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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Warehouses
15131 Caples Rd 2, Brush Prairie, WA 98606-9520
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0863172
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
TYPE NOT SPECIFIED
Total area
7,646 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CR-2 : CLK
APN
119052-000
UPID
US90-0863172
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
-
CivilWorks NW, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$1.11M
Owner & transaction history
Dln Investments LLC · 4 yrs held
Dln Investments LLC
since 2022
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+62.1%
Industrial (general)
$1.5M
+59.2%
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 Brush Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brush Prairie 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
$1,070,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$930,000
Current use
AUTO REPAIR, GARAGE
$1,510,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,480,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±10% · vs last sale $1.20M (Mar 1 2022)
Last sale anchor
$1.20M
Mar 1 2022
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
$145 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,321
Tax year 2023
Assessed value
$736,800
Assessed 2023
Previous assessed
$669,800
+10.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$340,978
Assessed improvement
$395,822
Land market value
$340,978
Improvement market value
$395,822
Total market value
$736,800
Applied tax rate
10,245.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
3
Total area
7,646 SF
Lot
1.14 ac (49,658 SF)
Zoning code
CR-2 : CLK
APN
119052-000
UPID
US90-0863172
Jurisdiction
CLARK
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Zoning CR-2 : CLK · permitted uses
CR-2 : CLK · Brush Prairie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brush Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
3
Lot
1.14 ac
Current owner
From public records · entity-resolved
Dln Investments LLC
Entity
Mailing address
18513 NE 78TH WAY, VANCOUVER, WA 98682-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$1,200,000
Dln Investments LLC
David Jones
Warranty Deed
$960,000 · Jpmorgan Chase Bank NA
May 29, 2019
$625,000
David Jones
Dalene D Knight
Warranty Deed
$654,000 · Pacific Western National Bank
Jun 26, 1992
$110,000
Dalene D Knight
Unknown
Grant Deed
—
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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