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Property profile & analytics
FOR SALE
Retail space
8038 Pacific Ave Tacoma, WA 98408-5825
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1202941
For Sale
1 / 19
$449,950
8038 Pacific Ave, Tacoma, WA 98408-5825
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,164 SF
Lot
0.07 ac (2,875 SF)
Zoning code
C2
APN
320332086
UPID
US90-1202941
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
-
East The Barber Barber Shop
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Culture Barber-Salon-Gallery Barber Shop
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
Culture Barber Salon Gallery LLC · 3 yrs held
Culture Barber Salon Gallery LLC
since 2023
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
C2 · 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
$1,281
Tax year 2024
Assessed value
$114,300
Assessed 2024
Previous assessed
$114,300
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$110,800
Assessed improvement
$3,500
Land market value
$110,800
Improvement market value
$3,500
Total market value
$114,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,164 SF
Lot
0.07 ac (2,875 SF)
Zoning code
C2
APN
320332086
UPID
US90-1202941
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tacoma, WA
Zoning C2 · permitted uses
C2 · 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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Culture Barber Salon Gallery LLC
Entity
Mailing address
9909 132ND ST E APT C204, PUYALLUP, WA 98373-9435
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
$200,000
Culture Barber Salon Gallery LLC
Creative Commercial Investments LLC
Warranty Deed
$185,000 · Nevada Limited Liability Company
Oct 26, 2018
—
Creative Coml Invs LLC
Rain City Cap LLC
Quit Claim Deed
related
$1,103,383 · Rain City Cap
Oct 1, 2018
$1,075,000
Creative Coml Invs LLC
Froland Jerome A|qh Group LLC
Trustees Deed
related
—
Dec 24, 2012
—
Qh Group LLC
L & S Group LLC
Quit Claim Deed
related
—
Feb 24, 2012
$60,000
L & S Group LLC
Plantation Investment LLC
Warranty Deed
—
Feb 3, 2004
—
Plantation Investment LLC
Plotkin Sonya G Trust
Quit Claim Deed
related
—
—
—
Qh Group LLC
—
Deed Of Trust
related
$475,000 · Creative Equity Lndg
—
—
Qh Group LLC
—
Deed Of Trust
related
$205,000 · Creative Equity Lndg
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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