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Property profile & analytics
OFF-MARKET
Turn key restaurants
7320 Pacific Ave Tacoma, WA 98408
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1661127
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1935
Construction
WOOD FRAME
Total area
2,832 SF
Lot
0.4 ac (17,410 SF)
Zoning code
M-1
APN
420052046
UPID
US90-1661127
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Milton · 4 yrs held
City Of Milton
since 2022
7 recorded transactions
Zoning & alternative use
M-1 · 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
$5,337
Tax year 2024
Assessed value
$533,600
Assessed 2024
Previous assessed
$533,600
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$406,200
Assessed improvement
$127,400
Land market value
$406,200
Improvement market value
$127,400
Total market value
$533,600
Applied tax rate
79.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1935
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
2,832 SF
Lot
0.4 ac (17,410 SF)
Zoning code
M-1
APN
420052046
UPID
US90-1661127
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Tacoma, WA
Zoning M-1 · permitted uses
M-1 · 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
1935
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
City Of Milton
Entity
Mailing address
PO BOX 2015, TACOMA, WA 98401-2015
Ownership since
2022
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
May 23, 2022
—
City Of Milton
Windmill Corner LLC
Warranty Deed
—
Jun 3, 2021
—
Windmill Corner LLC
—
Deed
related
$350,000 · Commencement Bank
Feb 2, 2017
$294,719
Windmill Corner LLC
Fairway Fund V LLC
Bargain And Sale Deed
$275,000 · Fairway Fund V LLC
Oct 31, 2012
$1,432,657
Fairway Fund V LLC
Haberthur Phillip J
Trustees Deed
related
$6,025,000 · Interamerican Investments INC
Feb 17, 2005
—
Cng Properties LLC
Guzek,christopher E
Grant Deed
$920,000 · Fairway Commercial Mortgage
—
—
Christopher E Guzek
—
Deed Of Trust
related
$50,000 · Community Redevelopment Tacoma
—
—
Christopher E Guzek
—
Deed Of Trust
related
$194,943 · Individual
—
—
Cng Properties LLC
—
Deed Of Trust
related
$1,200,000 · Fairway Commercial Mortgage
—
—
Christopher E Guzek
—
Deed Of Trust
related
$18,429 · Fife Commercial Bank
—
—
Christopher Guzek
—
Deed Of Trust
related
$185,000 · Edward & Wilma
—
—
Christopher E Guzek
—
Deed Of Trust
related
$75,000 · Wilma Edland
—
—
Christopher E Guzek
—
Deed Of Trust
related
$31,078 · Evergreen Postal Employees Cu
—
—
Christopher E Guzek
—
Deed Of Trust
related
$175,000 · Postal Plus FCU
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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