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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Drive through restaurants
9602 Bridgeport SW Way Tacoma, WA 98499-2804
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1606745
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,448 SF
Lot
0.39 ac (16,929 SF)
Zoning code
CBD
APN
219022808
UPID
US90-1606745
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$705k
Owner & transaction history
9602 Bridgeport Way LLC · 5 yrs held
9602 Bridgeport Way LLC
since 2021
Last sale
$699,999
7 recorded transactions
Zoning & alternative use
CBD · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$615,000
+8.3%
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
$810,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$565,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$615,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$535,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$455,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $700k (Jan 4 2021)
Last sale anchor
$700k
Jan 4 2021
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
$487 / 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
$6,185
Tax year 2024
Assessed value
$529,000
Assessed 2024
Previous assessed
$529,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$481,300
Assessed improvement
$47,700
Land market value
$481,300
Improvement market value
$47,700
Total market value
$529,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
1,448 SF
Lot
0.39 ac (16,929 SF)
Zoning code
CBD
APN
219022808
UPID
US90-1606745
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Tacoma, WA
Zoning CBD · permitted uses
CBD · 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
RESTAURANT Current
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$455,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
9602 Bridgeport Way LLC
Entity
Mailing address
PO BOX 87399, VANCOUVER, WA 98687-7399
Ownership since
2021
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
Apr 18, 2025
—
9602 Bridgeport Way LLC
—
Deed
related
$375,000 · Sound Banking Company
Jan 4, 2021
$699,999
9602 Bridgeport Way LLC
Kashi Management INC
Warranty Deed
$490,000 · Sound Banking Company
Nov 20, 2018
—
Kashi Management INC
—
Deed
related
$300,000 · Banner Bk
Mar 7, 2017
—
Kashi Management INC
—
Deed
related
$300,000 · First American Title Insurance
Aug 29, 2011
$197,500
Kashi Management INC
Hansen,dorothy
Trustees Deed
—
Feb 24, 2010
$175,000
Kashi Management INC
Bowmer,linda L
Warranty Deed
$145,903 · Linda L Bowmer
Jun 17, 2008
—
Scott S Sanderson
Kleiva,betty J
Quit Claim Deed
related
—
—
—
Kashi Management INC
—
Loan Modification
related
$300,000 · Banner Bk
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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