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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Warehouses
15200 Caples Rd 2, Brush Prairie, WA 98606-9839
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-3329195
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1952
Construction
WOOD
Total area
1,248 SF
Lot
0.94 ac (40,946 SF)
Zoning code
IH : CLK
APN
119010-000
UPID
US90-3329195
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
-
Ed's Economy Roofing, LLC Roofing Company General Contractor
-
Anderson plastic Warehouse & Storage
-
Altium Packaging Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.66M
Owner & transaction history
Altium Packaging LP · 3 yrs held
Altium Packaging LP
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
IH : CLK · Brush Prairie, 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 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
$2,500,000
ML approach
$2,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $2.80M (Aug 4 2022)
Last sale anchor
$2.80M
Aug 4 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
$2,131 / 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
$1,825
Tax year 2023
Assessed value
$198,198
Assessed 2023
Previous assessed
$180,180
+10.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$198,198
Land market value
$198,198
Total market value
$198,198
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,248 SF
Lot
0.94 ac (40,946 SF)
Zoning code
IH : CLK
APN
119010-000
UPID
US90-3329195
Jurisdiction
CLARK
Zoning & alternative use
IH : CLK · Brush Prairie, WA
Zoning IH : CLK · permitted uses
IH : 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.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Altium Packaging LP
Entity
Free & Clear · 3 yrs held
Mailing address
2500 WINDY RDG PKWY SE, ATLANTA, GA 30339-5677
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$2,800,000
Altium Packaging LP
Raa 2010 LLC
Warranty Deed
—
Sep 27, 2011
—
Raa 2010 LLC
—
Deed Of Trust
related
$2,200,000 · Rabo Agrifinance INC
Jun 30, 2010
$1,100,000
Raa 2010 LLC
Bpo LLC
Warranty Deed
$122,147 · Gladys Sinclair
Apr 2, 2010
—
Bpo LLC
Bpo LLC
Quit Claim Deed
related
—
Mar 7, 2007
$180,000
Bpo LLC
Hendrickson,kenneth A & Angela D
Warranty Deed
$144,000 · Kenneth A & Angela D Hendrickson
Aug 22, 2006
—
Kenneth A Hendrickson
Bpo LLC
Quit Claim Deed
related
—
Apr 20, 2004
$120,000
Robert C Warren
Gnann,david
Warranty Deed
—
Aug 28, 2002
$697,400
Bpo LLC
Centex Harvest States Corp
Grant Deed
$523,000 · Riverview Community Bank
Mar 20, 2002
$6,000
Robert L Bisconer
Rogers,howard E & Debra K
Grant Deed
—
Aug 20, 2001
$49,000
Casey W Witt
Cromwell Trust
Grant Deed
$39,000 · Cromwell Trust
Feb 7, 2000
—
Sandra R Scott
Center,monty
Quit Claim Deed
related
—
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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