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Property profile & analytics
FOR LEASE
Warehouses
16290 Auto Ln B, Sumner, WA 98390
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1783821
$30 SF/Yr
16290 Auto Ln,Unit B, Sumner, WA 98390
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Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
62,965 SF
Lot
4.51 ac (196,456 SF)
Zoning code
IC
APN
520301039
UPID
US90-1783821
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
DaVita Lake Tapps Dialysis Medical Clinic
-
Best Storage NW Storage Facility
-
DaVita Lake Tapps Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.55M
Blend (final)
Blend
$5.03M
Owner & transaction history
Hebert Brothers Best Storage Nw LLC · 6 yrs held
Hebert Brothers Best Storage Nw LLC
since 2019
7 recorded transactions
Zoning & alternative use
IC · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.03M
Range $4.53M – $5.53M · ±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
$80 / 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
$181,163
Tax year 2024
Assessed value
$17,545,100
Assessed 2024
Previous assessed
$17,545,100
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$3,439,700
Assessed improvement
$14,105,400
Land market value
$3,439,700
Improvement market value
$14,105,400
Total market value
$17,545,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
10
Stories
4
Total area
62,965 SF
Lot
4.51 ac (196,456 SF)
Zoning code
IC
APN
520301039
UPID
US90-1783821
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
IC · Sumner, WA
Zoning IC · permitted uses
IC · 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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
10
Lot
4.51 ac
Current owner
From public records · entity-resolved
Hebert Brothers Best Storage Nw LLC
Entity
Mailing address
PO BOX 7707, BONNEY LAKE, WA 98391-0967
Ownership since
2019
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
Oct 28, 2019
—
Hebert Brothers Best Storage Nw LLC
—
Deed
related
$10,356,000 · Kitsap Bank
Sep 6, 2019
—
Hebert Brothers Best Storage Nw LLC
R And S Hebert Sumner LLC
Quit Claim Deed
related
$10,356,000 · Kitsap Bank
Nov 30, 2016
$1,068,719
R & S Hebert Sumner LLC
Yorder Sparling LLC
Warranty Deed
$694,850 · Heritage Bank
Jul 29, 2009
—
Yoder Of Sparling LLC
—
Deed Of Trust
related
$12,000,000 · Key Bank NA
Nov 14, 2003
$800,000
Yoder/sprling LLC
Mosby,paul P
Grant Deed
$800,000 · Cecil Joyce Vasn Horn
Jul 19, 1999
—
Paul P Mosby
—
Grant Deed
related
$1,900,000 · Olympic Bank
—
—
Paul Mosby
—
Deed Of Trust
related
$700,000 · Olympic 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
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