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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Auto shops
16805 64th E St Sumner, WA 98390-7001
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1309787
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Construction
STEEL FRAME
Total area
25,300 SF
Lot
78.1 ac (3,402,036 SF)
Zoning code
RP
APN
520203008
UPID
US90-1309787
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
-
Kelley Blocks LLC Building Supply
-
Corliss Resources, Inc. Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.60M
Owner & transaction history
Myers Road North LLC · 1 yrs held
Myers Road North LLC
since 2025
7 recorded transactions
Zoning & alternative use
RP · 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
$142 / 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
$125,593
Tax year 2024
Assessed value
$12,161,800
Assessed 2024
Previous assessed
$12,161,800
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$6,235,000
Assessed improvement
$5,926,800
Land market value
$6,235,000
Improvement market value
$5,926,800
Total market value
$12,161,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
RADIANT
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Units
1
Bathrooms
3
Total area
25,300 SF
Lot
78.1 ac (3,402,036 SF)
Zoning code
RP
APN
520203008
UPID
US90-1309787
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RP · Sumner, WA
Zoning RP · permitted uses
RP · 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
2000
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
7
Units
1
Bathrooms
3
Lot
78.1 ac
Current owner
From public records · entity-resolved
Myers Road North LLC
Entity
Mailing address
PO BOX 94176, SEATTLE, WA 98124-6476
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
—
Myers Road North LLC
Myers Road Central LLC
Warranty Deed
—
Jul 6, 2022
—
64th Street East LLC
Strawberry Creek North LLC
Warranty Deed
—
May 9, 2022
—
64th Street East LLC
Strawberry Creek West LLC
Warranty Deed
—
Mar 17, 2022
—
Corliss Resources LLC
64th Street East LLC
Ground Lease
related
—
Jul 10, 2020
—
64th Street East LLC
Strawberry Creek West LLC
Warranty Deed
—
May 6, 2020
—
Strawberry Creek North LLC
Gst Eric S C 2007 Trust
Warranty Deed
—
Apr 17, 2020
—
Myers Road North LLC
2007 Eric S Corliss Gst
Warranty Deed
related
—
Sep 27, 2019
$72,213
Corliss,eric S Gst 2007 Trust
Betty Corliss
Warranty Deed
related
—
Sep 19, 2019
—
Strawberry Creek West LLC
—
Grant Deed
related
$11,750,000 · Bank Of America
Sep 17, 2019
—
Corliss,eric S Gst 2007 Trust
Corliss,betty
Quitclaim Deed
related
—
Sep 11, 2019
—
Betty Corliss
Settlors Betty M C S Trust
Warranty Deed
related
—
Sep 4, 2019
—
Settlors,betty M C S Trust
Corliss Harry & Betty Trust
Warranty Deed
related
—
Aug 27, 2019
—
Corliss,harry & Betty Trust
Corliss Harry B
Quitclaim Deed
related
—
Aug 19, 2019
—
Corliss,harry & Betty Trust
American Concrete INC
Warranty Deed
—
Dec 20, 2016
—
Strawberry Creek West LLC
—
Deed
related
$10,000,000 · Jp Morgan Chase Bk
Sep 13, 2007
—
Strawberry Creek West LLC
Corliss,harry B & Betty M
Warranty Deed
—
—
—
Strawberry Creek West LLC
—
Deed Of Trust
related
$9,000,000 · Columbia State Bank
—
—
Strawberry Creek West LLC
—
Loan Modification
related
$10,000,000 · Jp Morgan Chase Bk
—
—
Harry B Corliss
—
Deed Of Trust
related
$205,000 · Columbia State Bank
—
—
Strawberry Creek West LLC
—
Deed Of Trust
related
$2,500,000 · Columbia State 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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