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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Auto shops
2400 Milton Way Milton, WA 98354-9373
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0079865
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,580 SF
Lot
0.35 ac (15,214 SF)
Zoning code
B
APN
420045008
UPID
US90-0079865
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
Current use
Occupant on record · Public records
-
Sudstar Car Wash Car Wash
-
Elephant Car Wash Car Wash
-
Rawson Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Ecw Holdings LLC · 4 yrs held
Ecw Holdings LLC
since 2021
Last sale
$674,000
7 recorded transactions
Zoning & alternative use
B · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Business districts are intended to provide goods and services in support of the citys residential population. Due to the relative scarcity of appropriate areas for business development
Zone name
Business District
General category
COMMERCIAL
Zone area
197.30 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$1.1M
+16.0%
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$750,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$950,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,100,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: -10% · Conversion: Moderate
RETAIL STORES
$790,000
Change: -17% · Conversion: Difficult
WAREHOUSE, STORAGE
$770,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $674k (Dec 22 2021)
Last sale anchor
$674k
Dec 22 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
$279 / 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
$6,761
Tax year 2024
Assessed value
$676,200
Assessed 2024
Previous assessed
$676,200
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$346,500
Assessed improvement
$329,700
Land market value
$346,500
Improvement market value
$329,700
Total market value
$676,200
Applied tax rate
79.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
2,580 SF
Lot
0.35 ac (15,214 SF)
Zoning code
B
APN
420045008
UPID
US90-0079865
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
B · Milton, WAZoning B · permitted uses
B · Milton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Business districts are intended to provide goods and services in support of the citys residential population. Due to the relative scarcity of appropriate areas for business development
Zone name
Business District
General category
COMMERCIAL
Zone area
197.30 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$860,000
RETAIL STORES
Est. value
$790,000
WAREHOUSE, STORAGE
Est. value
$770,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Ecw Holdings LLC
Entity
Mailing address
PO BOX 2009, AUBURN, WA 98071-2009
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
$674,000
Ecw Holdings LLC
B&b Carwash LLC
Warranty Deed
$667,200 · Kitsap Bank
May 15, 2020
—
B & B Carwash LLC
—
Deed
related
$1,695,000 · Sound Cu
Oct 23, 2019
—
B & B Carwash LLC
—
Deed
related
$150,000 · Columbia St Bk
Aug 15, 2017
—
B & B Carwash LLC
—
Deed
related
$937,500 · Columbia St Bk
Sep 30, 2013
$218,000
B & B Carwash LLC
Thomson Richard D Trust
Warranty Deed
$104,000 · Dane R Deforest 401 (k) Plan 2
Dec 10, 2009
—
Thomson Richard D Trust
—
Deed Of Trust
related
$1,353,940 · Frontier Bank
Jan 29, 2009
—
Thomson Richard D Trust
Thomson Richard D Trust
Quit Claim Deed
related
—
Jun 9, 2008
—
Thomson Richard D Trust
Thomson R & K Living Trust
Quit Claim Deed
related
—
Dec 5, 2006
$171,950
Cathie Triplett
Lakeside Townhomes LLC
Warranty Deed
$171,950 · Family Home Mortgage Corp
Nov 18, 1988
$99,500
Richard D Thomson
Unknown
Grant Deed
—
—
—
B & B Carwash LLC
—
Deed Of Trust
related
$239,132 · Axis Cap INC
—
—
Richard Thomson
—
Deed Of Trust
related
$150,000 · Puyallup Valley Bank
—
—
B & B Carwash LLC
—
Loan Modification
related
$150,000 · Columbia St Bk
—
—
B & B Carwash LLC
—
Deed Of Trust
related
$640,000 · Columbia St Bk
—
—
B & B Carwash LLC
—
Loan Modification
related
$937,500 · Columbia St Bk
—
—
B & B Carwash LLC
—
Deed Of Trust
related
$1,695,000 · Sound Cu
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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