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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Warehouses
15807 124th St E Ct Sumner, WA 98390
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-2673551
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Construction
WOOD FRAME
Total area
4,996 SF
Lot
54 ac (2,352,240 SF)
Zoning code
R10
APN
519074018
UPID
US90-2673551
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
$490k
CAP Approach
CAP
$940k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Troutlodge INC · 9 yrs held
Troutlodge INC
since 2017
7 recorded transactions
Zoning & alternative use
R10 · Sumner, 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 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
by Request
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
$1,015,000
6.5%
$940,000
7%
$870,000
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$156 / 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
$23,104
Tax year 2024
Assessed value
$917,300
Assessed 2024
Previous assessed
$917,300
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$782,900
Assessed improvement
$134,400
Land market value
$782,900
Improvement market value
$134,400
Total market value
$917,300
Applied tax rate
378.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
1
Total area
4,996 SF
Lot
54 ac (2,352,240 SF)
Zoning code
R10
APN
519074018
UPID
US90-2673551
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R10 · Sumner, WA
Zoning R10 · permitted uses
R10 · 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.
Building & site characteristics
From public records
Year built
1947
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
54 ac
Current owner
From public records · entity-resolved
Troutlodge INC
Entity
Mailing address
PO BOX 1290, SUMNER, WA 98390-0260
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2017
—
Troutlodge INC
Troutlodge Real Estate LLC
Quit Claim Deed
related
—
Feb 13, 2017
—
Troutlodge INC
Troutlodge Real Estate LLC
Quit Claim Deed
—
Jan 6, 2012
—
Troutlodge Real Estate LLC
—
Deed Of Trust
related
$4,300,000 · Bank Of America
May 2, 2006
—
Troutlodge Real Estate LLC
Troutlodge INC
Quit Claim Deed
—
—
—
Troutlodge Real Estate LLC
—
Loan Modification
related
$8,100,000 · Bank Of The West
—
—
Troutlodge Real Estate LLC
—
Deed Of Trust
related
$4,750,000 · Bank Of America
—
—
Troutlodge Real Estate LLC
—
Deed Of Trust
related
$5,100,000 · Bank Of The West
—
—
Troutlodge INC
—
Deed Of Trust
related
$5,000 · Bank Of America
—
—
Troutlodge INC
—
Deed Of Trust
related
$300,000 · Janis M Peters
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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