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Property profile & analytics
FOR SALE
Assisted living facilities
5001 112Th St E Tacoma, WA 98446
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-1295598
No photos on file
For Sale
$3,502,500
5001 112Th St E, Tacoma, WA 98446
View Listing →
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1995
Construction
WOOD FRAME
Total area
11,583 SF
Lot
1.05 ac (45,694 SF)
Zoning code
CC
APN
319014150
UPID
US90-1295598
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
-
Prosperity Counseling & Services Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$685k
Owner & transaction history
D & M Real Estate LLC · 18 yrs held
D & M Real Estate LLC
since 2008
7 recorded transactions
Zoning & alternative use
CC · 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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$59 / 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
$26,403
Tax year 2024
Assessed value
$2,092,400
Assessed 2024
Previous assessed
$2,092,400
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$662,100
Assessed improvement
$1,430,300
Land market value
$662,100
Improvement market value
$1,430,300
Total market value
$2,092,400
Applied tax rate
515.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
For Sale
Year built
1995
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
40
Total area
11,583 SF
Lot
1.05 ac (45,694 SF)
Zoning code
CC
APN
319014150
UPID
US90-1295598
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Tacoma, WA
Zoning CC · permitted uses
CC · 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
1995
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Units
40
Lot
1.05 ac
Current owner
From public records · entity-resolved
D & M Real Estate LLC
Entity
Mailing address
1001 4TH AVE STE #4500, SEATTLE, WA 98154-1192
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2017
—
D & M Real Estate LLC
—
Deed
related
$1,345,743 · Kitsap Bank
Jun 4, 2008
$2,000,000
D & M Real Estate LLC
Merz Property Management INC
Warranty Deed
$1,717,000 · Kitsap Bank
Apr 29, 2005
—
Merz Property Management INC
We Care INC
Quit Claim Deed
related
—
Oct 29, 1999
$44,200
Pierce County (wa)
We Care INC
Grant Deed
—
Sep 24, 1993
$60,000
Merz,john B & Doris M
Dyson
Trustees Deed
$39,600 · Seller
Sep 24, 1993
$150,000
Merz,john B & Doris M
Melby
Trustees Deed
$112,500 · Seller
Feb 8, 1988
$55,000
Ward R Melby
Unknown
Grant Deed
—
—
—
John Merz
—
Deed Of Trust
related
$863,000 · Towne Bank
—
—
We Care INC
—
Deed Of Trust
related
$230,000 · Individual
—
—
We Care INC
—
Deed Of Trust
related
$1,100,000 · Towne Bank
—
—
Merz Property Management INC
—
Deed Of Trust
related
$1,113,754 · Harborstone Cu
—
—
John B Merz
—
Deed Of Trust
related
$76,508 · Towne Bank
—
—
D & M Real Estate LLC
—
Deed Of Trust
related
$1,345,743 · Kitsap Bk
—
—
D & M Real Estate LLC
—
Deed Of Trust
related
$726,000 · Rural Housing & Community Dev
—
—
John B Merz
—
Deed Of Trust
related
$35,000 · Towne 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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