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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Turn key restaurants
6300 Marine Vw Dr Tacoma, WA 98422-2702
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1576530
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
WOOD FRAME
Total area
4,381 SF
Lot
0.89 ac (38,565 SF)
Zoning code
S12
APN
321216015
UPID
US90-1576530
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
-
Cliff House Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$615k
Owner & transaction history
6300 Marine View Drive LLC · 14 yrs held
6300 Marine View Drive LLC
since 2011
4 recorded transactions
Zoning & alternative use
S12 · Tacoma, WA
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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$140 / 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
$19,415
Tax year 2024
Assessed value
$1,747,000
Assessed 2024
Previous assessed
$1,747,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$299,400
Assessed improvement
$1,447,600
Land market value
$299,400
Improvement market value
$1,447,600
Total market value
$1,747,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1961
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,381 SF
Lot
0.89 ac (38,565 SF)
Zoning code
S12
APN
321216015
UPID
US90-1576530
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
S12 · Tacoma, WAZoning S12 · permitted uses
S12 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1961
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
6300 Marine View Drive LLC
Entity
Free & Clear · 14 yrs held
Mailing address
28835 PACIFIC HWY S, FEDERAL WAY, WA 98003-3801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2011
—
6300 Marine View Drive LLC
Brendicke Properties LLC
Grant Deed
related
—
Oct 12, 2011
—
Brendicke Properties LLC
Brendicke Family Living Trust
Quit Claim Deed
related
—
Apr 24, 2008
—
Brendicke Properties LLC
Brendicke Guido & Tammy
Quit Claim Deed
related
—
—
—
Brendicke Trust
—
Deed Of Trust
related
$556,000 · Columbia State 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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