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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Office Spaces
4970 Bridgeport W Way Tacoma, WA 98467-2029
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1702894
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Construction
WOOD FRAME
Total area
6,849 SF
Lot
0.72 ac (31,169 SF)
Zoning code
NC
APN
4001650010
UPID
US90-1702894
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
-
Grand Lodge of Free and Accepted Masons of Washington Volunteer Organization Community Center
-
Scottish Rite Orient of Washington Volunteer Organization Community Center
-
Washington Masonic Services Social Service Agency Charitable Organization
-
Victory Memorial Masonic Temple Volunteer Organization Community Center
-
Sue Tatum, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.40M
Owner & transaction history
Masonic Grand Lodge Washington · 12 yrs held
Masonic Grand Lodge Washington
since 2014
7 recorded transactions
Zoning & alternative use
NC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,455,000
7%
$1,350,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,110,000
Current use
RETAIL STORES
$2,070,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$2,050,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10%
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
$204 / 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
$15,136
Tax year 2024
Assessed value
$1,904,400
Assessed 2024
Previous assessed
$1,904,400
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$629,300
Assessed improvement
$1,275,100
Land market value
$629,300
Improvement market value
$1,275,100
Total market value
$1,904,400
Applied tax rate
752.0000
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
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Total area
6,849 SF
Lot
0.72 ac (31,169 SF)
Zoning code
NC
APN
4001650010
UPID
US90-1702894
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NC · Tacoma, WA
Zoning NC · permitted uses
NC · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Masonic Grand Lodge Washington
Individual
Mailing address
923 POWELL AVE SW STE #101, RENTON, WA 98057-2943
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2014
—
Masonic Grand Lodge Washington
Most Worshipful Grand Lodge Of Fr
Quit Claim Deed
related
—
May 15, 2013
$2,100,000
Masonic Grand Ldg B Washington
Epistola,gideon G & Rosa F
Warranty Deed
—
Apr 2, 2001
$418,824
Gideon G Epistola
Roberson,frederick R
Grant Deed
$364,416 · Westside Community Bank
—
—
Gideon Epistola
—
Deed Of Trust
related
$100,000 · Sunwest Bank
—
—
Gideon G Epistola
—
Deed Of Trust
related
$1,220,000 · Westside Community Bank
—
—
Gideon A Espitola
—
Deed Of Trust
related
$1,300,000 · Westside Community Bank
—
—
Gideon G Espistola
—
Deed Of Trust
related
$30,000 · Shannon Krueger
—
—
Gideon C Epistola
—
Deed Of Trust
related
$25,000 · Stephen W Garber
—
—
Gideon G Epistola
—
Deed Of Trust
related
$250,000 · Westside Community Bank
—
—
Gideon G Epistola
—
Deed Of Trust
related
$125,000 · Westside Community 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.
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