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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office Spaces
5800 Soundview Dr B, Gig Harbor, WA 98335-2000
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-1911708
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
WOOD FRAME
Total area
6,256 SF
Lot
0.33 ac (14,440 SF)
APN
9009690020
UPID
US90-1911708
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
-
Cornell Chiropractic Offices Alternative Medicine Practice
-
House Democratic Campaign Advocacy Group Volunteer Organization
-
Gig Harbor Law Law Firm
-
Gig Harbor Apothecary (Bike/Boat/Book/etc) Store Cosmetic Store
-
Kickass Computer Chick Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$750k
Owner & transaction history
Soundview Park Building B LLC · 1 yrs held
Soundview Park Building B LLC
since 2024
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Dec 19 2024)
Last sale anchor
$750k
Dec 19 2024
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
$120 / 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
$13,878
Tax year 2024
Assessed value
$1,637,100
Assessed 2024
Previous assessed
$1,637,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$309,400
Assessed improvement
$1,327,700
Land market value
$309,400
Improvement market value
$1,327,700
Total market value
$1,637,100
Applied tax rate
75.0000
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
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Total area
6,256 SF
Lot
0.33 ac (14,440 SF)
APN
9009690020
UPID
US90-1911708
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
2
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Soundview Park Building B LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 355, GIG HARBOR, WA 98335-0355
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
—
Soundview Park Building B LLC
Chad Hauer
Quitclaim Deed
related
—
Oct 27, 2023
—
Chad Hauer
Hauer Improvement Eat LLC
Intrafamily Transfer
related
—
May 25, 2023
$750,000
Hauer Improvement Eat LLC
Gig Harbor Business Park LLC
Warranty Deed
$540,000 · Gig Harbor Business Park LLC
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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