Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1855 Day Is Blvd Wb-8, WA

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1855 Day Is Blvd Wb-8, WA

    View on Map
    • Automotive properties
    • 640 SF
    Off-Market
    Property ID
    US90-1156894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 1855 Day Is Blvd

    Year built
    1975
    Construction
    WOOD FRAME
    Property size
    640 SF
    Property type
    Automotive properties
    APN
    8888874750
    APU
    8888874750

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wb-8
    County
    Pierce
    State
    Washington
    Longitude
    -122.561
    Latitude
    47.2436
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $116
    $0.00
    $10,100
    $10,100
    -
    $0.00
    $10,100
    $10,100

    Comparable in this City

    • Value Estimation by Request
      450 SF

      2120 91st Ave

      VEHICLE SALES, RENTALS • 450 SF
      2120 91st Ave, Wa-11, WA
      View Details
    • Value Estimation by Request
      1,026 SF

      5603 N

      VEHICLE SALES, RENTALS • 1,026 SF
      5603 N, Waterfront Dra-24, WA
      View Details
    • Value Estimation by Request
      918 SF

      5401 N

      VEHICLE SALES, RENTALS • 918 SF
      5401 N, Waterfront Drd-405, WA
      View Details
    • Value Estimation by Request
      950 SF

      2120 91st Ave

      VEHICLE SALES, RENTALS • 950 SF
      2120 91st Ave, Wf-4, WA
      View Details
    • Value Estimation by Request
      800 SF

      2120 91st Ave

      VEHICLE SALES, RENTALS • 800 SF
      2120 91st Ave, Wa-14, WA
      View Details
    • Value Estimation by Request
      714 SF

      5401 N

      VEHICLE SALES, RENTALS • 714 SF
      5401 N, Waterfront Drc-322, WA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,068 SF

      Self-Sufficient Mountain Resort Opportunity

      Resort with multiple income streams near Yakima and Seattle.
      8590 Hwy 410, Naches, WA
      View Details
    • Contact for pricing
      6,925 SF

      Gas Station & Convenience Store

      Gas station with convenience store, self-storage, and post office.
      17490 W Shelton-Matlock Rd, Matlock, WA
      View Details
    • $1,200,000

      Prime Commercial Property on Park

      Commercial property with patio, bar, kitchen, and parking.
      351 Park Ave N, Renton, WA
      View Details
    • Contact for pricing
      8,280 SF

      Retail Space with Planned Renovations

      Retail space for rent with upcoming improvements.
      21 N Skipworth Rd, Spokane Valley, WA
      View Details
    • $749,000

      Chinook Commercial Property For Sale

      Commercial property with building and manufactured home near the beach.
      780 S 101, Chinook, WA
      View Details
    • $2,200,000

      Profitable Spokane Valley Bar & Grill

      Turnkey bar and grill with real estate included.
      Address Not Disclosed, Spokane Valley, WA
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      2,500 SF

      Retail Property on State Route

      Commercial property on State Route 3 in Belfair, WA.
      23771 NE Wa 3, Belfair, WA
      View Details
    • Contact for pricing
      16,476 SF

      Downtown Spokane Retail Space Available

      Prime retail space with parking in central Spokane location.
      511 W Main St, Spokane, WA
      View Details
    • Contact for pricing

      Automotive Business & Real Estate

      Automotive business and real estate for sale in prime location.
      823 SW 148 St, Burien, WA
      View Details
    • Contact for pricing
      18,000 SF

      Fenced Parking/Equipment Yard Available

      18000 SF fenced parking or equipment yard for rent.
      107 N Park Rd, Spokane Valley, WA
      View Details
    • Contact for pricing

      Remodeled Retail Suite Available

      Retail suite available in remodeled Lewis County Mall.
      151 Hampe Rd NE, Chehalis, WA
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in Burien, WA

      Retail space available for lease in Burien, Washington.
      540 SW 152 St, Burien, WA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1855 Day Is Blvd
    Wb-8, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1855 Day Is Blvd, Wb-8, WA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!