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Property profile & analytics
OFF-MARKET
Office Spaces
16401 64th E St Sumner, WA 98390-3072
Entity Owned
6-yr Hold
Property ID
US90-1237802
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1935
Construction
FRAME
Total area
1,584 SF
Lot
0.95 ac (41,382 SF)
Zoning code
LDR-4
APN
520194050
UPID
US90-1237802
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
-
Paige at Wild Wood Hair Company Hair Salon
-
Salon Six Four Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
16401 64th LLC · 6 yrs held
16401 64th LLC
since 2019
7 recorded transactions
Zoning & alternative use
LDR-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,711
Tax year 2024
Assessed value
$455,200
Assessed 2024
Previous assessed
$455,200
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$295,200
Assessed improvement
$160,000
Land market value
$295,200
Improvement market value
$160,000
Total market value
$455,200
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,584 SF
Lot
0.95 ac (41,382 SF)
Zoning code
LDR-4
APN
520194050
UPID
US90-1237802
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
LDR-4 · Sumner, WA
Zoning LDR-4 · permitted uses
LDR-4 · 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
1935
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
16401 64th LLC
Entity
Mailing address
16401 64TH ST E, SUMNER, WA 98390-3072
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2019
—
16401 64th LLC
Tyler Bort
Quit Claim Deed
related
—
Jan 30, 2018
$279,314
Tyler Bort
Arlp Securitiz Trust 2014-2
Grant Deed
$209,486 · Bay Equity
Mar 16, 2017
$201,840
Arlp,securitization Trust 2014-2
Sheriff Of Pierce County|newman,pamela M & Ronald
Trustees Deed
related
—
Jun 14, 2006
—
Ronald D Newman
—
Trustees Deed
related
$40,000 · Terry Shaw
May 4, 2005
$240,000
Ronald D Newman
Newman,robert S & Patricia A
Warranty Deed
related
$192,000 · Countrywide Bank
—
—
Robert S Newman
—
Deed Of Trust
related
$117,000 · Washington Mutual Fsb
—
—
Ronald D Newman
—
Deed Of Trust
related
$200,000 · Terry Shaw
—
—
Robert S Newman
—
Deed Of Trust
related
$75,585 · Barclaysamer Ind Ln
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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