,550,000
Rai LLC
Fife Business Center LLC
Warranty Deed
$4,850,000 · Venture Bank
Nov 3, 2003
—
Fife Busines Center LLC
Turner & Whallley Investment
Quit Claim Deed
related
—
Jul 18, 2001
$1,323,708
Turner Investments
Shurgard Storage Centers INC
Grant Deed
—
Jan 3, 1995
—
Ssc Acqusitions INC
Shurgard Storage Centers INC
Grant Deed
related
—
Mar 8, 1994
—
Shurgard Storage Centers INC
Shurgard Income
Quit Claim Deed
related
—
Jun 8, 1989
$650
Shurgard Income Properties Six
Unknown
Grant Deed
related
—
—
—
Rai LLC
—
Deed Of Trust
related
$225,000 · Venture Bank
—
—
Fife Business Center LLC
—
Deed Of Trust
related
$3,120,000 · Rainier Pacific 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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