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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Strip malls
9104 Tacoma Way Lakewood, WA 98499-4407
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-1905343
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
WOOD FRAME
Total area
11,993 SF
Lot
0.96 ac (41,875 SF)
APN
220368028
UPID
US90-1905343
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
-
UniBank Bank Loan Service
-
New Gangnam BBQ Korean Barbecue Restaurant Korean Restaurant
-
Ding Tea, Lakewood Restaurant Cafe & Coffee Shop
-
Advanced FamilyCare Medicine (DBA 채정희 클리닉) Medical Group
-
IC Boba Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$1.01M
Owner & transaction history
Boo Han Plaza II LLC · 15 yrs held
Boo Han Plaza II LLC
since 2010
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$84 / 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
$31,517
Tax year 2024
Assessed value
$2,839,600
Assessed 2024
Previous assessed
$2,839,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,443,000
Assessed improvement
$1,396,600
Land market value
$1,443,000
Improvement market value
$1,396,600
Total market value
$2,839,600
Applied tax rate
760.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Units
8
Total area
11,993 SF
Lot
0.96 ac (41,875 SF)
APN
220368028
UPID
US90-1905343
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
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
2002
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Lot
0.96 ac
Current owner
From public records · entity-resolved
Boo Han Plaza II LLC
Entity
Mailing address
3880 STEILACOOM BLVD SW, LAKEWOOD, WA 98499-4582
Ownership since
2010
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
Dec 7, 2010
—
Boo Han Plaza II LLC
Han,boo N & Bang K
Quit Claim Deed
—
—
—
Boo N Han
—
Deed Of Trust
related
$700,000 · Heritage Bank
—
—
Boo Han Plaza II LLC
—
Loan Modification, Consolidation And Extension
related
—
—
—
Boo Han Plaza II LLC
—
Deed Of Trust
related
$400,000 · Unibank
—
—
Boo Han Plaza II LLC
—
Deed Of Trust
related
$800,000 · Unibank
—
—
Boo N Han
—
Deed Of Trust
related
$700,000 · Heritage 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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