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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Showrooms
28606 132nd SE Ave Kent, WA 98042-3905
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0959247
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1928
Construction
STEEL FRAME
Total area
19,040 SF
Lot
13.05 ac (568,400 SF)
Zoning code
SR-1
APN
342205-9031
UPID
US90-0959247
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
-
Freedom Run Kennel & Boarding Facility Animal Training
-
Freedom Run Equestrian Center Training Center Animal Training
-
Round Lake Farm Products (Bike/Boat/Book/etc) Store Pet Store & Service
-
i.d. SPOT (Bike/Boat/Book/etc) Store Pet Store & Service
-
Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.91M
Owner & transaction history
Reber Family Ptshp · 12 yrs held
Reber Family Ptshp
since 2013
7 recorded transactions
Zoning & alternative use
SR-1 · Kent, 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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10%
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
$100 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,998
Tax year 2022
Assessed value
$1,309,145
Assessed 2022
Previous assessed
$1,309,145
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$262,845
Assessed improvement
$1,046,300
Land market value
$262,845
Improvement market value
$1,046,300
Total market value
$1,309,145
Applied tax rate
1,565.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1928
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
8
Stories
1
Bathrooms
1
Total area
19,040 SF
Lot
13.05 ac (568,400 SF)
Zoning code
SR-1
APN
342205-9031
UPID
US90-0959247
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SR-1 · Kent, WA
Zoning SR-1 · permitted uses
SR-1 · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
8
Bathrooms
1
Lot
13.05 ac
Current owner
From public records · entity-resolved
Reber Family Ptshp
Individual
Mailing address
28606 132ND AVE SE, KENT, WA 98042-3905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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 16, 2024
—
Reber Family Partnership
—
Deed
related
$382,087 · Heritage Southeast Bank
Jul 26, 2022
—
Reber Family Partnership
—
Deed
related
$1,000,000 · Heritage Southeast Bank
May 2, 2019
—
Reber Family Ptshp
—
Grant Deed
related
$1,900,000 · Heritage Bk
Jul 6, 2016
—
Reber Family Ptshp
—
Deed
related
$650,000 · Bank Of America
Nov 14, 2013
—
Reber Family Ptshp
Reber Darrell D
Quit Claim Deed
related
—
Feb 10, 1998
—
Darrell D Reber
—
Deed Of Trust
related
$1,500,000 · Seafirst Bank
—
—
Reber Family Ptshp
—
Deed Of Trust
related
$1,700,000 · Bank Of America
—
—
Reber Family Ptshp
—
Deed Of Trust
related
$500,000 · Heritage Bk
—
—
Reber Family Ptshp
—
Deed Of Trust
related
$400,000 · Bank Of America
—
—
Reber Family Ptshp
—
Loan Modification
related
$500,000 · Bank Of America
—
—
Darrell D Reber
—
Deed Of Trust
related
$700,000 · Bank Of America
—
—
Reber Family Ptshp
—
Loan Modification
related
$650,000 · Bank Of America
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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