Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Commercial land
10201 29th St E Ct Edgewood, WA 98372-1726
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-2665805
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.31 ac (57,238 SF)
Zoning code
MUR
APN
3625000372
UPID
US90-2665805
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
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Gill Edgewood Heights LLC · 2 yrs held
Gill Edgewood Heights LLC
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
MUR · Edgewood, WA
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 Edgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewood 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
$1,610,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $1.61M (Jun 14 2024)
Last sale anchor
$1.61M
Jun 14 2024
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
—
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
$4,834
Tax year 2024
Assessed value
$501,600
Assessed 2024
Previous assessed
$522,300
-4.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$501,600
Land market value
$501,600
Total market value
$501,600
Applied tax rate
770.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.31 ac (57,238 SF)
Zoning code
MUR
APN
3625000372
UPID
US90-2665805
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MUR · Edgewood, WA
Zoning MUR · permitted uses
MUR · Edgewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.31 ac
Current owner
From public records · entity-resolved
Gill Edgewood Heights LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5603 FRANKLIN AVE SE, AUBURN, WA 98092-8396
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
—
Gill Edgewood Heights LLC
—
Deed
related
$5,780,000 · Gesa Cu
Jun 14, 2024
$1,610,000
Gill Edgewood Heights LLC
Sla LLC
Warranty Deed
—
Mar 14, 2024
—
Sla LLC
—
Deed
related
$400,000 · Gill Edgewood Heights LLC
Mar 31, 2021
$525,000
Sla LLC
Paul P Shelton III
Warranty Deed
—
Sep 26, 2018
—
Pace,edward D Trust
Pace,edward D
Quit Claim Deed
related
—
Jul 3, 2012
—
Edward D Pace
Pace Jane A
Quit Claim Deed
related
—
Dec 14, 2011
$20,000
Kenyon E Luce
Crowe,ronald S & B Vanessa
Warranty Deed
—
Sep 7, 2006
—
Dianna J Mayon
Mayon George E
Quit Claim Deed
—
Jan 25, 1990
$1,500
North Meridian Associates
Unknown
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10201 29th St E Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
