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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Outlet malls
23407 436th St Enumclaw, WA 98022-9067
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3360988
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1977
Construction
STEEL FRAME
Total area
8,482 SF
Lot
2.76 ac (120,226 SF)
Zoning code
NB
APN
222006-9031
UPID
US90-3360988
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
$1.54M
Owner & transaction history
Stevens Hay Sales LLC · 7 yrs held
Stevens Hay Sales LLC
since 2018
5 recorded transactions
Zoning & alternative use
NB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$181 / 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
$8,846
Tax year 2022
Assessed value
$907,200
Assessed 2022
Previous assessed
$907,200
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$601,100
Assessed improvement
$306,100
Land market value
$601,100
Improvement market value
$306,100
Total market value
$907,200
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
SPACE
Buildings
3
Stories
1
Total area
8,482 SF
Lot
2.76 ac (120,226 SF)
Zoning code
NB
APN
222006-9031
UPID
US90-3360988
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Enumclaw, WA
Zoning NB · permitted uses
NB · 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
1977
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
3
Lot
2.76 ac
Current owner
From public records · entity-resolved
Stevens Hay Sales LLC
Entity
Mailing address
5591 STATE HWY 28TH E, SOAP LAKE, WA 98851-9729
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2023
—
Ibtk Holdings LLC
—
Deed
related
$1,200,000 · River Bank
Dec 18, 2018
$725,000
Stevens Hay Sales LLC
Enumclaw Premier LLC
Warranty Deed
$500,000 · Us Bank NA
Sep 5, 2017
—
Enumclaw Premier LLC
—
Deed
related
$345,000 · Us Bk
May 18, 2004
$911,660
Enumclaw Premier LLC
Blake,tr
Grant Deed
$650,000 · Horizon Bank
—
—
Enumclaw Premier LLC
—
Deed Of Trust
related
$345,000 · Us Bk
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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