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Property profile & analytics
OFF-MARKET
Warehouses
11851 Rd 11th SW, Royal City, WA 99357
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1455381
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
2,750 SF
Lot
160.84 ac (7,006,190 SF)
APN
210447000
UPID
US90-1455381
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mb Brown Farms 3 LLC · 1 yrs held
Mb Brown Farms 3 LLC
since 2025
7 recorded transactions
Zoning & alternative use
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 Royal City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royal City 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
Property tax & assessments
Assessed value
$1,896,218
Assessed 2023
Previous assessed
$694,725
+172.9% YoY
Assessed land
$1,436,048
Assessed improvement
$460,170
Land market value
$1,436,048
Improvement market value
$460,170
Total market value
$1,896,218
Applied tax rate
160.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Total area
2,750 SF
Lot
160.84 ac (7,006,190 SF)
APN
210447000
UPID
US90-1455381
Jurisdiction
GRANT
Zoning & alternative use
Zoning · permitted uses
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
1996
Heating
NONE
Lot
160.84 ac
Current owner
From public records · entity-resolved
Mb Brown Farms 3 LLC
Entity
Mailing address
12088 RD 11TH SW, ROYAL CITY, WA 99357-9508
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Mb Brown Farms 3 LLC
Michael B Brown
Deed
related
—
Dec 30, 2020
—
B & G Farms INC
—
Deed
related
$58,000,000 · Prudential Insurance Of America
Nov 5, 2015
—
Michael B Brown
Brown,margie A
Quit Claim Deed
related
—
Feb 26, 2013
—
B & G Farms INC
—
Deed Of Trust
related
$3,474,865 · Chs INC
Jul 19, 2011
—
Michael B Brown
—
Deed Of Trust
related
$4,309,248 · Chs INC
Apr 12, 2011
—
B & G Farms INC
—
Deed Of Trust
related
$4,700,000 · Chs INC
Mar 20, 1989
$156,000
B & G Farms INC
Owner Name Unavailable
Warranty Deed
related
—
—
—
Michael B Brown
—
Deed Of Trust
related
$7,000,000 · Chs Cap LLC
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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