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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Warehouses
1710 Fryar Ave, Sumner, WA 98390-1513
Entity Owned
12-yr Hold
Free & Clear
Property ID
US90-0672655
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
STEEL FRAME
Total area
23,080 SF
Lot
1.51 ac (65,993 SF)
Zoning code
M1
APN
420242063
UPID
US90-0672655
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
-
Sumner Fitness Company, LLC Big Box & Wholesale Store
-
Machine Repair & Design Industrial Manufacturer
-
K & D Autowerks Auto Repair Shop
-
Infinity Coach Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Lewis Landmark LLC · 12 yrs held
Lewis Landmark LLC
since 2013
7 recorded transactions
Zoning & alternative use
M1 · 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
$117 / 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
$32,512
Tax year 2024
Assessed value
$3,147,800
Assessed 2024
Previous assessed
$3,147,800
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,673,900
Assessed improvement
$1,473,900
Land market value
$1,673,900
Improvement market value
$1,473,900
Total market value
$3,147,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Units
8
Total area
23,080 SF
Lot
1.51 ac (65,993 SF)
Zoning code
M1
APN
420242063
UPID
US90-0672655
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Sumner, WA
Zoning M1 · permitted uses
M1 · 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
2004
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
8
Lot
1.51 ac
Current owner
From public records · entity-resolved
Lewis Landmark LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1710 FRYAR AVE STE #105, SUMNER, WA 98390-1513
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Jul 30, 2021
—
The Lewis Landmark LLC
—
Deed
related
$2,075,000 · Alaska USA FCU
Oct 17, 2013
—
Lewis Landmark LLC
Lewis,robert R & Shirley L
Quit Claim Deed
related
—
Jun 2, 2004
—
Robert R Lewis
—
Trustees Deed
related
$1,260,000 · Mt Rainier National Bank
Aug 22, 2000
$307,137
Robert R Lewis
Robert E Fitterer LLC
Grant Deed
related
—
—
—
Lewis Landmark LLC
—
Loan Modification
related
—
—
—
Robert E Fitterer LLC
—
Deed Of Trust
related
$50,000 · Partners Mortgage
—
—
Robert E Fitterer LLC
—
Deed Of Trust
related
$125,000 · Puget Western INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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