11608 149th St 6 Brush Prairie, WA 98606-5902
Individually Owned
32-yr Hold
Free & Clear
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID
US90-1190591
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
CONCRETE
Total area
21,936 SF
Lot
9.7 ac (422,532 SF)
Zoning code
PF : CLK
APN
196886-000
UPID
US90-1190591
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
since 1994
2 recorded transactions
Zoning & alternative use
PF : CLK · Brush Prairie, WA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$295k
Value range
$266k – $325k
±10% around blend
Estimated value / SF
$13 / SF
Confidence
None
1 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
10
$266k
blend $295k
$325k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,936 SF
Lot area
9.7 ac
Year built
1973
Stories
1
APN
196886-000
Assessed value
$2,189,919
Annual tax
$3,034
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.55M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.76M
@ 6.5% CAP return
$2.55M
@ 7% CAP return
$2.37M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$295k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 49 sales
$194
-93%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $13/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.19M
Move the market yield to see immediate price impact.
Value / SF
$100
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$138k
$2.76M
$1.97M
$1.53M
$153k
$3.07M
$2.19M
$1.70M
$169k
$3.37M
$2.41M
$1.87M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,034
Tax year 2023
Assessed value
$2,189,919
Assessed 2023
Previous assessed
$1,990,835
+10.0% YoY
Effective rate
0.14%
On assessed value
Assessed land
$1,491,628
Assessed improvement
$698,291
Land market value
$1,491,628
Improvement market value
$698,291
Total market value
$2,189,919
Applied tax rate
10,245.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
SPACE
Buildings
4
Stories
1
Total area
21,936 SF
Lot
9.7 ac (422,532 SF)
Zoning code
PF : CLK
APN
196886-000
UPID
US90-1190591
Jurisdiction
CLARK
Zoning & alternative use
PF : CLK · Brush Prairie, WAZoning PF : CLK · permitted uses
PF : CLK · Brush Prairie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
4
Lot
9.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PF : CLK
Jurisdiction
Brush Prairie, WA
Recorded code
PF : CLK
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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