Property profile

5231 Tacoma Way Tacoma, WA 98409

OFF-MARKET
Turn key restaurants
Property ID
US90-3260876
4,873 SF 0.13 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,873 SF
Lot 0.13 ac (5,500 SF)
Zoning code NCX
APN 5740000760
UPID US90-3260876

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

5231 Tacoma Way Tacoma, WA 98409-4318
Tacoma metro Census 62600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$778k
Blend (final) Blend
$495k

Owner & transaction history

since 2023
Last sale
$676,250
6 recorded transactions
2023
$676,250
2018
$180,000
2016
$230,000
2015
$187,640
2006
$370,000
1969
Price N/A

Zoning & alternative use

NCX · Tacoma, WA
Zoning description

NCX: Neighborhood Commercial Mixed-Use District The NCX District provides areas with day-to-day convenience shopping and services at a level that is compatible with the surrounding neighborhood. The distric t is intended…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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