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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Retail space
1512 Cole St Enumclaw, WA 98022-3016
Entity Owned
16-yr Hold
Free & Clear
Property ID
US90-0204328
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CB2
APN
236180-0225
UPID
US90-0204328
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
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
1512 Cole Street LLC · 16 yrs held
1512 Cole Street LLC
since 2010
6 recorded transactions
Zoning & alternative use
CB2 · Enumclaw, 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 Enumclaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enumclaw 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%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$218 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,860
Tax year 2022
Assessed value
$314,200
Assessed 2022
Previous assessed
$314,200
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$85,000
Assessed improvement
$229,200
Land market value
$85,000
Improvement market value
$229,200
Total market value
$314,200
Applied tax rate
1,175.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CB2
APN
236180-0225
UPID
US90-0204328
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB2 · Enumclaw, WA
Zoning CB2 · permitted uses
CB2 · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
1512 Cole Street LLC
Entity
Free & Clear · 16 yrs held
Mailing address
30723 337TH PL SE, RAVENSDALE, WA 98051-9018
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2010
—
1512 Cole Street LLC
Santamaria,john & Wendy
Quit Claim Deed
related
—
Feb 18, 2010
$160,600
John Santamaria
Howard,carrie J
Warranty Deed
—
Jan 12, 2001
$135,000
Thelbert L Howard
Arnett,jerry J & Donna L
Grant Deed
—
—
—
Jerry J Arnett
—
Deed Of Trust
related
$48,585 · Rainier National Bank
—
—
Jerry J Arnett
—
Deed Of Trust
related
$110,000 · Mt Rainier National Bank
—
—
Jerry J Arnett
—
Deed Of Trust
related
$87,218 · Mt Rainier National 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.
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