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Property profile & analytics
OFF-MARKET
Estimated value
$5,040,000
Assisted living facilities
1723 Bonney Ave Sumner, WA 98390-2129
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1670933
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Construction
WOOD FRAME
Total area
15,311 SF
Lot
0.87 ac (37,920 SF)
Zoning code
MDR
APN
9670000031
UPID
US90-1670933
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
-
Royal Life Centers at Puget Sound Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.04M
Owner & transaction history
Wa Sumner Realty LLC · 2 yrs held
Wa Sumner Realty LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
MDR · Sumner, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+153.9%
Commercial (general)
$6.6M
+136.1%
Neighborhood: shopping center
$6.5M
+134.9%
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
$5,040,000
ML approach
$5,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,055,000
Change: +154% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,560,000
Change: +136% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,525,000
Change: +135% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,465,000
Change: +133% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,625,000
Change: +103% · Conversion: Difficult
RETAIL STORES
$4,690,000
Change: +69% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,570,000
Change: +64% · Conversion: Difficult
Blend value · Realmo final
$5.04M
Range $4.54M – $5.54M · ±10% · vs last sale $5.04M (Jan 10 2024)
Last sale anchor
$5.04M
Jan 10 2024
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
$329 / 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
$13,526
Tax year 2024
Assessed value
$1,308,900
Assessed 2024
Previous assessed
$1,308,900
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$613,000
Assessed improvement
$695,900
Land market value
$613,000
Improvement market value
$695,900
Total market value
$1,308,900
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1976
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
15,311 SF
Lot
0.87 ac (37,920 SF)
Zoning code
MDR
APN
9670000031
UPID
US90-1670933
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MDR · Sumner, WA
Zoning MDR · permitted uses
MDR · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
INDUSTRIAL (GENERAL)
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$4.6M
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Wa Sumner Realty LLC
Entity
Mailing address
1590 S CONGRESS AVE, PALM SPRINGS, FL 33406-5957
Ownership since
2024
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
Jan 10, 2024
$5,040,000
Wa Sumner Realty LLC
Shield Investment Group INC
Warranty Deed
$250,000 · Popular Bank
Sep 15, 2020
—
Shield Investment Group INC
—
Deed
related
$3,200,000 · Ilona Shoichet
Sep 28, 2016
—
Shield Investment Group INC
—
Deed
related
$2,700,000 · Ilona Shoichet
Dec 5, 2014
$1,150,000
Shield Investment Group INC
Funes,eva
Grant Deed
—
Sep 22, 1999
—
Eva Funes
Grand Investment Co
Quit Claim Deed
related
—
—
—
Shield Investment Group INC
—
Deed Of Trust
related
$2,700,000 · Ilona Shoichet
—
—
Shield Investment Group INC
—
Deed Of Trust
related
$3,200,000 · Ilona Shoichet
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.
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