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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Auto shops
5622 Tacoma Way Tacoma, WA 98409-4216
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0645807
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,750 SF
Lot
0.96 ac (42,000 SF)
Zoning code
CIX
APN
4695001290
UPID
US90-0645807
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
-
AutoZone Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Autozone Parts INC · 2 yrs held
Autozone Parts INC
since 2024
7 recorded transactions
Zoning & alternative use
CIX · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$73 / 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
$43,609
Tax year 2024
Assessed value
$3,925,300
Assessed 2024
Previous assessed
$3,925,300
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$965,900
Assessed improvement
$2,959,400
Land market value
$965,900
Improvement market value
$2,959,400
Total market value
$3,925,300
Applied tax rate
5.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
18,750 SF
Lot
0.96 ac (42,000 SF)
Zoning code
CIX
APN
4695001290
UPID
US90-0645807
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CIX · Tacoma, WA
Zoning CIX · permitted uses
CIX · 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
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Autozone Parts INC
Entity
Mailing address
PO BOX 2198, MEMPHIS, TN 38101-2198
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
—
Autozone Parts INC
Austin Properties LLC
Lease
—
Aug 18, 2017
—
Austin Properties LLC
—
Deed
related
$2,025,000 · Boeing Emps Cu
Nov 12, 2015
$1,343,220
Austin Properties LLC
Af Investments LLC
Warranty Deed
$250,000 · Af Investments LLC
Sep 6, 2013
$1,000,000
Af Investments LLC
Russ Dunmire Oldsmobile INC
Warranty Deed
$750,000 · Dunmire Properties LLC
Jul 3, 2008
—
Russ Dunmire Oldsmobile INC
Dunmire Properties LLC
Quit Claim Deed
related
—
May 5, 2008
—
Dunmire Properties LLC
Russ Dunmire Oldsmobile INC
Quit Claim Deed
related
—
—
—
Russ Dunmire Oldsmobile INC
—
Deed Of Trust
related
$42,075 · Tacoma City (wa)
—
—
Austin Properties LLC
—
Deed Of Trust
related
$2,025,000 · Boeing Emps Cu
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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