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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office Spaces
17407 159th St 29, Brush Prairie, WA 98606-7241
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-0241043
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1962
Construction
WOOD
Total area
1,800 SF
Lot
1.03 ac (44,867 SF)
Zoning code
CR-2 : CLK
APN
204709-010
UPID
US90-0241043
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Steve Wilkerson · 1 yrs held
Steve Wilkerson
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$560,000
+27.7%
Neighborhood: shopping center
$500,000
+14.0%
Medical building
$485,000
+10.3%
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 Brush Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brush Prairie 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Change: +28% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$500,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$485,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Aug 6 2024)
Last sale anchor
$800k
Aug 6 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
$444 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,705
Tax year 2023
Assessed value
$305,400
Assessed 2023
Previous assessed
$305,400
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$144,353
Assessed improvement
$161,047
Land market value
$144,353
Improvement market value
$161,047
Total market value
$305,400
Applied tax rate
10,055.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1962
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
1,800 SF
Lot
1.03 ac (44,867 SF)
Zoning code
CR-2 : CLK
APN
204709-010
UPID
US90-0241043
Jurisdiction
CLARK
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Zoning CR-2 : CLK · permitted uses
CR-2 : CLK · Brush Prairie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brush Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$500,000
MEDICAL BUILDING
Est. value
$485,000
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1962
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Steve Wilkerson
Individual
Free & Clear · 1 yrs held
Mailing address
17407 NE 159TH ST, BRUSH PRAIRIE, WA 98606-7241
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
$800,000
Steve Wilkerson
Guinn Commercial LLC
Warranty Deed
—
Nov 6, 2012
$194,650
Guinn Commercial LLC
Bigelow,wayne & Sharon
Warranty Deed
—
Oct 18, 2010
$285,000
Wayne Bigelow
Vonallmen,douglas A
Warranty Deed
—
Mar 2, 2010
—
Douglas A Vonallmen
Vonallmen,douglas A
Quit Claim Deed
related
—
Sep 8, 2009
—
Douglas Vanallmen
Hervey-langley,jennifer L
Quit Claim Deed
related
—
Sep 3, 2009
$90,000
Douglas Vonallmen
Langley,david L
Quit Claim Deed
related
—
Aug 19, 2009
$120,000
Douglas Vonallmen
Bush-lange,carl & Nancy
Warranty Deed
—
Feb 9, 1999
$120,000
Douglas Vonallmen
Bush-lange,carl & Nancy M
Grant Deed
$120,000 · Seller
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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