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Property profile & analytics
OFF-MARKET
Apartment buildings
7636 Pacific SE Ave, Olympia, WA 98503-1845
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0725262
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD FRAME
Total area
1,800 SF
Lot
1.02 ac (44,431 SF)
APN
1181-43-30900
UPID
US90-0725262
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
Hirzel Unroe LLC · 10 yrs held
Hirzel Unroe LLC
since 2016
6 recorded transactions
Zoning & alternative use
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 Olympia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,197
Tax year 2023
Assessed value
$1,229,700
Assessed 2022
Previous assessed
$903,500
+36.1% YoY
Effective rate
1.07%
On assessed value
Assessed land
$128,200
Assessed improvement
$1,101,500
Land market value
$128,200
Improvement market value
$1,101,500
Total market value
$1,229,700
Applied tax rate
239.0000
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
1969
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
YES
Stories
1
Bathrooms
4
Total area
1,800 SF
Lot
1.02 ac (44,431 SF)
APN
1181-43-30900
UPID
US90-0725262
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Construction
WOOD FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.02 ac
Current owner
From public records · entity-resolved
Hirzel Unroe LLC
Entity
Mailing address
4570 AVERY LN SE STE C, LACEY, WA 98503-5608
Ownership since
2016
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
Mar 11, 2016
$846,685
Hirzel Unroe LLC
Thorn Lane LLC
Warranty Deed
$677,600 · Anchor Bank
Sep 30, 2010
—
Thorn Lane LLC
Washburn,richard W
Quit Claim Deed
related
—
Mar 30, 2006
—
Richard W Washburn
Board Of Regents/university/wa
Grant Deed
$532,000 · Timberland Bank
Oct 17, 2005
—
Board Of Regents/univ/wa
Seth,timothy M
Warranty Deed
—
Dec 1, 1993
$375,000
Timothy M Seth
Unknown
Grant Deed
—
Apr 7, 1992
$295,000
Ronald Ronald Piksa
Lougheed, Ralph L
Grant Deed
$260,000
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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