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    The Largest CRE Database in the US with Over 1 Million Listings

    Bob Fredrickson, Rochester, WA

    License ID: 8077
    Coldwell Banker Commercial Danforth

    Service Locations

    Contact details

    Phone:
    (206) 595-7232
    Office Address:
    33313 1st Way S, Federal Way, WA, 98003

    Performance

    Listings
    21

    Listings

    For Sale (12)

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    • $900,000
      4.54 Acres

      Grand Mound Industrial Land for Sale

      4.54 Acres, I-5 Corridor, $900,000
      5919 Ivan Way, Rochester, WA 98579
      View Details
    • Contact for pricing
      597.86 Acres

      300 Acre I-5 Industrial Development Site

      Land • 597.86 Acres
      3000 Old Pacific Hwy, Kelso, WA 98626
      View Details
    • $9,200,000
      95,326 SF

      Industrial Manufacturing Property For Sale

      95,326 sq ft industrial manufacturing property on 3.17 acres.
      203 5Th St NW, Puyallup, WA 98371
      View Details
    • $5,950,000
      25,100 SF

      Manufacturing Building Near Boeing Everett

      Well-maintained manufacturing building near Boeing Everett and Paine Field.
      13008 Beverly Park Rd, Mukilteo, WA 98275
      View Details
    • $2,126,000
      10,630 SF

      Downtown Olympia Office Building

      Two-story office building in downtown Olympia with on-site parking.
      510 Plum St SE, Olympia, WA 98501
      View Details
    • $14,200,000
      22 SF

      Seattle Marine Facility For Sale

      Marine facility with shop, office, boat storage, and dock.
      5350 30Th Ave NW Seattle, Seattle, WA 98107
      View Details
    • $900,000
      3 SF

      Grand Mound Industrial Land I-5

      3.44 acres of industrial land with I-5 corridor access.
      5911 Ivan Way SW, Rochester, WA 98579
      View Details
    • Contact for pricing
      300 SF

      Anchor Point Industrial Land

      600-acre industrial site with direct I-5 and BNSF access.
      3000 Old Pacific Hwy S, Kelso, WA 98626
      View Details
    • $1,800,000
      2,054 SF

      Two Buildings in Des Moines

      Two buildings on 25,080 SF lot near Des Moines Marina.
      21616-21630 7 Pl S, Des Moines, WA
      View Details
    • $900,000

      Grand Mound Industrial Land I-5

      3.44 acres of industrial land with I-5 corridor access.
      5911 Ivan Way SW, Grand Mound, WA
      View Details
    • Contact for pricing

      Downtown Everett Development Opportunity

      Prime city block zoned for high-density development in Everett, WA.
      2012-3430 Broadway, Everett, WA 98201
      View Details
    • $2,500,000

      Napavine Exit Land Opportunity

      21.03 acres of commercial land with freeway visibility.
      Rush Rd, Chehalis, WA 98532
      View Details

    For Lease (9)

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    • $20 SF/Yr
      9,600 SF

      Martin Way Office Building

      Olympia Office Space: 2 Suites Available
      3905 Martin Way, Olympia, WA 98506
      View Details
    • $1.80 SF/Yr
      558,874 SF

      Rochester Commercial Land Opportunity

      Prime I-5 Corridor Land Lease, 0.5-12.83 Acres
      19843 Old Highway 99, Rochester, WA 98579
      View Details
    • $52,272
      479,160 SF

      Napavine I-5 Commercial Land Lease

      11 Acres, I-5 Frontage, High Visibility
      0 Rush Rd, Napavine, WA 98532
      View Details
    • $14 SF/Yr
      53,500 SF

      James Center North: Office & Retail Space

      Tacoma Office/Retail Complex - Multiple Suites Available
      1614 Mildred St, Tacoma, WA 98465
      View Details
    • $2,200 /Mo
      6,400 SF

      Burien Office For Lease

      Burien Office For Lease
      122 SW 156th, St Burien, WA 98166
      View Details
    • $14 SF/Yr
      2,072 SF

      Office Space Near Tacoma College

      Office space available near Tacoma Community College and transit center.
      1610-1636 S Mildred St, Tacoma, WA 98465
      View Details
    • $0.18 SF/Yr

      Maple Valley Land for Lease

      Secured land near Highway 18, suitable for various uses.
      23056 Witte Rd SE, Maple Valley, WA 98038
      View Details
    • $18 SF/Yr
      8,400 SF

      Georgetown Industrial Space For Lease

      8,400 SF industrial space in the heart of Georgetown.
      205 S Dawson St, Seattle, WA 98134
      View Details
    • $0.10 SF/Yr

      Napavine Land For Lease

      11 net usable acres fronting I-5 in Napavine, WA.
      1254 Rush Rd, Napavine, WA 98532
      View Details

    Leases and Sales on Map

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    Request Owner's contact information
    Bob Fredrickson, Rochester, WA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Bob Fredrickson, Rochester, WA
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