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Property profile & analytics
OFF-MARKET
Medical Office Space
6721 Regents Blvd, Tacoma, WA 98466-5461
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0326134
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
WOOD FRAME
Total area
3,200 SF
Lot
0.35 ac (15,246 SF)
Zoning code
IB
APN
6465000037
UPID
US90-0326134
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
-
Ruf's Wallpaper & Installation (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Prime Cooling & Heating HVAC Service General Contractor
-
Brock's Academy Tutoring Service
-
Tacoma Interpreters - Tacoma Medical Interpreters Translator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark Girolami · 7 yrs held
Mark Girolami
since 2018
7 recorded transactions
Zoning & alternative use
IB · 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
—
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
$7,320
Tax year 2024
Assessed value
$583,500
Assessed 2024
Previous assessed
$583,500
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$416,700
Assessed improvement
$166,800
Land market value
$416,700
Improvement market value
$166,800
Total market value
$583,500
Applied tax rate
752.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,200 SF
Lot
0.35 ac (15,246 SF)
Zoning code
IB
APN
6465000037
UPID
US90-0326134
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
IB · Tacoma, WA
Zoning IB · permitted uses
IB · 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
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Mark Girolami
Individual
Mailing address
6314 19TH ST W STE #22, FIRCREST, WA 98466-6223
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2018
—
Mark Girolami
Girolami,philip & Lisa
Quit Claim Deed
related
—
Mar 3, 2017
$635,000
Philip C Girolami
Earth White LLC
Warranty Deed
$508,000 · Tapco Cu
Jun 3, 2010
—
White Earth LLC
Federated Mortgage Co
Warranty Deed
—
Jun 15, 2007
—
Federated Mortgage Co
—
Trustees Deed
related
$228,600 · Sound Banking Co
Mar 22, 1988
$240,000
Federated Mtg Co
Unknown
Grant Deed
related
$196,800 · Sterling Savings Association
—
—
Federated Mortgage Corp
—
Deed Of Trust
related
$259,966 · Columbia State Bank
—
—
White Earth LLC
—
Deed Of Trust
related
$286,415 · Columbia State Bank
—
—
Federated Mortgage Corp
—
Deed Of Trust
related
$239,000 · Bocott Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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