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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
22736 Wax Orch SW Rd Vashon, WA 98070
Entity Owned
Free & Clear
Property ID
US90-1757173
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,920 SF
Lot
5.52 ac (240,451 SF)
Zoning code
RA5P
APN
132202-9055
UPID
US90-1757173
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Wax Orchard Farm LLC
Wax Orchard Farm LLC
since 2025
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
RA5P · Vashon, 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 Vashon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vashon 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
$540,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $500k (Sep 3 2021)
Last sale anchor
$500k
Sep 3 2021
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
$49 / 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
$13,037
Tax year 2022
Assessed value
$407,200
Assessed 2022
Previous assessed
$407,200
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$240,400
Assessed improvement
$166,800
Land market value
$240,400
Improvement market value
$166,800
Total market value
$407,200
Applied tax rate
4,045.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
4
Stories
1
Total area
10,920 SF
Lot
5.52 ac (240,451 SF)
Zoning code
RA5P
APN
132202-9055
UPID
US90-1757173
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RA5P · Vashon, WAZoning RA5P · permitted uses
RA5P · Vashon, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
1
Buildings
4
Lot
5.52 ac
Current owner
From public records · entity-resolved
Wax Orchard Farm LLC
Entity
Free & Clear · 0 yrs held
Mailing address
22744 WAX ORCH RD SW, VASHON, WA 98070-6916
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
Wax Orchard Farm LLC
Matthew Randall Williams
Quitclaim Deed
related
—
Jul 10, 2025
—
Matthew Randall Williams
Matthew Randall Williams
Deed
related
—
Apr 25, 2025
—
Matthew Randall Williams
Wax Orchard Farm LLC
Quitclaim Deed
related
—
Jul 26, 2024
—
Wax Orchard Farm LLC
Matthew Randall Williams
Quit Claim Deed
related
—
Sep 3, 2021
$500,000
Adrianne June Williams
Development Services Of America INC
Warranty Deed
—
Dec 26, 2007
$1,400,000
Development Svcs Of America INC
Sestrap,anna E
Warranty Deed
—
Mar 19, 2004
—
Sestrap,tr
Sestrap,robert Est
Quit Claim Deed
related
—
Dec 23, 2002
—
Anna L Swain
Sestrap,robert & Anna E
Quit Claim Deed
related
—
Aug 29, 2000
—
Anna L Swain
Sestrap,robert & Anna
Quit Claim Deed
related
—
Aug 9, 2000
—
Anna L Swain
Sestrap,robert & Anna E
Quit Claim Deed
related
—
Dec 28, 1999
—
Anna L Swain
Sestrap,robert & Anna F
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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