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    Property profile & analytics

    4802 108th SW St Tacoma, WA 98499-3705

    • Apartment buildings
    • 12,204 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $1,260,000
    Last Sale
    Jul 20, 2021
    $1,249,719
    Location Intelligence
    Property ID
    US90-1617690
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 4802 108th SW St

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.82 lot acres
    Property size
    12,204 SF
    Property type
    Apartment buildings
    APN
    5080000273
    APU
    5080000273

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,220,000
      7%
      $1,220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,305,000
      Geo Method
      $1,205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,285,000
      Retail
      $1,110,000
      Mixed-Use
      $1,210,000
      Hospitality
      $1,175,000
      Educational
      $1,095,000
      Residential Income
      $1,055,000
      Energy
      $1,420,000
      Income-Based Land
      $1,125,000
      Food Service
      $1,455,000

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.501
    Latitude
    47.159
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,839
    $1,195,000
    $1,517,600
    $2,712,600
    -
    $1,195,000
    $1,517,600
    $2,712,600

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

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      7,448 SF

      12715 Bridgeport SW Way

      APARTMENT HOUSE (5+ UNITS) • 7,448 SF
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      9,168 SF

      7619 Cody W St

      APARTMENT HOUSE (5+ UNITS) • 9,168 SF
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    • Value Estimation by Request
      5,560 SF

      10603 Kendrick SW St

      APARTMENT HOUSE (5+ UNITS) • 5,560 SF
      10603 Kendrick SW St, Lakewood, WA 98499-4296
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    • Value Estimation by Request
      4,284 SF

      10607 47th SW Ave

      APARTMENT HOUSE (5+ UNITS) • 4,284 SF
      10607 47th SW Ave, Lakewood, WA 98499-3701
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    • Value Estimation by Request
      5,648 SF

      3415 92nd S St

      APARTMENT HOUSE (5+ UNITS) • 5,648 SF
      3415 92nd S St, Lakewood, WA 98499-9274
      View Details

    Similar Nearby for Sale

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      Prime development site in Lakewood's thriving commercial corridor.
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    Similar Nearby for Lease

    • Contact for pricing
      1,463 SF

      Retail, Medical, Professional Suites

      Retail, medical, and professional suites for lease in Lakewood, WA.
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    • $14 SF/Yr
      2,411 SF

      Lakewood Office Space Available

      Office space for rent in Lakewood, Washington.
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    • $18 SF/Yr
      1,705 SF

      Lakewood Office Space For Rent

      Office space in newer building near Lakewood Towne Center.
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      5,880 SF

      Lakewood Flex Space Available

      5,880 SF flex space with high visibility and great access.
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    • $12 SF/Yr
      10,000 SF

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      Sublease opportunity with excellent location and easy freeway access.
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    • $20 SF/Yr
      800 SF

      Retail Space with Office Build-Out

      Retail space featuring a high-quality small office build-out.
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      View Details
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    Tacoma, WA 98499-3705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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