New search
Property profile & analytics
FOR LEASE
Warehouses
7450 26Th St E, Fife, WA 98424
Individually Owned
~
Est. High Equity
Property ID
US90-2687717
For Lease
1 / 2
$0.95 SF/Yr
7450 26Th St E, Fife, WA 98424
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
225,800 SF
Lot
11.51 ac (501,376 SF)
APN
420083050
UPID
US90-2687717
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
$45.17M
Comparable Approach
Comparable
$50.80M
Blend (final)
Blend
$44.09M
Owner & transaction history
Syracuse 7450 26th Street East Owne
Syracuse 7450 26th Street East Owne
since 2026
Last sale
$40.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$68.2M
+0.8%
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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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%
$48,930,000
6.5%
$45,165,000
7%
$41,940,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$67,655,000
Current use
RETAIL STORES
$68,185,000
Change: +1% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$59,430,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$55,260,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$44.09M
Range $39.68M – $48.50M · ±10% · vs last sale $40.20M (Feb 12 2026)
Last sale anchor
$40.20M
Feb 12 2026
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
$195 / 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
$284,548
Tax year 2024
Assessed value
$30,971,800
Assessed 2024
Previous assessed
$30,971,800
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$10,376,800
Assessed improvement
$20,595,000
Land market value
$10,376,800
Improvement market value
$20,595,000
Total market value
$30,971,800
Applied tax rate
67.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
225,800 SF
Lot
11.51 ac (501,376 SF)
APN
420083050
UPID
US90-2687717
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$67.7M
RETAIL STORES
Est. value
$68.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$59.4M
MEDICAL BUILDING
Est. value
$55.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
11.51 ac
Current owner
From public records · entity-resolved
Syracuse 7450 26th Street East Owne
Individual
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
$40,200,000
Syracuse 7450 26th Street East Owne
Colfin 2019 2a Industrial Owner LLC
Bargain & Sale Deed
$509,400,000 · Syracuse Fund V Lender Sub LLC
Feb 4, 2022
—
Colfin 2019 2a Industrial Owner LLC
—
Deed
related
—
Dec 19, 2019
—
Colfin 2019 2a Industrial Owner LLC
—
Deed
related
—
Mar 1, 2019
$28,000,000
Colfin 2019-2a Indl Owner LLC
Dpf Wa I Lc-167 Fife LLC
Grant Deed
—
—
—
Colfin 2019-2a Indl Owner LLC
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
