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Property profile & analytics
OFF-MARKET
Office Spaces
28215 112th E St Buckley, WA 98321-9264
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0586925
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1969
Construction
WOOD FRAME
Total area
1,832 SF
Lot
2.21 ac (96,268 SF)
Zoning code
NMU
APN
619043012
UPID
US90-0586925
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
-
Highmark Concrete Contractors Llc Construction Company General Contractor
-
Senior Housing Specialists Association / Organization Real Estate Agent
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
Jalen Johansen · 11 yrs held
Jalen Johansen
since 2015
7 recorded transactions
Zoning & alternative use
NMU · 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
$9,903
Tax year 2024
Assessed value
$1,083,900
Assessed 2024
Previous assessed
$1,083,900
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$465,600
Assessed improvement
$618,300
Land market value
$465,600
Improvement market value
$618,300
Total market value
$1,083,900
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
1969
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
1,832 SF
Lot
2.21 ac (96,268 SF)
Zoning code
NMU
APN
619043012
UPID
US90-0586925
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NMU · Buckley, WA
Zoning NMU · permitted uses
NMU · 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
1969
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
2.21 ac
Current owner
From public records · entity-resolved
Jalen Johansen
Individual
Mailing address
PO BOX 674, BUCKLEY, WA 98321-0674
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2021
—
Prestige Worldwide Holdings LLC
—
Deed
related
$750,000 · Columbia State Bank
Jun 8, 2015
$685,000
Jalen Johansen
Johansen Excavating INC
Warranty Deed
—
Jun 8, 2015
—
Prestige Worldwide Holdings LLC
Johansen Jalen
Warranty Deed
$358,612 · Columbia State Bank
Apr 21, 2008
$300,000
Johansen Excavating INC
Dugger,michael L
Warranty Deed
$220,000 · Frontier Bank
—
—
Michael L Dugger
—
Deed Of Trust
related
$124,000 · Meritlending Com
—
—
Michael L Dugger
—
Deed Of Trust
related
$50,000 · Citibank Fsb
—
—
Johansen Excavating INC
—
Deed Of Trust
related
$390,000 · Columbia State Bank
—
—
Michael L Dugger
—
Deed Of Trust
related
$171,624 · American General Home Equity
—
—
Michael L Dugger
—
Deed Of Trust
related
$195,367 · American General Home Equity
—
—
Michael Dugger
—
Deed Of Trust
related
$147,000 · Meritlending Com
—
—
Michael L Dugger
—
Deed Of Trust
related
$98,378 · American General Home Equity
—
—
Michael L Dugger
—
Deed Of Trust
related
$90,000 · Money Store INC
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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