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Property profile & analytics
OFF-MARKET
Estimated value
$4,630,000
Hotels
6575 Kimball Dr 88-01, Gig Harbor, WA 98335-1227
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0833164
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
WOOD FRAME
Total area
30,578 SF
Lot
2.38 ac (103,673 SF)
Zoning code
B-2
APN
221087017
UPID
US90-0833164
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
-
Best Western Wesley Inn & Suites Hotel & Motel
-
WW Studio @ Best Western Wesley Inn & Suites Gig Harbor Wellness Center Wellness Program
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$4.63M
Owner & transaction history
Bratten Family Living Trust · 12 yrs held
Bratten Family Living Trust
since 2013
7 recorded transactions
Zoning & alternative use
B-2 · Gig Harbor, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,920,000
6.5%
$3,620,000
7%
$3,360,000
Blend value · Realmo final
$4.63M
Range $4.17M – $5.09M · ±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
$151 / 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
$65,874
Tax year 2024
Assessed value
$7,776,000
Assessed 2024
Previous assessed
$7,776,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$2,090,700
Assessed improvement
$5,685,300
Land market value
$2,090,700
Improvement market value
$5,685,300
Total market value
$7,776,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
81
Total area
30,578 SF
Lot
2.38 ac (103,673 SF)
Zoning code
B-2
APN
221087017
UPID
US90-0833164
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Gig Harbor, WA
Zoning B-2 · permitted uses
B-2 · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
81
Lot
2.38 ac
Current owner
From public records · entity-resolved
Bratten Family Living Trust
Trust
Mailing address
8802 RANDALL DR NW, GIG HARBOR, WA 98332-2108
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
—
Kenneth W Braaten
—
Deed
related
$2,794,000 · Umpqua Bank
Jul 1, 2013
—
Bratten Family Living Trust
Braaten,kenneth W & Sue A
Quit Claim Deed
related
—
Aug 12, 1988
$350,000
Keith Uddenberg INC
Unknown
Grant Deed
—
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$624,240 · Money Store Commercial Mtg
—
—
Kenneth W Branten
—
Deed Of Trust
related
$40,000 · Columbia State Bank
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$555,000 · Columbia State Bank
—
—
Braaten,f Living Trust
—
Deed Of Trust
related
$2,794,000 · Columbia State Bank
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$226,915 · Columbia State Bank
—
—
Kenneth W Braaten
—
Loan Modification
related
$1,052,826 · Columbus St Bk
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$2,815,038 · Columbia State Bank
—
—
Kenneth W Braaton
—
Deed Of Trust
related
$125,000 · Steve Martin Management Co INC
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$54,446 · Steve Martin Management Co INC
—
—
Kenneth W Braaten
—
Deed Of Trust
related
$685,000 · Evergreen Community Dev Assn
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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