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Property profile & analytics
OFF-MARKET
Estimated value
$5,795,000
Commercial land
6306 16th E St, Fife, WA 98424
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1156825
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,060 SF
Lot
2.13 ac (92,783 SF)
Zoning code
REGIONAL C
APN
420071137
UPID
US90-1156825
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
$6.04M
CAP Approach
CAP
$4.05M
Comparable Approach
Comparable
$5.33M
Blend (final)
Blend
$5.80M
Owner & transaction history
6300 Pacific Hwy LLC · 13 yrs held
6300 Pacific Hwy LLC
since 2013
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, 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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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
$5,415,000
ML approach
$6,035,000
CAP Approach
CAP Return
Estimation
6%
$4,385,000
6.5%
$4,045,000
7%
$3,760,000
Blend value · Realmo final
$5.80M
Range $5.22M – $6.37M · ±10% · vs last sale $6.10M (Jan 6 2025)
Last sale anchor
$6.10M
Jan 6 2025
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
$304 / 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
$20,379
Tax year 2024
Assessed value
$2,143,900
Assessed 2024
Previous assessed
$2,143,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,143,900
Land market value
$2,143,900
Total market value
$2,143,900
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
19,060 SF
Lot
2.13 ac (92,783 SF)
Zoning code
REGIONAL C
APN
420071137
UPID
US90-1156825
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Fife, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · Fife, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fife. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
6300 Pacific Hwy LLC
Entity
Mailing address
17710 16TH ST CT E, LAKE TAPPS, WA 98391-6781
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2017
—
6300 Pacific Hwy LLC
—
Grant Deed
related
$5,250,000 · Bank Of America
Apr 23, 2013
—
6300 Pacific Hwy LLC
Wells Fargo Bk NA 2007-1
Quit Claim Deed
related
—
Apr 23, 2013
$6,100,000
6300 Pacific Hwy LLC
Wells Fargo Bk NA 2007-1
Grant Deed
—
Dec 3, 2012
—
Wells Fargo Bank NA 2007-1
Ge Coml Fin Busn Prop Corp
Grant Deed
—
Jan 27, 2012
—
Coml Finance Busn Prop Co Ge
General Electric Credit Equiti
Quit Claim Deed
related
—
Dec 28, 2011
$6,000,000
Electric Credit Equiti
Haberthur Phillip J
Trustees Deed
related
—
Feb 23, 2004
—
S & C Investments LLC
Dunkin,steven P & Cynthia A
Grant Deed
$3,758,998 · Frontier Bank
Jul 11, 2003
$2,100,000
Steven P Dunkin
Wilson,lee E & Lori M
Grant Deed
$2,900,000 · City Bank
Feb 19, 1992
$228,430
Rainier Crest Development INC Et
Unknown
Grant Deed
—
—
—
6300 Pacific Hwy LLC
—
Deed Of Trust
related
$4,200,000 · Bank Of America
—
—
Lee E Wilson
—
Deed Of Trust
related
$294,443 · Hpp Enterprises
—
—
Lee E Wilson
—
Deed Of Trust
related
$330,669 · Key Bank NA
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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