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Property profile & analytics
OFF-MARKET Estimated value $515,000
Turn key restaurants

Marke Ave Jefferson 1901 Tacoma, WA 98402

6,988 SF 0.17 ac lot Built 1918
Individually Owned 34-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1421313
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1918
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,988 SF
Lot 0.17 ac (7,600 SF)
Zoning code DMU
APN 2019070010
UPID US90-1421313
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Board Of Regents · 34 yrs held
Board Of Regents
since 1992
1 recorded transaction
1992
$245,000
Zoning & alternative use
DMU · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DMU: Downtown Mixed-Use District The DMU D istrict is intended to contain a high concentration of educational, cultural, and governmental services together with commercial services and uses. The preferred uses of thi s district are governmental, educational, office, residential, and cultural. Retail and industrial located entirely within a building are allow…

Zone name Downtown Mixed Use
General category MIXED_USE
Zone area 182.66 ac
Source Ordinance Table
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