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Property profile & analytics
OFF-MARKET
Estimated value
$3,670,000
Motels
15506 Main E St, Sumner, WA 98390-2644
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0990904
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
WOOD FRAME
Total area
13,216 SF
Lot
0.78 ac (33,978 SF)
Zoning code
GC
APN
520197032
UPID
US90-0990904
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
-
Sumner Motor Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$3.67M
Owner & transaction history
B&p Lodging LLC · 5 yrs held
B&p Lodging LLC
since 2020
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
GC · Sumner, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+42.5%
Commercial (general)
$5.7M
+32.5%
Neighborhood: shopping center
$5.6M
+31.9%
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
Method
Estimation
Statistic approach
$3,915,000
ML approach
$3,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,270,000
Current use
RESTAURANT
$6,090,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,660,000
Change: +33% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,635,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,580,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,855,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$4,045,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,945,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$3.67M
Range $3.30M – $4.04M · ±10% · vs last sale $3.41M (Dec 30 2020)
Last sale anchor
$3.41M
Dec 30 2020
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
$278 / 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
$38,002
Tax year 2024
Assessed value
$3,679,500
Assessed 2024
Previous assessed
$3,679,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$725,400
Assessed improvement
$2,954,100
Land market value
$725,400
Improvement market value
$2,954,100
Total market value
$3,679,500
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
40
Total area
13,216 SF
Lot
0.78 ac (33,978 SF)
Zoning code
GC
APN
520197032
UPID
US90-0990904
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Sumner, WA
Zoning GC · permitted uses
GC · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.3M
RESTAURANT
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.9M
RETAIL STORES
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.9M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1990
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
40
Lot
0.78 ac
Current owner
From public records · entity-resolved
B&p Lodging LLC
Entity
Mailing address
15506 MAIN ST E, SUMNER, WA 98390-2644
Ownership since
2020
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
Aug 14, 2023
—
B&p Lodging LLC
—
Deed
related
$1,307,000 · Evergreen Business Capital
Aug 10, 2023
—
B&p Lodging LLC
—
Deed
related
$1,794,000 · East West Bank
Dec 30, 2020
$3,410,900
B&p Lodging LLC
Jp Puar LLC
Warranty Deed
$2,520,000 · Unibank
Jan 31, 2017
$3,150,000
Jp Puar LLC
Bassi Ents INC
Warranty Deed
$2,089,000 · Bank Of The Cascades
Jan 31, 2017
—
Bassi Ents INC
Shim Deana Y S C
Grant Deed
—
—
—
Bassi Enterprises INC
—
Deed Of Trust
related
$2,015,151 · City Bank
—
—
Bassi Enterprises INC
—
Deed Of Trust
related
$1,088,379 · City 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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