Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2110 Trosper Rd Sw Trlr, Unit 16 Tumwater, WA 98512-6756

    • Mobile home & RV parks
    • 432 SF
    • 13.89 lot acres
    OFF-MARKET
    Value Estimations
    $520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-0699291
    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.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 2110 Trosper Rd Sw Trlr

    Year built
    1960
    Construction
    WOOD FRAME
    Lot size
    13.89 lot acres
    Property size
    432 SF
    Property type
    Mobile home & RV parks
    APN
    1283-43-20000
    APU
    12834320000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $541,000
      Market price range: $71.5k - $542k

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

    Location Insight

    • Map
    • Local Demand
    City
    Tumwater
    County
    Thurston
    State
    Washington
    Longitude
    -122.928
    Latitude
    47.0018
    CBSA code
    36500
    CBSA name
    OLYMPIA, 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
    2023
    $22,895
    $1,557,800
    $619,700
    $2,177,500
    -
    $1,557,800
    $619,700
    $2,177,500

    Comparable in this City

    • Value Estimation
      $920,000
      1,200 SF

      3244 66th SW Ave

      MOBILE HOME PARK, TRAILER PARK • 1,200 SF
      3244 66th SW Ave, Olympia, WA 98512-7080
      View Details
    • Value Estimation by Request
      3.76 Acres

      2246 43rd SW Ln

      MOBILE HOME PARK, TRAILER PARK • 3.76 Acres
      2246 43rd SW Ln, Tumwater, WA 98512-8237
      View Details
    • Value Estimation
      $545,000
      1,938 SF

      5700 Black Lk SW Blvd

      MOBILE HOME PARK, TRAILER PARK • 1,938 SF
      5700 Black Lk SW Blvd, Olympia, WA 98512-2274
      View Details
    • Value Estimation
      $4,140,000
      3,100 SF

      1841 Trosper SW Rd

      MOBILE HOME PARK, TRAILER PARK • 3,100 SF
      1841 Trosper SW Rd, Tumwater, WA 98512-6979
      View Details
    • Value Estimation
      $770,000
      736 SF

      5615 Black Lk Belmore SW Rd

      MOBILE HOME PARK, TRAILER PARK • 736 SF
      5615 Black Lk Belmore SW Rd, Olympia, WA 98512-7055
      View Details
    • Value Estimation
      $790,000
      1,120 SF

      9900 Blomberg SW St

      MOBILE HOME PARK, TRAILER PARK • 1,120 SF
      9900 Blomberg SW St, Olympia, WA 98512-9176
      View Details

    Similar Nearby for Sale

    • $599,000

      Versatile Horse Property with Income

      Horse property with arena, barn, living quarters, and income potential.
      Case Rd, Olympia, WA 98512
      View Details
    • $109,900
      1,358 SF

      Spacious Home in 55+ Community

      Move-in ready 2 bed, 2 bath home in Tumwater.
      930 Trosper Rd SW, Tumwater, WA 98512
      View Details
    • $85,000
      672 SF

      Updated Home near Black Lake

      Move-in ready home with lake access and updated features.
      4045 49Th Ave SW, Olympia, WA 98512
      View Details
    • $825,000

      Multifamily Zoned Property in Tumwater

      Multifamily zoned property near I-5 with income potential.
      5012 Rural Rd, Tumwater, WA 98512
      View Details
    • $2,500,000
      267,894 SF

      Tumwater Hill Development Site

      60-unit townhome development site with approved entitlements in Tumwater, WA.
      2801 Barnes Blvd SW, Tumwater, WA 98512
      View Details
    • $409,900
      0.17 Acres

      Tumwater Duplex with City Views

      Well-maintained duplex on a corner lot with development potential.
      522 H St SW, Tumwater, WA 98512
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      10,000 SF

      Kimmie Street Office & Land

      Prime Thurston County Office Space, 2.4 Acres
      9300 Kimmie St, Olympia, WA 98512
      View Details
    • $20 SF/Yr
      3,200 SF

      Renovated Office Space Near I-5

      Recently renovated office space with flexible layout, minutes from I-5.
      1770 Barnes Blvd, Tumwater, WA 98512
      View Details
    • $0.85 SF/Yr
      4,359 SF

      Tumwater Warehouse Space Available

      Versatile warehouse space for storage, distribution, or light industrial use.
      5017 Joppa St SW, Tumwater, WA 98512
      View Details
    • $18 SF/Yr
      1,340 SF

      Retail Space in Tumwater, WA

      Retail space available for lease in Tumwater, Washington.
      5729 Littlerock Rd SW, Tumwater, WA 98512
      View Details
    • $3,500 /Mo

      Heavy Industrial Land For Lease

      7 acres of heavy industrial land with convenient highway access.
      2840 Black Lake Blvd SW, Tumwater, WA 98512
      View Details
    • $3,200 /Mo
      3,193 SF

      Office Space with Warehouse

      Office space with warehouse and showroom potential in Tumwater.
      2840 Crites St SW, Tumwater, WA 98512
      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.
    2110 Trosper Rd Sw Trlr, Unit 16
    Tumwater, WA 98512-6756
    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

    Google sign-in failed. Please try again or use another login method.