New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Flex space
1563 Thornton SW Ave, Auburn, WA 98047-2149
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0443825
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2006
Construction
STEEL FRAME
Total area
7,600 SF
Lot
0.87 ac (38,000 SF)
Zoning code
LIGHT INDU
APN
4495400681
UPID
US90-0443825
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
-
Lifestyles Motorsports Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Married To The Metal Metal Fabrication Plant Factory
-
Booteechay Moto Motorcycle Shop
-
Lifestyles Auto Wholesale LLC Car Dealership
-
Radio Holster Solutions Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$1.01M
Owner & transaction history
Real Estate Holdings L Pacific · 21 yrs held
Real Estate Holdings L Pacific
since 2004
5 recorded transactions
Zoning & alternative use
LIGHT INDU · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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%
$1,275,000
6.5%
$1,175,000
7%
$1,090,000
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$132 / 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
$13,352
Tax year 2024
Assessed value
$1,209,000
Assessed 2024
Previous assessed
$1,209,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$823,800
Assessed improvement
$385,200
Land market value
$823,800
Improvement market value
$385,200
Total market value
$1,209,000
Applied tax rate
86.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
8
Bathrooms
1
Total area
7,600 SF
Lot
0.87 ac (38,000 SF)
Zoning code
LIGHT INDU
APN
4495400681
UPID
US90-0443825
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
LIGHT INDU · Auburn, WA
Zoning LIGHT INDU · permitted uses
LIGHT INDU · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
8
Bathrooms
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Real Estate Holdings L Pacific
Entity
Free & Clear · 21 yrs held
Mailing address
6122 ISAAC AVE SE APT C, AUBURN, WA 98092-8186
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2006
—
Pacific R/e Holdings LLC
—
Trustees Deed
related
$608,000 · Timberland Bank
Aug 4, 2004
—
Real Estate Holdings L Pacific
Stokes,daniel D
Quit Claim Deed
related
—
Jul 6, 2004
$170,500
Daniel D Stokes
Harrison,bernadine F
Grant Deed
$136,400 · Fieldstone Mortgage Co
Jun 8, 1993
$70,000
Bernadine F Hall
Unknown
Grant Deed
$63,000 · Directors Mortgage Loan Corp
—
—
Pacific R/e Holdings LLC
—
Deed Of Trust
related
$740,000 · Timberland 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1563 Thornton SW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
