Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1201 Valley Ave Sumner, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space anchored by Fred Meyer, Sumner location.

    Type:RETAIL
    Property size:
    1,102 SF
    Lot size:
    12.91 Acres
    Added:
    Apr 15, 2024
    Days on Market:
    745
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 1201 Valley Ave

    General Information

    Standard status
    Active
    Size
    1,102 SF
    Lot size
    12.91 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1201 Valley Ave Contact us

    We can help!

    Listing Contact
    Royce Cottle

    Listing agent Royce Cottle

    Listing office Leibsohn & Company

    Listing date Apr 15, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Leibsohn & Company

    Overview

    Retail Space Near Sumner High

    This 1,102-square-foot retail space is located off Main Street in Sumner, Washington. The property is anchored by Fred Meyer and is situated across from Sumner High School. Its location near multiple neighborhoods and apartment complexes provides a consistent customer base. The property offers easy parking and excellent access. Its proximity to Highway 167 enhances accessibility.
    Location Intelligence

    Current Use by Public Records

    Great Clips Hair Salon Peking Garden Restaurant Papa Murphy's | Take ... Restaurant S.H Home Staging Department Store Fred Meyer Fuel ... Gas Station

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • East Side Shopping Center — East Side Shopping Center, 15525 Main St E, Sumner, WA 98390
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Fred Meyer Inc, 1201 Valley Ave, Sumner, WA 98390
    • karls — 5221 160th Ave E, Sumner, WA 98390

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Pierce
    State
    Washington
    Longitude
    -122.229
    Latitude
    47.2042

    Nearby Similar for Lease

    • $0.70 SF/Yr

      Sumner Warehouse with SR 167 Access

      101,559 SF warehouse with immediate access to SR 167.
      14000 24th St E, Sumner, WA 98390
      View Details
    • $3,333/Mo

      Turnkey Office Suite Available

      Well-appointed office suite with functional layout and included furnishings.
      6008 160th Ave E, Sumner, WA 98390
      View Details
    • $9,022/Mo

      Sumner Commercial Space For Rent

      Versatile commercial space in Sumner's industrial corridor, ideal for contractors.
      16723 78th St E, Sumner, WA 98390
      View Details
    • $13,404/Mo

      Sumner Retail Office Flex Space

      High visibility corner location with drive-through service and parking.
      921 Alder Ave, Sumner, WA 98390
      View Details
    • $1,520/Mo

      Retail/Office Space in Fred Meyer Center

      Small retail or office space with excellent frontage and exposure.
      15007 Main St E, Sumner, WA 98390
      View Details
    • $30 SF/Yr

      Retail Space For Lease Sumner

      Retail space available in Sumner with high visibility and access.
      16290 Auto Lane, Suite B, Sumner, WA 98390
      View Details
    • $4,167/Mo

      Sumner Office Building For Rent

      Prime office building in Sumner with excellent visibility and access.
      808 Traffic Ave, Sumner, WA 98390
      View Details
    • $0.75 SF/Yr

      Warehouse/Manufacturing Facility with Freeway Access

      48,873 SF warehouse/manufacturing facility with immediate freeway access.
      1607 136th Avenue E, Sumner, WA 98390
      View Details
    • $0.79 SF/Yr

      Sumner Industrial Building For Sublease

      64,055 SF industrial building with excellent distribution location.
      4101 150th Ave Ct E, Bldg B, Sumner, WA 98390
      View Details
    • $0.79 SF/Yr

      Sumner Industrial Building For Sublease

      64,055 SF industrial building in Sumner with excellent distribution location.
      4101 150th Ave Ct E, Bldg B, Sumner, WA 98390
      View Details
    • $25 SF/Yr

      Downtown Sumner Corner Retail/Office

      Corner location in downtown Sumner with excellent visibility.
      921 Alder Ave, Sumner, WA
      View Details
    • $30 SF/Yr

      Sumner Retail Space For Lease

      Retail space available in Sumner with excellent location and visibility.
      16290 Auto Lane, Suite B, Sumner, WA 98390
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space anchored by Fred Meyer, Sumner location.
    Where is this shopping center located?
    The property is located at 1201 Valley Ave Sumner, WA.
    What are key features of this property?
    This property features: Fred Meyer‑Anchored Retail; Easy Parking and Excellent Access; Close proximity to/from Hwy 167
    (425) 586-4656 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Royce Cottle
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!