New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Commercial land
6116 Pacific Ave, Tacoma, WA 98408-7418
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0736994
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1991
Construction
WOOD FRAME
Total area
11,484 SF
Lot
0.62 ac (27,007 SF)
Zoning code
REGIONAL C
APN
420067016
UPID
US90-0736994
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Puyallup Tribe Of Indians · 10 yrs held
Puyallup Tribe Of Indians
since 2016
6 recorded transactions
Zoning & alternative use
REGIONAL C · 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
$119 / 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
Assessed value
$701,200
Assessed 2024
Previous assessed
$701,200
+0.0% YoY
Assessed land
$701,200
Land market value
$701,200
Total market value
$701,200
Applied tax rate
66.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1991
Construction
WOOD FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
11,484 SF
Lot
0.62 ac (27,007 SF)
Zoning code
REGIONAL C
APN
420067016
UPID
US90-0736994
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Tacoma, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · 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
1991
Construction
WOOD FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Puyallup Tribe Of Indians
Individual
Free & Clear · 10 yrs held
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2016
—
Puyallup Tribe Of Indians
Puyallup Tribe Of Indians
Quit Claim Deed
—
Apr 27, 2007
$11,000,000
The Puyallup Tribe Of Indians
Fife Huntng Club LLC
Warranty Deed
—
Jul 1, 1999
$1,265,000
62nd Street LLC
Choe,hun & Chun H
Grant Deed
$1,012,000 · Columbia State Bank
—
—
Hun Choe
—
Deed Of Trust
related
$234,991 · Columbia State Bank
—
—
Hun Choe
—
Deed Of Trust
related
$250,000 · Columbia State Bank
—
—
Hun Choe
—
Deed Of Trust
related
$475,000 · North Pacific Bank
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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