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    Property profile & analytics

    5109th Main St Tacoma, WA 98407

    • Turn key restaurants
    • 7,466 SF
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 30, 2024
    Location Intelligence
    Property ID
    US90-2929738
    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

    • Turn key restaurants

    Property Details for 5109th Main St

    Year built
    2016
    Construction
    STEEL FRAME
    Lot size
    1.74 lot acres
    Property size
    7,466 SF
    Property type
    Turn key restaurants
    APN
    221231101
    APU
    221231101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.506
    Latitude
    47.2997
    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
    $78,085
    $3,117,100
    $5,228,700
    $8,345,800
    -
    $3,117,100
    $5,228,700
    $8,345,800

    Comparable in this City

    • Value Estimation
      $420,000
      4,041 SF

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      5105 Pearl St, Ruston, WA 98407-3212
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    • Value Estimation by Request
      7,036 SF

      5716 26th St

      RESTAURANT • 7,036 SF
      5716 26th St, Tacoma, WA 98407-2409
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    • Value Estimation by Request
      4,696 SF

      5928 26th St

      RESTAURANT • 4,696 SF
      5928 26th St, Tacoma, WA 98407-2305
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    • Value Estimation
      $295,000
      2,050 SF

      4612 Pearl St

      RESTAURANT • 2,050 SF
      4612 Pearl St, Tacoma, WA 98407-2926
      View Details
    • Value Estimation
      $295,000
      1,280 SF

      5310 Pearl St

      RESTAURANT • 1,280 SF
      5310 Pearl St, Tacoma, WA 98407-3216
      View Details
    • Value Estimation by Request
      6,000 SF

      3201 26th St, Unit 5

      RESTAURANT • 6,000 SF
      3201 26th St, Tacoma, WA 98407-6203
      View Details

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      Office building available for purchase in Tacoma, Washington.
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    • $1,225,000
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      Rainier Condominium with Sound Views

      Condominium with unobstructed views, modern finishes, and tax abatement.
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    Similar Nearby for Lease

    • $35 SF/Yr
      200,000 SF

      Ruston Shops Retail Space Available

      Prime Ruston retail space, multiple units.
      5105 Main St, Ruston, WA 98407
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    • $38 SF/Yr
      2,196 SF

      Retail Space Available For Rent

      Retail space available for lease in Tacoma, Washington.
      2624 N Pearl St, Tacoma, WA 98407
      View Details
    • $19 SF/Yr
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      Office Space with Free Parking

      Office space for rent with easy access and free parking.
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    • $32 SF/Yr
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      Finished Office Building in Tacoma

      Turn-key office space with unique features in North Tacoma.
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    5109th Main St
    Tacoma, WA 98407
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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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