Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2411 136th Ave E Ct Sumner, WA 98390-9100

    • Turn key restaurants
    • 650 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1042488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BigFoot Java / Coffee Shop / Cafe

    Property Details for 2411 136th Ave E Ct

    Year built
    2014
    Construction
    WOOD FRAME
    Lot size
    0.38 lot acres
    Property size
    650 SF
    Zone code
    IC
    Property type
    Turn key restaurants
    APN
    420127012
    APU
    420127012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $200,000
      Market price range: $61.6k - $201k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Pierce
    State
    Washington
    Longitude
    -122.248
    Latitude
    47.2352
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,681
    $489,100
    $156,900
    $646,000
    -
    $489,100
    $156,900
    $646,000

    Comparable in this City

    • Value Estimation
      $295,000
      4,545 SF

      15609 Main E St

      RESTAURANT • 4,545 SF
      15609 Main E St, Sumner, WA 98390-3044
      View Details
    • Value Estimation
      $345,000
      2,989 SF

      7060 Lakeland Hls SE Way

      RESTAURANT • 2,989 SF
      7060 Lakeland Hls SE Way, Sumner, WA 98390
      View Details
    • Value Estimation
      $255,000
      6,518 SF

      1014 Nn St

      RESTAURANT • 6,518 SF
      1014 Nn St, Sumner, WA 98390-1900
      View Details
    • Value Estimation
      $300,000
      3,500 SF

      2719 Vly E Hwy

      RESTAURANT • 3,500 SF
      2719 Vly E Hwy, Sumner, WA 98390-9510
      View Details
    • Value Estimation
      $540,000
      884 SF

      1012 Wood Ave

      RESTAURANT • 884 SF
      1012 Wood Ave, Sumner, WA 98390-1922
      View Details
    • Value Estimation
      $310,000
      2,464 SF

      13824 To 13704th Cannery Way

      RESTAURANT • 2,464 SF
      13824 To 13704th Cannery Way, Sumner, WA 98390
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Turnkey Restaurant Building For Sale

      2,400 SF free-standing, fully equipped restaurant with private parking.
      813 Academy St, Sumner, WA 98390
      View Details
    • Contact for pricing
      3 SF

      Historic Sumner Property with Drive-Thru

      1929 building with drive-thru, part of Sumner's history.
      1229 Main St, Sumner, WA 98390
      View Details
    • $2,000,000

      Sumner, WA Multi-Tenant Retail Complex

      High-yield, multi-tenant retail investment. Excellent location.
      16009 60Th St, Sumner, WA 98390
      View Details
    • $8,250,000
      37,395 SF

      Sumner Square Retail Investment Opportunity

      Fully leased retail property with development potential in Sumner, WA.
      15716-15720 Main St E, Sumner, WA 98390
      View Details
    • $699,000

      Sumner Redevelopment Site or Church

      Prime downtown Sumner redevelopment site or updated church for sale.
      611 Mckinnon Ave, Sumner, WA 98390
      View Details
    • $949,000
      2.18 Acres

      Sumner Commercial Land - $949K

      Prime 2.18-acre commercial lot near Hwy 410.
      16313 64Th St, Sumner, WA 98390
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      120,250 SF

      Sumner Retail Space For Lease

      Retail space available in Sumner with excellent location and visibility.
      16290 Auto Ln, Sumner, WA 98390
      View Details
    • Contact for pricing
      181,359 SF

      Sumner Retail Center: Prime Location

      Fred Meyer-anchored, high-traffic retail space.
      0 Sumner Wa, Sumner, WA 98390
      View Details
    • $29 SF/Yr
      629 SF

      Retail Space in Fred Meyer Center

      Retail space with frontage and exposure in Sumner, Washington.
      15007 Main St E, Sumner, WA 98390
      View Details
    • Contact for pricing
      1,102 SF

      Retail Space Near Sumner High

      Retail space anchored by Fred Meyer, Sumner location.
      1201 Valley Ave, Sumner, WA 98390
      View Details
    • $25 SF/Yr
      6,348 SF

      Downtown Sumner Corner Retail/Office

      Corner location in downtown Sumner with excellent visibility.
      921 Alder Ave, Sumner, WA 98390
      View Details
    • Contact for pricing
      25,777 SF

      Warehouse with Large Yard Space

      25,777 SF warehouse with yard, sublease opportunity.
      3480 W Valley Hwy E, Sumner, WA 98390
      View Details

    Property Visit Statistics

    • Visits by month
      10.2k
    • Visitors by month
      5.2k
    • Avg Time on site
      6 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2411 136th Ave E Ct
    Sumner, WA 98390-9100
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.