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Property profile & analytics
FOR SALE
Warehouses
22712 436Th St Enumclaw, WA 98022
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1753410
No photos on file
For Sale
$1,975,000
22712 436Th St, Enumclaw, WA 98022
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
FRAME
Total area
15,424 SF
Lot
6.23 ac (271,379 SF)
Zoning code
A35
APN
212006-9039
UPID
US90-1753410
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
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.36M
Owner & transaction history
Eric Brandjes · 5 yrs held
Eric Brandjes
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
A35 · Enumclaw, 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 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
$1,425,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.36M
Range $1.22M – $1.49M · ±10% · vs last sale $1.25M (Sep 17 2020)
Last sale anchor
$1.25M
Sep 17 2020
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
$88 / 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
$21,443
Tax year 2024
Assessed value
$1,360,100
Assessed 2023
Previous assessed
$1,360,100
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$135,600
Assessed improvement
$1,224,500
Land market value
$135,600
Improvement market value
$1,224,500
Total market value
$1,360,100
Applied tax rate
3,550.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Buildings
11
Stories
1
Total area
15,424 SF
Lot
6.23 ac (271,379 SF)
Zoning code
A35
APN
212006-9039
UPID
US90-1753410
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
A35 · Enumclaw, WA
Zoning A35 · permitted uses
A35 · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
11
Lot
6.23 ac
Current owner
From public records · entity-resolved
Eric Brandjes
Individual
Mailing address
39003 254TH AVE SE, ENUMCLAW, WA 98022-8851
Ownership since
2020
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
Mar 29, 2024
—
Eric Brandjes
—
Deed
related
$787,231 · Intrust Funding LLC
Sep 10, 2021
—
Eric Brandjes
—
Deed
related
$550,000 · Ndetail Capital LLC
Aug 18, 2021
—
Eric Brandjes
—
Deed
related
$550,000 · Ndetail Capital LLC
Sep 17, 2020
$1,250,000
Eric Brandjes
Ron P Mariotti
Grant Deed
$1,000,000 · Ronald Mariotti
Apr 12, 2019
—
Samuel Haleva
Rs & T Enumclaw LLC
Quit Claim Deed
related
—
Aug 17, 2012
—
Rs & T Enumclaw LLC
Haleva,samuel & Ruth
Quit Claim Deed
related
—
Aug 8, 1996
—
Samuel Haleva
Enumclaw Sales Pavillion INC
Quit Claim Deed
related
—
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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