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Property profile & analytics
OFF-MARKET
Office Spaces
262 3rd St Buckley, WA 98321-8805
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0034875
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1936
Construction
WOOD FRAME
Total area
1,880 SF
Lot
0.24 ac (10,500 SF)
Zoning code
CC
APN
2735000260
UPID
US90-0034875
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
-
Real Estate USA Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Keith A Lee · 2 yrs held
Keith A Lee
since 2024
Last sale
$270,000
5 recorded transactions
Zoning & alternative use
CC · Buckley, 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 Buckley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckley 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
—
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
$3,990
Tax year 2024
Assessed value
$436,000
Assessed 2024
Previous assessed
$436,000
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$179,900
Assessed improvement
$256,100
Land market value
$179,900
Improvement market value
$256,100
Total market value
$436,000
Applied tax rate
45.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1936
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
2
Total area
1,880 SF
Lot
0.24 ac (10,500 SF)
Zoning code
CC
APN
2735000260
UPID
US90-0034875
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Buckley, WA
Zoning CC · permitted uses
CC · Buckley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buckley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Keith A Lee
Individual
Free & Clear · 2 yrs held
Mailing address
14248 SE 270TH PL, KENT, WA 98042-8001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 18, 2024
—
Keith A Lee
Keith A Lee
Intrafamily Transfer
related
—
Jun 13, 2016
$270,000
Keith A Lee
Hornbuckle,jesse & Kathy
Warranty Deed
—
Dec 29, 2006
$273,000
Jesse Hornbuckle
Frasier,david A & Tawnya
Warranty Deed
$218,400 · Greenpoint Mortgage Funding
Aug 5, 2002
$160,000
David A Frasier
Langenegger,bethine L
Grant Deed
$128,000 · Sib Mortgage Corp
Jul 28, 1999
$150,000
Bethine L Langenegger
Appell,doris
Grant Deed
$148,773 · Emerald Mortgage Co
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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