Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Warehouses
28316 Hinkleman Rd Buckley, WA 98321-9408
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1373592
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
WOOD FRAME
Total area
14,518 SF
Lot
1.76 ac (76,491 SF)
Zoning code
LI
APN
5665000213
UPID
US90-1373592
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
-
Hometown Door Co Hardware & Home Improvement Production Facility
-
Aero-Lac Painting
-
M C Machine LLC Industrial Manufacturer
-
Green’s Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.75M
Owner & transaction history
Stella & Zin LLC · 1 yrs held
Stella & Zin LLC
since 2025
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
LI · Buckley, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
LI light industrial zone. (1) Purpose Statement. The LI zone is intended to be compatible with the GC zone, have easy access from arterials, have business uses that by their nature have a higher level of noise and/or possible use of hazardous materials, and include industrial uses, the most intense commercial uses, and light manufacturing, such as metal work…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
8.23 ac
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
Method
Estimation
Statistic approach
$1,760,000
ML approach
$1,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.70M (Jun 22 2022)
Last sale anchor
$1.70M
Jun 22 2022
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
$120 / 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
$9,202
Tax year 2024
Assessed value
$1,007,100
Assessed 2024
Previous assessed
$1,007,100
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$712,900
Assessed improvement
$294,200
Land market value
$712,900
Improvement market value
$294,200
Total market value
$1,007,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
14,518 SF
Lot
1.76 ac (76,491 SF)
Zoning code
LI
APN
5665000213
UPID
US90-1373592
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Buckley, WAZoning LI · permitted uses
LI · Buckley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
LI light industrial zone. (1) Purpose Statement. The LI zone is intended to be compatible with the GC zone, have easy access from arterials, have business uses that by their nature have a higher level of noise and/or possible use of hazardous materials, and include industrial uses, the most intense commercial uses, and light manufacturing, such as metal working. This zone is not conducive to residential development. (2) Performance Standards. (a) Basic minimum lot size shall be 6,000 square feet. (b) Minimum lot width shall be 60 feet and depth shall be 100 feet. (c) Maximum lot coverage shall be 80 percent. (d) Minimum yard requirements shall be as follows: (i) Front: 25 feet; (ii) Sides: 10 feet; (iii) Rear: 20 feet. (3) Off-street parking requirements shall be per Chapter 19.28 BMC. (4) Standards for street and utility construction shall be as specified under Chapter 17.08 BMC. (5) Properties directly accessing from SR 410 and within 150 feet of the right-of-way shall contain only uses in accordance with the use table in BMC § 19.20.130 . ( Ord. 14-17
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
8.23 ac
Building & site characteristics
From public records
Year built
1973
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Stella & Zin LLC
Entity
Mailing address
28316 HINKLEMAN RD, BUCKLEY, WA 98321-9408
Ownership since
2025
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
Jul 18, 2025
$2,400,000
Stella & Zin LLC
Mimi & Papa LLC
Warranty Deed
$2,841,400 · Us Bank NA
Jun 22, 2022
$1,700,000
Mimi & Papa LLC
Glenn Emry
Warranty Deed
$701,000 · Evergreen Business Capital
Jun 22, 2022
—
Mimi & Papa LLC
—
Deed
related
$680,000 · Columbia State Bank
Nov 1, 2002
$290,850
Bruce A Nelson
Oneal,linda M
Grant Deed
—
—
—
Edgar B Seymour
—
Deed Of Trust
related
$150,000 · Mt Rainier National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28316 Hinkleman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
