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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Commercial land
203 Rainier N Ave Eatonville, WA 98328-2507
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-1832959
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1927
Construction
WOOD FRAME
Total area
7,000 SF
Lot
0.57 ac (24,900 SF)
Zoning code
C1
APN
3605000420
UPID
US90-1832959
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Crestview Eatonville LLC · 20 yrs held
Crestview Eatonville LLC
since 2006
3 recorded transactions
Zoning & alternative use
C1 · Eatonville, 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 Eatonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatonville 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
$116 / 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
$2,128
Tax year 2024
Assessed value
$235,000
Assessed 2024
Previous assessed
$235,000
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$235,000
Land market value
$235,000
Total market value
$235,000
Applied tax rate
60.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1927
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Total area
7,000 SF
Lot
0.57 ac (24,900 SF)
Zoning code
C1
APN
3605000420
UPID
US90-1832959
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Eatonville, WA
Zoning C1 · permitted uses
C1 · Eatonville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eatonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1927
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Crestview Eatonville LLC
Entity
Mailing address
PO BOX 850, EATONVILLE, WA 98328-0850
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2006
$365,286
Crestview Eatonville LLC
Braithwaite,kay
Warranty Deed
$321,881 · Daniel & Elsie M Litzenberger
Dec 19, 2003
$399,000
Kay Braithwaite
Cyrus,kerry P
Grant Deed
$319,000 · Venture Bank
Jul 15, 1991
$250,000
Gerald G Skelly
Unknown
Grant Deed
$225,000 · 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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