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Property profile & analytics
OFF-MARKET
Manufacturing properties
1124 Main St Sultan, WA 98294-9480
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-3255074
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
1989
Construction
WOOD
Total area
4,256 SF
Lot
0.45 ac (19,602 SF)
Zoning code
V1
APN
767400000900
UPID
US90-3255074
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
Current use
Occupant on record · Public records
-
Huffman Welding LLC. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chad Huffman · 12 yrs held
Chad Huffman
since 2013
7 recorded transactions
Zoning & alternative use
V1 · Sultan, 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 Sultan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sultan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,849
Tax year 2023
Assessed value
$302,000
Assessed 2023
Previous assessed
$280,600
+7.6% YoY
Effective rate
0.94%
On assessed value
Assessed land
$156,600
Assessed improvement
$145,400
Land market value
$156,600
Improvement market value
$145,400
Total market value
$302,000
Applied tax rate
805.0000
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
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
4,256 SF
Lot
0.45 ac (19,602 SF)
Zoning code
V1
APN
767400000900
UPID
US90-3255074
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
V1 · Sultan, WAZoning V1 · permitted uses
V1 · Sultan, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Chad Huffman
Individual
Mailing address
1124 E MAIN ST, SULTAN, WA 98294-9480
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2013
$231,280
Chad Huffman
Union Bank NA
Special Warranty Deed
$139,000 · Boeing Employees Cu
Nov 17, 2011
$269,700
Bk Union
Trustee Corps
Trustees Deed
related
—
Jun 30, 2006
$425,000
Stephen V Greso
H Alexander Ents INC
Warranty Deed
$382,500 · Frontier Bank
Jun 27, 2006
—
H Alexander Ents INC
Alexanders Catalytic Converte
Quit Claim Deed
related
—
Sep 19, 2005
—
H Alexanders Ents INC
—
Trustees Deed
related
$433,735 · Coastal Community Bank
Aug 4, 2000
$198,950
Catalytic Converte Alexander's
Amour,barbara J
Grant Deed
$150,000 · Bank Of America
Apr 24, 1996
$154,500
William E Amour
Keppler,mcelrea C & Marilyn J
Grant Deed
$131,500 · Seller
Feb 1, 1990
$74,000
Mcelea C Keppler
Unknown
Grant Deed
—
—
—
William E Amour
—
Deed Of Trust
related
$132,000 · Beneficial Mortgage Co
—
—
William E Amour
—
Deed Of Trust
related
$100,000 · Individual
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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