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Property profile & analytics
OFF-MARKET
Apartment buildings
759 40th St, Tacoma, WA 98418-4904
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-3059642
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
FRAME
Total area
3,200 SF
Lot
0.14 ac (6,000 SF)
Zoning code
RCX
APN
8935021250
UPID
US90-3059642
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
Bridgewood LLC · 4 yrs held
Bridgewood LLC
since 2021
7 recorded transactions
Zoning & alternative use
RCX · 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
$8,511
Tax year 2024
Assessed value
$765,200
Assessed 2024
Previous assessed
$765,200
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$187,300
Assessed improvement
$577,900
Land market value
$187,300
Improvement market value
$577,900
Total market value
$765,200
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
3,200 SF
Lot
0.14 ac (6,000 SF)
Zoning code
RCX
APN
8935021250
UPID
US90-3059642
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RCX · Tacoma, WA
Zoning RCX · permitted uses
RCX · 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
1974
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bridgewood LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2018 N 30TH ST APT #4, TACOMA, WA 98403-2957
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
—
Bridgewood LLC
Robert C Batie
Quit Claim Deed
related
—
May 23, 2013
—
Robert C Batie
Carlyle Properties LLC
Warranty Deed
—
Sep 13, 2010
—
Carlyle Properties LLC
Batie,robert C & Helen J
Warranty Deed
—
Apr 28, 2010
—
Robert C Batie
Robert C Batie
Intrafamily Transfer
related
$154,000 · Us Bank NA
Oct 7, 2009
$176,296
Robert C Batie
Northwest Te Svcs INC
Trustees Deed
related
$121,185 · Eastside Funding LLC
May 12, 2004
$311,000
Lois Bowman
Durbin,robert A & Shannon L
Warranty Deed
$248,800 · Lehman Brothers Bank Fsb
Aug 16, 2000
$81,424
Robert A Durbin
Rhines,robert G & Paige A
Quit Claim Deed
related
$144,800 · Greenpoint Mortgage Funding
Aug 19, 1994
—
Carl M Lovsted
Olson,craig A
Quit Claim Deed
related
—
—
—
Robert A Durbin
—
Deed Of Trust
related
$152,500 · North American Mortgage
—
—
Robert A Durbin
—
Deed Of Trust
related
$182,400 · Homecomings Financial Network
—
—
Louis Bowman
—
Deed Of Trust
related
$248,800 · Lehman Brothers Bank Fsb
—
—
Jay S Petersen
—
Deed Of Trust
related
$91,876 · Columbia State Bank
—
—
Lois Bowman
—
Deed Of Trust
related
$300,000 · Sierra Pacific Mortgage
—
—
Robert G Rhines
—
Deed Of Trust
related
$141,600 · America's Wholesale Lender
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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