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Property profile & analytics
OFF-MARKET
Estimated value
$5,420,000
Warehouses
1302 Puyallup St Sumner, WA 98390-1604
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US90-1736477
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,740 SF
Lot
2.57 ac (111,949 SF)
Zoning code
M2
APN
420245012
UPID
US90-1736477
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
-
Cimco Sales & Marketing Advertising Agency Marketing & Advertising
-
G P Automotive Parts LLC Auto Parts Store
-
Fastenal Fulfillment Center Big Box & Wholesale Store
-
Investco L.L.C. Construction Company General Contractor
-
Tarragon Property Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.42M
Owner & transaction history
Fryar/puyallup LLC · 24 yrs held
Fryar/puyallup LLC
since 2001
7 recorded transactions
Zoning & alternative use
M2 · Sumner, 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 Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,090,000
6.5%
$7,465,000
7%
$6,935,000
Blend value · Realmo final
$5.42M
Range $4.88M – $5.96M · ±10%
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
$136 / SF
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
$74,418
Tax year 2024
Assessed value
$7,206,500
Assessed 2024
Previous assessed
$7,206,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$2,771,000
Assessed improvement
$4,435,500
Land market value
$2,771,000
Improvement market value
$4,435,500
Total market value
$7,206,500
Applied tax rate
117.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
39,740 SF
Lot
2.57 ac (111,949 SF)
Zoning code
M2
APN
420245012
UPID
US90-1736477
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Sumner, WA
Zoning M2 · permitted uses
M2 · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.57 ac
Current owner
From public records · entity-resolved
Fryar/puyallup LLC
Entity
Mailing address
1302 PUYALLUP ST, SUMNER, WA 98390-1604
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
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 26, 2021
—
Fryarjpuyallup LLC
—
Deed
related
$4,700,000 · Miscellaneous Ins Co
Dec 20, 2001
—
Fryar/puyallup LLC
Pacific Trustee Ltd
Grant Deed
related
$2,400,000 · Monumental Life Insurance
Feb 18, 1994
—
Pacific Trustee Ltd
Greenfield,rober
Grant Deed
related
—
Jul 25, 1989
$292,880
Pacific Trustee Ltd
Unknown
Grant Deed
—
—
—
Fryar Of Puyallup LLC
—
Deed Of Trust
related
$2,750,000 · Banner Bk
—
—
Fryarjpuyallup LLC
—
Deed Of Trust
related
$4,700,000 · Miscellaneous Ins Co
—
—
Pacific Trustee Ltd Trustee
—
Deed Of Trust
related
$190,000 · Us Bank
—
—
Pacific Trustee Ltd
—
Deed Of Trust
related
$1,526,282 · Us Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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