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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office Spaces
879 Vly S Hwy Pacific, WA 98047-2139
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0623293
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2014
Construction
WOOD FRAME
Total area
2,880 SF
Lot
1.72 ac (75,097 SF)
Zoning code
COMMERCIAL
APN
420021042
UPID
US90-0623293
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
$380k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$565k
Owner & transaction history
Amerigas Propane LP · 12 yrs held
Amerigas Propane LP
since 2013
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Pacific, 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 Pacific submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific 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
by Request
ML approach
$380,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$196 / 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
$19,830
Tax year 2024
Assessed value
$2,055,800
Assessed 2024
Previous assessed
$2,055,800
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,205,300
Assessed improvement
$850,500
Land market value
$1,205,300
Improvement market value
$850,500
Total market value
$2,055,800
Applied tax rate
86.0000
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
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
2,880 SF
Lot
1.72 ac (75,097 SF)
Zoning code
COMMERCIAL
APN
420021042
UPID
US90-0623293
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
COMMERCIAL · Pacific, WA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Pacific, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Amerigas Propane LP
Entity
Mailing address
460 N GULPH RD STE #100, KING OF PRUSSIA, PA 19406-2815
Ownership since
2013
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
Oct 2, 2013
$1,100,000
Amerigas Propane LP
Terrace View Properties LLC
Warranty Deed
—
—
—
Terrace View Properties
—
Deed Of Trust
related
$165,000 · Towne Bank
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$681,544 · Lakeside Industries INC
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$845,000 · Frontier Bank
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$795,470 · Coastal Community Bank
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$637,500 · Frontier Bank
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$250,000 · Pollack Trust
—
—
Terrace View Properties LLC
—
Deed Of Trust
related
$415,000 · Towne Bank
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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