Individually Owned Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
FRAME
Total area
3,536 SF
Lot
0.3 ac (12,971 SF)
Zoning code
MF
APN
4503000060
UPID
US90-1279640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$420k
Owner & transaction history
since 1992
2 recorded transactions
Zoning & alternative use
MF · W, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 23 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$420k
Value range
$378k – $462k
±10% around blend
Estimated value / SF
$119 / SF
Confidence
High
23 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$378k
blend $420k
$462k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,536 SF
Lot area
0.3 ac
Year built
1983
Stories
2
APN
4503000060
Assessed value
$846,300
Annual tax
$9,958
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$9.52M
Weighted, 20 comps · high confidence
Evidence
23 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 3,332 SF
3.2 mi away · 3,120 SF
3.2 mi away · 3,120 SF
3.3 mi away · 3,120 SF
3.3 mi away · 3,120 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$420k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 376 sales
$207
-43%
County 597 sales
$236
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $119/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 23 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$846k
Move the market yield to see immediate price impact.
Value / SF
$239
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$53k
$1.07M
$762k
$592k
$59k
$1.18M
$846k
$658k
$65k
$1.30M
$931k
$724k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
23 found
High confidence · county-verified
Closest comparable
$850k
1.4 mi · Mar 2026 · $232/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,958
Tax year 2024
Assessed value
$846,300
Assessed 2024
Previous assessed
$846,300
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$285,200
Assessed improvement
$561,100
Land market value
$285,200
Improvement market value
$561,100
Total market value
$846,300
Applied tax rate
752.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
3,536 SF
Lot
0.3 ac (12,971 SF)
Zoning code
MF
APN
4503000060
UPID
US90-1279640
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MF · W, WAZoning MF · permitted uses
MF · W, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MF
Jurisdiction
W, WA
Recorded code
MF
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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