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Property profile & analytics
OFF-MARKET
Estimated value
$8,470,000
Warehouses
1409 Puyallup St, Sumner, WA 98390-1635
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0045870
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
STEEL FRAME
Total area
65,261 SF
Lot
5.98 ac (260,489 SF)
Zoning code
M2
APN
420138005
UPID
US90-0045870
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
-
Golden State Foods Big Box & Wholesale Store Food Market
-
Quality Custom Distribution Warehouse & Storage
-
Martin Brower L.L.C/McDonald's Distribution Center Warehouse & Storage
-
Martin Brower Sumner Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.47M
Owner & transaction history
Lone Oak-sumner LLC · 7 yrs held
Lone Oak-sumner LLC
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$130 / 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
$115,175
Tax year 2024
Assessed value
$11,153,900
Assessed 2024
Previous assessed
$11,153,900
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$6,202,100
Assessed improvement
$4,951,800
Land market value
$6,202,100
Improvement market value
$4,951,800
Total market value
$11,153,900
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
1980
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Stories
1
Total area
65,261 SF
Lot
5.98 ac (260,489 SF)
Zoning code
M2
APN
420138005
UPID
US90-0045870
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
1980
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
5.98 ac
Current owner
From public records · entity-resolved
Lone Oak-sumner LLC
Entity
Mailing address
6250 N RIV RD STE #9000, ROSEMONT, IL 60018-4241
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2019
—
Lone Oak Sumner LLC
—
Grant Deed
related
$50,000,000 · Wells Fargo Bk
Nov 6, 2018
$9,000,000
Lone Oak-sumner LLC
Golden State Foods Corp
Warranty Deed
—
Dec 30, 2016
—
Golden State Foods Corp
—
Deed
related
—
Jul 23, 2010
—
Golden State Foods Corp
—
Deed Of Trust
related
$410,000,000 · Bank Of America
Jul 21, 2005
$14,300
City Of Sumner
Golden State Foods Corp
Warranty Deed
—
Mar 2, 2004
—
Golden State Foods Corp
—
Deed Of Trust
related
$195,000,000 · Suntrust Bank NA Trustee
—
—
Golden State Foods Corp
—
Deed Of Trust
related
$195,000 · Suntrust Bank NA
—
—
Golden State Foods Corp
—
Loan Modification
related
—
—
—
Golden State Foods Corp
—
Deed Of Trust
related
$55,000,000 · Suntrust Bank NA
—
—
Golden State Foods Corp
—
Deed Of Trust
related
—
—
—
Golden State Foods Corp
—
Deed Of Trust
related
$187,000 · Bankers Trust Co
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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