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Property profile & analytics
OFF-MARKET
Estimated value
$7,005,000
Warehouses
1402 Puyallup St Sumner, WA 98390-1634
Entity Owned
7-yr Hold
Free & Clear
Property ID
US90-1252159
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
50,432 SF
Lot
4.59 ac (200,028 SF)
Zoning code
M2
APN
420245031
UPID
US90-1252159
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
-
Ace Relocation Systems, Inc. - Atlas Van Lines Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.01M
Owner & transaction history
Fr 1402 Puyallup LLC · 7 yrs held
Fr 1402 Puyallup LLC
since 2018
5 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%
$10,265,000
6.5%
$9,475,000
7%
$8,800,000
Blend value · Realmo final
$7.01M
Range $6.30M – $7.71M · ±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
$139 / 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
$97,248
Tax year 2024
Assessed value
$9,417,700
Assessed 2024
Previous assessed
$9,417,700
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$4,820,400
Assessed improvement
$4,597,300
Land market value
$4,820,400
Improvement market value
$4,597,300
Total market value
$9,417,700
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
50,432 SF
Lot
4.59 ac (200,028 SF)
Zoning code
M2
APN
420245031
UPID
US90-1252159
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
4.59 ac
Current owner
From public records · entity-resolved
Fr 1402 Puyallup LLC
Entity
Free & Clear · 7 yrs held
Mailing address
898 N PACIFIC COAST HWY STE #175, EL SEGUNDO, CA 90245-2741
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2018
$8,079,000
Fr 1402 Puyallup LLC
Bevegni Family LLC
Grant Deed
—
Dec 10, 1996
—
Pacific Trustee Ltd Trustee
—
Grant Deed
related
$2,300,000 · Us Bank Of Washington
Jul 25, 1989
$753,120
Pacific Trustee Ltd
Unknown
Grant Deed
—
—
—
Pacific Trustee Ltd
—
Deed Of Trust
related
$500,000 · Us Bank Of Washington
—
—
Bevegini Family LLC
—
Deed Of Trust
related
$700,000 · Columbia State 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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