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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Retail space
6208 Tacoma Mall Blvd, Tacoma, WA 98409-6827
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1751708
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,280 SF
Lot
1.47 ac (63,990 SF)
Zoning code
C2
APN
9340000941
UPID
US90-1751708
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
-
US Foods CHEF'STORE Grocery & Convenience Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.76M
Comparable Approach
Comparable
$4.48M
Blend (final)
Blend
$3.65M
Owner & transaction history
6208 Tmb LLC · 9 yrs held
6208 Tmb LLC
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.4M
+28.5%
Warehouse, storage
$5.3M
+26.8%
Apartment house (5+ units)
$5.2M
+23.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,065,000
6.5%
$3,755,000
7%
$3,485,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,210,000
Current use
COMMERCIAL (GENERAL)
$5,410,000
Change: +28% · Conversion: Easy
WAREHOUSE, STORAGE
$5,340,000
Change: +27% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,180,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$4,965,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±10%
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
$180 / 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
$38,326
Tax year 2024
Assessed value
$3,449,600
Assessed 2024
Previous assessed
$3,449,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,847,400
Assessed improvement
$1,602,200
Land market value
$1,847,400
Improvement market value
$1,602,200
Total market value
$3,449,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
20,280 SF
Lot
1.47 ac (63,990 SF)
Zoning code
C2
APN
9340000941
UPID
US90-1751708
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
6208 Tmb LLC
Entity
Mailing address
1855 E DAY IS BLVD W, UNIVERSITY PLACE, WA 98466-1822
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2021
—
6208 Tmb LLC
—
Deed
related
$3,720,000 · Heritage Southeast Bank
Nov 29, 2016
—
6208 Tmb LLC
Mcguire,brian P
Quit Claim Deed
related
—
Apr 20, 2015
—
Brian Mcguire
Bri-mac LLC
Quit Claim Deed
related
—
Mar 22, 2002
—
Bri-mac LLC
Mcguire,brian P
Quit Claim Deed
related
—
Oct 11, 1991
$1,150,000
Brian P Mc Guire
Unknown
Grant Deed
—
—
—
Bri-mac LLC
—
Deed Of Trust
related
$1,000,000 · Rainier Pacific Bank
—
—
Bri-mac LLC
—
Deed Of Trust
related
$935,000 · Us Bank NA
—
—
Brian P Mcguire
—
Deed Of Trust
related
$245,000 · Centennial Bank
—
—
Brian P Mcguire
—
Deed Of Trust
related
$300,000 · West Coast Bank
—
—
Brian P Mcguire
—
Deed Of Trust
related
$1,150,000 · West Coast Bancorp
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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