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Property profile & analytics
FOR SALE
Office Spaces
820 6Th Ave Tacoma, WA 98405
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1723165
No photos on file
For Sale
$550,000
820 6Th Ave, Tacoma, WA 98405
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,924 SF
Lot
0.09 ac (3,750 SF)
Zoning code
DR
APN
2006170020
UPID
US90-1723165
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
-
South Sound Medical Medical Clinic
-
Wright Park Chiropractic Center: Kiniry Edwin W DC Alternative Medicine Practice
-
REESE DA BARBER appts only Barber Shop
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Unforgettable Skin & Lash Bar Spa & Massage Center Skin Care Clinic
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
Abbc-wright Park 2 · 9 yrs held
Abbc-wright Park 2
since 2017
4 recorded transactions
Zoning & alternative use
DR · 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
$2,860
Tax year 2024
Assessed value
$256,500
Assessed 2024
Previous assessed
$256,500
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$247,400
Assessed improvement
$9,100
Land market value
$247,400
Improvement market value
$9,100
Total market value
$256,500
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Total area
2,924 SF
Lot
0.09 ac (3,750 SF)
Zoning code
DR
APN
2006170020
UPID
US90-1723165
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
DR · Tacoma, WA
Zoning DR · permitted uses
DR · 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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Abbc-wright Park 2
Individual
Mailing address
1020 N TACOMA AVE, TACOMA, WA 98403-2929
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2018
—
Abbc Wright Park 2 LLC
—
Deed
related
$412,000 · Us Bank NA
Jun 30, 2017
$589,000
Abbc-wright Park 2
Ferguson,richard B JR
Warranty Deed
$200,469 · William G JR & Becky A Hines
Jan 31, 1991
$135,000
Richard B Ferguson SR.
Unknown
Grant Deed
$89,100 · Interwest Savings Bank
—
—
Richard B Ferguson JR.
—
Deed Of Trust
related
$202,122 · Wells Fargo Fin'l Wa #1 INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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