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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Warehouses
28820 State Rte 410th E Buckley, WA 98321-8772
Entity Owned
14-yr Hold
Free & Clear
Property ID
US90-1347495
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
WOOD FRAME
Total area
5,005 SF
Lot
1.2 ac (52,446 SF)
Zoning code
GC
APN
5665000442
UPID
US90-1347495
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$491k
Blend (final)
Blend
$775k
Owner & transaction history
Harmony Investments LP · 14 yrs held
Harmony Investments LP
since 2012
5 recorded transactions
Zoning & alternative use
GC · Buckley, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 conduciv…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
71.40 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$155 / 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
$9,003
Tax year 2024
Assessed value
$985,300
Assessed 2024
Previous assessed
$985,300
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$731,300
Assessed improvement
$254,000
Land market value
$731,300
Improvement market value
$254,000
Total market value
$985,300
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
2001
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Bathrooms
1
Total area
5,005 SF
Lot
1.2 ac (52,446 SF)
Zoning code
GC
APN
5665000442
UPID
US90-1347495
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Buckley, WAZoning GC · permitted uses
GC · Buckley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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
General Commercial
General category
COMMERCIAL
Zone area
71.40 ac
Building & site characteristics
From public records
Year built
2001
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Bathrooms
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Harmony Investments LP
Entity
Free & Clear · 14 yrs held
Mailing address
6363 7TH AVE S STE #210, SEATTLE, WA 98108-3407
Ownership since
2012
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
Jan 24, 2012
$437,000
Harmony Investments LP
Armstrong Family LLC
Warranty Deed
—
Jun 1, 2001
—
Armstrong Family LLC
—
Trustees Deed
related
$720,000 · Olympic Bank & Mortgage
Jul 9, 1999
$261,764
Armstrong Family LLC
Martin,joseph W
Quit Claim Deed
related
—
Jul 9, 1999
$33,955
Joseph W Martin
Armstrong Family LLC
Quit Claim Deed
related
$180,000 · Mt Rainier National Bank
—
—
Armstrong Family LLC
—
Deed Of Trust
related
$900,000 · 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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