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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Warehouses
14024 131st E St Orting, WA 98360-9812
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-0765201
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
9,690 SF
Lot
1.3 ac (56,454 SF)
Zoning code
RIC
APN
6025080050
UPID
US90-0765201
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
$1.82M
Comparable Approach
Comparable
$925k
Blend (final)
Blend
$1.39M
Owner & transaction history
6c Properties LLC · 9 yrs held
6c Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
RIC · Orting, 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 Orting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orting 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%
$1,970,000
6.5%
$1,820,000
7%
$1,690,000
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±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
$143 / 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
$16,196
Tax year 2024
Assessed value
$1,327,900
Assessed 2024
Previous assessed
$1,327,900
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$640,900
Assessed improvement
$687,000
Land market value
$640,900
Improvement market value
$687,000
Total market value
$1,327,900
Applied tax rate
355.0000
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
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
2008
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
9,690 SF
Lot
1.3 ac (56,454 SF)
Zoning code
RIC
APN
6025080050
UPID
US90-0765201
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RIC · Orting, WA
Zoning RIC · permitted uses
RIC · Orting, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orting. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
6c Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
14024 131ST ST E, ORTING, WA 98360-9812
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2016
$875,353
6c Properties LLC
M & S Investment Properties LLC
Warranty Deed
—
Sep 30, 2013
—
Tarlochan Singh
Sandhu,nampreet K
Quit Claim Deed
related
—
Sep 30, 2013
$652,000
M&s Investment Properties LLC
Tarlochan Singh
Warranty Deed
$528,000 · Us Bank NA
Oct 24, 2012
$490,063
Tarlochan Singh
Eisenhower & Carlson PLLC
Trustees Deed
$411,653 · Fairplay Funding
Jan 9, 2009
—
G H Miller LLC
Kooltek Transport Refrigeration INC
Quit Claim Deed
related
$1,135,900 · Temecula Valley Bank NA
Aug 20, 2007
$340,000
Kooltek Transport Refrigeratio
Mcmillin Land Holdings LLC
Warranty Deed
$910,000 · Excelsior Management Group
—
—
Kooltek Transport Refrigeratio
—
Deed Of Trust
related
$1,053,800 · Excelsior Management Group
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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