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Property profile & analytics
FOR SALE
Office Spaces
7817 Pacific Ave Tacoma, WA 98408
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-0540141
For Sale
1 / 4
$1,100,000
7817 Pacific Ave, Tacoma, WA 98408
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Construction
WOOD FRAME
Total area
3,152 SF
Lot
0.16 ac (6,757 SF)
Zoning code
T
APN
7850001114
UPID
US90-0540141
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
Current use
Occupant on record · Public records
-
Top Rated General Contractors Construction Company
-
Beauty Massage & Spa Alternative Medicine Practice Spa & Massage Center
-
MIMI AFRICAN HAIR BRAIDING Hair Salon
-
John Kellogg Alternative Medicine Practice
-
Frontier Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$475k
Blend (final)
Blend
$740k
Owner & transaction history
Pacific Commercial Properties LLC · 1 yrs held
Pacific Commercial Properties LLC
since 2025
6 recorded transactions
Zoning & alternative use
T · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+19.8%
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 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
Method
Estimation
Statistic approach
$770,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$970,000
Current use
AUTO REPAIR, GARAGE
$1,165,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$950,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$945,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±10%
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
$235 / 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
$6,234
Tax year 2024
Assessed value
$560,200
Assessed 2024
Previous assessed
$560,200
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$265,700
Assessed improvement
$294,500
Land market value
$265,700
Improvement market value
$294,500
Total market value
$560,200
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
3,152 SF
Lot
0.16 ac (6,757 SF)
Zoning code
T
APN
7850001114
UPID
US90-0540141
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
T · Tacoma, WA
Zoning T · permitted uses
T · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$945,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Pacific Commercial Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 339, EATONVILLE, WA 98328-0339
Ownership since
2025
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
Apr 3, 2025
—
Pacific Commercial Properties LLC
Share Investments LLC
Warranty Deed
—
Mar 27, 2024
—
Share Investments LLC
—
Deed
related
$490,000 · Timberland Bank
Sep 30, 2022
$780,000
Share Investments LLC
Jml Properties Tacoma 1 LLC
Warranty Deed
—
Mar 26, 2020
$430,000
Jml Properties Tacoma 1 LLC
T & E Tacoma LLC
Warranty Deed
—
Nov 20, 2012
$150,000
T & E Tacoma LLC
First Citizens Bank & Trust
Bargain And Sale Deed
$120,000 · Jpmorgan Chase Bank NA
Oct 18, 2010
$318,968
First Citizens Bk & Trust Co
Eisenhower & Carlson PLLC
Trustees Deed
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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