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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
716 64th St Tacoma, WA 98404-1940
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1659057
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1960
Construction
WOOD FRAME
Total area
4,344 SF
Lot
0.38 ac (16,470 SF)
Zoning code
C2
APN
7815000291
UPID
US90-1659057
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
-
Brilliant Bryants Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$575k
Owner & transaction history
Ottos Autos Sales And Service LLC · 2 yrs held
Ottos Autos Sales And Service LLC
since 2024
Last sale
$575,000
6 recorded transactions
Zoning & alternative use
C2 · 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
Method
Estimation
Statistic approach
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jun 12 2024)
Last sale anchor
$575k
Jun 12 2024
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
$132 / 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
$4,749
Tax year 2024
Assessed value
$426,500
Assessed 2024
Previous assessed
$426,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$301,800
Assessed improvement
$124,700
Land market value
$301,800
Improvement market value
$124,700
Total market value
$426,500
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
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1960
Construction
WOOD FRAME
Heating
SPACE
Buildings
4
Stories
1
Units
1
Total area
4,344 SF
Lot
0.38 ac (16,470 SF)
Zoning code
C2
APN
7815000291
UPID
US90-1659057
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · 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
1960
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
4
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Ottos Autos Sales And Service LLC
Entity
Mailing address
6454 MCKINLEY AVE, TACOMA, WA 98404-2345
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
$575,000
Ottos Autos Sales And Service LLC
Suon Pha
Warranty Deed
$475,000 · Khanh Tran Etal
Feb 10, 2004
$191,000
Pha Suon
Burns,robert F & Audrey E
Warranty Deed
$270,000 · Robert F & Audrey E Burns
—
—
Khanh Tran
—
Deed Of Trust
related
$90,000 · Paul Suon
—
—
Pha Suon
—
Deed Of Trust
related
$30,000 · Sare S Chay
—
—
Paul Suon
—
Deed Of Trust
related
$130,000 · Paul Suon
—
—
Khanh Tran
—
Deed Of Trust
related
$90,000 · Sare S Chay
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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