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Property profile & analytics
OFF-MARKET
Warehouses
2823 Vly E Hwy, Sumner, WA 98390-9703
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-1532212
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
STEEL FRAME
Total area
960 SF
Lot
5.32 ac (231,739 SF)
Zoning code
M1
APN
420114083
UPID
US90-1532212
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
-
Koolit Truck Sales, Inc. Car Dealership
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
2823 West Valley LLC · 21 yrs held
2823 West Valley LLC
since 2004
7 recorded transactions
Zoning & alternative use
M1 · Sumner, 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 Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner 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
$33,789
Tax year 2024
Assessed value
$3,271,500
Assessed 2024
Previous assessed
$3,271,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$3,270,500
Assessed improvement
$1,000
Land market value
$3,270,500
Improvement market value
$1,000
Total market value
$3,271,500
Applied tax rate
117.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
960 SF
Lot
5.32 ac (231,739 SF)
Zoning code
M1
APN
420114083
UPID
US90-1532212
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Sumner, WA
Zoning M1 · permitted uses
M1 · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
5.32 ac
Current owner
From public records · entity-resolved
2823 West Valley LLC
Entity
Mailing address
2823 W VLY HWY E, SUMNER, WA 98390-9703
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
2823 West Valley LLC
—
Deed
related
$500,000 · Timberland Bk
Apr 18, 2019
—
2823 West Valley LLC
—
Deed
related
$350,000 · Timberland Bk
Jun 22, 2016
—
2823 West Valley LLC
—
Deed
related
$250,000 · Timberland Bank
Oct 8, 2004
$260,000
2823 West Valley LLC
West Valley Land LLC
Warranty Deed
related
$208,000 · Northstar Bank
May 30, 2003
$185,000
West Valley Land LLC
National Ventures INC
Grant Deed
$128,144 · Seattle Savings Bank
Dec 12, 1989
$170,000
National Ventures INC
Unknown
Grant Deed
—
—
—
2823 West Valley LLC
—
Loan Modification
related
$350,000 · Timberland Bk
—
—
2823 West Valley LLC
—
Loan Modification
related
$500,000 · Timberland Bk
—
—
2823 West Valley LLC
—
Deed Of Trust
related
$250,000 · Timberland Bank
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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