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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Medical Office Space
2155 Farman N St Enumclaw, WA 98022-9260
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-1159643
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Construction
WOOD
Total area
6,653 SF
Lot
1.82 ac (79,124 SF)
Zoning code
R-4
APN
192007-9118
UPID
US90-1159643
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
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$850k
Owner & transaction history
Carl Sanders · 1 yrs held
Carl Sanders
since 2024
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
R-4 · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-4 district is intended to encourage a more flexible use of the land by establishing areas within the community that are suitable for residential development of up to 15 units per acre and to increase the available housing choices
Zone name
Residential 4
General category
RESIDENTIAL
Zone area
149.00 ac
Source
Realmo
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 Enumclaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enumclaw 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Nov 1 2024)
Last sale anchor
$850k
Nov 1 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
$128 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,254
Tax year 2022
Assessed value
$1,056,400
Assessed 2022
Previous assessed
$1,056,400
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$712,100
Assessed improvement
$344,300
Land market value
$712,100
Improvement market value
$344,300
Total market value
$1,056,400
Applied tax rate
1,175.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
6,653 SF
Lot
1.82 ac (79,124 SF)
Zoning code
R-4
APN
192007-9118
UPID
US90-1159643
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-4 · Enumclaw, WAZoning R-4 · permitted uses
R-4 · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-4 district is intended to encourage a more flexible use of the land by establishing areas within the community that are suitable for residential development of up to 15 units per acre and to increase the available housing choices
Zone name
Residential 4
General category
RESIDENTIAL
Zone area
149.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Carl Sanders
Individual
Free & Clear · 1 yrs held
Mailing address
1432 LAKESIDE AVE S, SEATTLE, WA 98144-4026
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
Nov 1, 2024
$850,000
Carl Sanders
John P Mills
Warranty Deed
—
Jun 3, 2010
$997,625
John P Mills
Rainier Foreclosure Svcs
Trustees Deed
related
—
Jul 31, 2008
$795,000
Ward-mills LLC
Hansen,richard D & Karen M
Warranty Deed
$795,000 · John P & Judith E Mills
Nov 14, 2001
$900,000
Richard D Hansen
Reedy,r G & Mary L
Grant Deed
$607,500 · Columbia State Bank
Jun 6, 1988
$300,113
R Graham
Chinook Sports F
Trustees Deed
$600,200 · First Natl Enumc
—
—
Reedy R G
—
Deed Of Trust
related
$142,307 · Key Bank Of Washington
—
—
R Graham Reedy
—
Deed Of Trust
related
$135,000 · First National Bank
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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