Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,695,000
Strip malls
4916 Ctr St Tacoma, WA 98409-2348
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1635917
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
WOOD FRAME
Total area
20,598 SF
Lot
1.89 ac (82,241 SF)
Zoning code
C2
APN
6135000191
UPID
US90-1635917
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
-
Cerello's Pizza, Wine Cafe Restaurant
-
Songs Teriyaki Restaurant
-
Pho Tai Restaurant
-
Subway Take-out & Catering
-
Tacoma Vet Center Community Center Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.71M
CAP Approach
CAP
$4.57M
Comparable Approach
Comparable
$7.98M
Blend (final)
Blend
$6.70M
Owner & transaction history
Jc Maple LLC · 4 yrs held
Jc Maple LLC
since 2021
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
C2 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allowed in the C -2 District. The maximum building height in this district is 45 feet.
Zone name
Commercial
General category
MIXED_USE
Zone area
305.24 ac
Source
Ordinance Table
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
$6,480,000
ML approach
$6,705,000
CAP Approach
CAP Return
Estimation
6%
$4,955,000
6.5%
$4,570,000
7%
$4,245,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$8,735,000
Current use
AUTO REPAIR, GARAGE
$8,075,000
Change: -8% · Conversion: Difficult
RESTAURANT
$8,065,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$6.70M
Range $6.03M – $7.36M · ±10% · vs last sale $6.80M (Aug 10 2021)
Last sale anchor
$6.80M
Aug 10 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
$325 / 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
$48,102
Tax year 2024
Assessed value
$4,329,800
Assessed 2024
Previous assessed
$4,329,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,489,600
Assessed improvement
$2,840,200
Land market value
$1,489,600
Improvement market value
$2,840,200
Total market value
$4,329,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Total area
20,598 SF
Lot
1.89 ac (82,241 SF)
Zoning code
C2
APN
6135000191
UPID
US90-1635917
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WAZoning C2 · permitted uses
C2 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allowed in the C -2 District. The maximum building height in this district is 45 feet.
Zone name
Commercial
General category
MIXED_USE
Zone area
305.24 ac
Source
Ordinance Table
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$8.1M
RESTAURANT
Est. value
$8.1M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Jc Maple LLC
Entity
Mailing address
17731 20TH AVE SE, BOTHELL, WA 98012-6474
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
$6,800,000
Jc Maple LLC
Jean K LLC
Warranty Deed
$4,760,000 · Us Metro Bank
Apr 8, 2016
$2,915,000
Jean K LLC
Bloch Center Street LLC
Warranty Deed
$1,850,000 · Bank Of The West
Dec 28, 2010
$1,875,000
Bloch Center Street LLC
Center Street Property LLC
Quit Claim Deed
related
$1,250,000 · Randall H Talbot
May 14, 2009
—
Seattle Financial Group INC
—
Deed Of Trust
related
$10,155,000 · Key Bank NA
Jul 15, 2004
—
Center Street Property LLC
Seattle Mortgage
Quit Claim Deed
related
—
—
—
Center Street Property LLC
—
Deed Of Trust
related
$1,000,000 · Columbia State Bank
—
—
Bloch Center Street LLC
—
Deed Of Trust
related
$1,650,000 · Us Bank NA
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 4916 Ctr 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.
