Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16290 Auto Ln, Unit B Sumner, WA 98390
    Back to Search
    Property profile & analytics

    16290 Auto Ln, Unit B Sumner, WA 98390

    View on Map
    • Warehouses
    • 62,965 SF
    • 4.51 lot acres
    For Lease
    $30 SF/Yr
    View Listing →
    Sumner Retail Space For Lease For Lease
    $30 SF/Yr
    120,250 SF

    Sumner Retail Space For Lease

    Retail space available in Sumner with excellent location and visibility.

    16290 Auto Lane, Suite B, Sumner, WA 98390
    View Listing
    Property ID
    US90-1783821
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Car Rental Facility
    • DaVita Lake Tapps Dialysis / Medical Clinic
    • Best Storage NW / Storage Facility
    • DaVita Lake Tapps / Physician

    Property Details for 16290 Auto Ln

    Year built
    2020
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.51 lot acres
    Property size
    62,965 SF
    Zone code
    IC
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    520301039
    APU
    520301039

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,551,000
      Market price range: $411k - $7.03M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Pierce
    State
    Washington
    Longitude
    -122.214
    Latitude
    47.1959
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $181,163
    $3,439,700
    $14,105,400
    $17,545,100
    -
    $3,439,700
    $14,105,400
    $17,545,100

    Comparable in this City

    • Value Estimation by Request
      2.39 Acres

      1402 Vly E Hwy

      MINI-WAREHOUSE, STORAGE • 2.39 Acres
      1402 Vly E Hwy, Sumner, WA 98390-9575
      View Details
    • Value Estimation
      $935,000
      10,000 SF

      28004 Sr 410th E

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      28004 Sr 410th E, Sumner, WA 98390
      View Details
    • Value Estimation
      $600,000
      4,800 SF

      1402 Vly E Hwy

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      1402 Vly E Hwy, Sumner, WA 98390-9575
      View Details
    • Value Estimation by Request
      960 SF

      1526 Vly E Ave

      MINI-WAREHOUSE, STORAGE • 960 SF
      1526 Vly E Ave, Sumner, WA 98390
      View Details
    • Value Estimation
      $580,000
      5,000 SF

      1402 Vly E Hwy

      MINI-WAREHOUSE, STORAGE • 5,000 SF
      1402 Vly E Hwy, Sumner, WA 98390-9575
      View Details
    • Value Estimation by Request
      2,400 SF

      13726 16th E St

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      13726 16th E St, Sumner, WA 98390-9609
      View Details

    Similar Nearby for Sale

    • $3,300,000
      7,339 SF

      Sumner Industrial Property For Sale

      Two-building industrial property in Sumner, WA, with leaseback options.
      1504 Fryar Ave, Sumner, WA 98390
      View Details
    • $38,200,000

      Sumner Warehouse/Manufacturing Facility For Sale

      159,250 SF warehouse/manufacturing facility with convenient access to SR-167.
      1607 136Th Ave E, Sumner, WA 98390
      View Details
    • Contact for pricing
      72,450 SF

      Sumner Warehouse Space Available

      72,450 SF warehouse/industrial space for lease in Sumner, WA.
      1615 Puyallup St, Sumner, WA 98390
      View Details
    • Contact for pricing

      Sumner Warehouse Space Available

      20,000 SF dry storage space for sublease in Sumner.
      14513 32Nd St E, Sumner, WA 98390
      View Details
    • Contact for pricing

      77,500 SF Industrial Building

      100% leased industrial building in Sumner, Washington.
      1515 Puyallup St, Sumner, WA 98390
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      103,191 SF

      Sumner Warehouse with Dock Doors

      103,191 SF warehouse featuring 25 dock-high doors.
      14000 24Th St E, Sumner, WA 98390
      View Details
    • $0.70 SF/Yr

      Sumner Warehouse with SR 167 Access

      101,559 SF warehouse with immediate access to SR 167.
      14000 24Th St E, Sumner, WA 98390
      View Details
    • Contact for pricing
      8,200 SF

      Sumner Warehouse Space Available

      8,200 SF warehouse space for lease in Sumner, WA.
      2920 142Nd Avenue Ct East, Sumner, WA 98390
      View Details
    • Contact for pricing
      25,000 SF

      Sumner Warehouse Space Available

      25,000 square foot warehouse space for lease in Sumner.
      4301 W Valley Hwy E, Sumner, WA 98390
      View Details
    • Contact for pricing
      92,000 SF

      Sumner Warehouse Space Available

      56,700 SF warehouse space for lease in Sumner, WA.
      3901 150Th Avenue Ct E, Sumner, WA 98390
      View Details
    • $0.76 SF/Yr
      175,000 SF

      New Class A Industrial Space

      New industrial development with excellent access to major routes.
      14545 Steward Rd Southeast, Sumner, WA 98390
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16290 Auto Ln, Unit B
    Sumner, WA 98390
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16290 Auto Ln, Sumner, WA, 98390
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!