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Property profile & analytics
OFF-MARKET Estimated value $1,790,000
Retail space

16008 60th E St Sumner, WA 98390-3055

9,300 SF 1.59 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-0688937
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction WOOD FRAME
Total area 9,300 SF
Lot 1.59 ac (69,043 SF)
Zoning code GC
APN 520198006
UPID US90-0688937
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
  • Renewal Remodels & Additions - Sumner Kitchen and Home Remodel Specialists Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.29M
CAP Approach CAP
$1.24M
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.79M
Owner & transaction history
Hammerstrom LLC · 2 yrs held
Hammerstrom LLC
since 2023
Last sale
$1.8M
3 recorded transactions
2023
$1.8M
2022
Price N/A
2017
$1.0M
Zoning & alternative use
GC · Sumner, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

GC, general commercial district; 3. IC, interchange commercial district; B. The commercial districts are established to provide appropriately located areas for office uses, retail stores, service establishments, and wholesale businesses, offering commodities and services required by residents of the city and its surrounding market area. In addition to this p…

Zone name General Commercial
General category COMMERCIAL
Zone area 142.80 ac
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