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Property profile & analytics
OFF-MARKET
Estimated value
$6,025,000
Motels
6802 Tacoma Mall Blvd Tacoma, WA 98409-9088
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1136262
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,061 SF
Lot
2.79 ac (121,489 SF)
Zoning code
C2
APN
320305034
UPID
US90-1136262
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
-
ATM Machine at CLARION INN Atm
-
Glory Of The Last Bible Church Church
-
Oasis Inn Tacoma near JBLM Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.03M
Owner & transaction history
Lihi Tacoma Ahah LLC · 1 yrs held
Lihi Tacoma Ahah LLC
since 2024
Last sale
$19,719
7 recorded transactions
Zoning & alternative use
C2 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allowed in the C -2 District. The maximum building height in this district is 45 feet.
Zone name
Commercial
General category
MIXED_USE
Zone area
305.24 ac
Source
Ordinance Table
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%
$6,400,000
6.5%
$5,910,000
7%
$5,485,000
Blend value · Realmo final
$6.03M
Range $5.42M – $6.63M · ±10% · vs last sale $20k (Feb 11 2020)
Last sale anchor
$20k
Feb 11 2020
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
$91 / 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
$123,184
Tax year 2024
Assessed value
$11,089,700
Assessed 2024
Previous assessed
$11,089,700
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,735,900
Assessed improvement
$7,353,800
Land market value
$3,735,900
Improvement market value
$7,353,800
Total market value
$11,089,700
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
128
Total area
66,061 SF
Lot
2.79 ac (121,489 SF)
Zoning code
C2
APN
320305034
UPID
US90-1136262
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WAZoning C2 · permitted uses
C2 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2: General Community Commercial District The C-2 District is similar to the C -1 District however it is intended to serve a larger market area. Higher intensity uses of the permitted uses in the C -1 District are allowed in the C -2 District. The maximum building height in this district is 45 feet.
Zone name
Commercial
General category
MIXED_USE
Zone area
305.24 ac
Source
Ordinance Table
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
128
Lot
2.79 ac
Current owner
From public records · entity-resolved
Lihi Tacoma Ahah LLC
Entity
Mailing address
6802 TACOMA MALL BLVD, TACOMA, WA 98409-9088
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
—
Lihi Tacoma Ahah LLC
Sm Heritage INC
Warranty Deed
$6,796,682 · Pierce County
Dec 6, 2021
—
Sm Heritage INC
—
Deed
related
$100,000 · All City Bail Bonds
May 11, 2020
—
Sm Heritage INC
—
Deed
related
$5,220,000 · Mountain Pacific Bk
Feb 11, 2020
$19,719
Sm Heritage INC
Grace T Choi
Warranty Deed
$5,220,000 · Mountain Pacific Bank
Oct 28, 2019
—
Grace T Choi
—
Deed
related
$4,960,000 · Bank Of Hope
May 12, 2016
—
Grace T Choi
—
Deed
related
$5,000,000 · Open Bank
May 15, 2007
—
Grace T Choi
Choi,john J
Quit Claim Deed
related
$2,955,000 · Cathay Bank
Dec 19, 2005
$5,110,000
Grace T Choi
Kim Family Trust
Warranty Deed
$4,100,000 · Kim Family Trust
—
—
Grace T Choi
—
Deed Of Trust
related
$4,960,000 · Bank Of Hope
—
—
Sm Heritage INC
—
Deed Of Trust
related
$5,220,000 · Mountain Pacific Bk
—
—
Sm Heritage INC
—
Deed Of Trust
related
$3,221,000 · Ameritrust Cdc
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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