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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Office Spaces
5016 Bridgeport W Way Tacoma, WA 98467-2039
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1240179
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Construction
WOOD FRAME
Total area
5,400 SF
Lot
0.42 ac (18,338 SF)
Zoning code
NC
APN
4001650040
UPID
US90-1240179
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
-
Dr. Michael Noble Physician
-
Alma Fuentes Physician
-
Alma Leoneli Fuentes Physician
-
Chicago's Pizza Kitchen Restaurant
-
Noble Eyes & Vision Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.25M
Owner & transaction history
M&a Holdings America LLC · 5 yrs held
M&a Holdings America LLC
since 2020
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
NC · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+19.8%
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
$1,320,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,145,000
7%
$1,065,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,665,000
Current use
AUTO REPAIR, GARAGE
$1,995,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,630,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$1,620,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.18M (Sep 16 2020)
Last sale anchor
$1.18M
Sep 16 2020
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
$231 / 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
$10,888
Tax year 2024
Assessed value
$877,800
Assessed 2024
Previous assessed
$877,800
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$417,800
Assessed improvement
$460,000
Land market value
$417,800
Improvement market value
$460,000
Total market value
$877,800
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
1997
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,400 SF
Lot
0.42 ac (18,338 SF)
Zoning code
NC
APN
4001650040
UPID
US90-1240179
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
$1.7M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1997
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
M&a Holdings America LLC
Entity
Mailing address
6101 NAHANE WNE, TACOMA, WA 98422-4224
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
M&a Holdings America LLC
—
Deed
related
$1,300,000 · Bank Of The West
Sep 16, 2020
$1,175,000
M&a Holdings America LLC
Baby Jane Real Investments LLC
Warranty Deed
$1,057,600 · Seacoast Commerce Bank
Nov 20, 2008
$1,350,000
Baby Jane Real Estate Invs LLC
Crane Joanne
Warranty Deed
$1,012,500 · Pierce Commercial Bank
Jun 24, 1998
$589,000
Joanne C Crane
Roberson,fred
Grant Deed
$548,632 · Key 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.
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