Individually Owned Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,000 SF
Lot
2.99 ac (130,320 SF)
Zoning code
M-1
APN
362104-9094
UPID
US90-0738317
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Box & Wholesale Store
-
Building Supply Industrial Manufacturer
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
$5.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
since 2020
Last sale
$4.6M
6 recorded transactions
Zoning & alternative use
M-1 · Auburn, WA
Zoning description
M-1, Light Industrial Zone. The intent of the M-1 light industrial zone is to accommodate a variety of industrial, manufacturing, commercial, and limited residential uses in an industrial environment, and to preserve lan…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.27M
Value range
$4.74M – $5.80M
±10% around blend
Estimated value / SF
$151 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$4.74M
blend $5.27M
$5.80M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
35,000 SF
Lot area
2.99 ac
Year built
1992
Stories
1
APN
362104-9094
Zoning
M-1
Assessed value
$7,986,600
Annual tax
$92,059
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.42M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.87M
@ 6.5% CAP return
$5.42M
@ 7% CAP return
$5.03M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.27M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 43 sales
$635
-76%
County 166 sales
$381
-61%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $151/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.70%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.70%
9.0%
NOI (est.)
$324k *
Last sale · May 2020
$4.63M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.83M
Move the market yield to see immediate price impact.
Value / SF
$138
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.20%6.70%7.20%
$291k
$4.70M
$4.35M
$4.05M
$324k
$5.22M
$4.83M
$4.50M
$356k
$5.74M
$5.32M
$4.95M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$92,059
Tax year 2022
Assessed value
$7,986,600
Assessed 2022
Previous assessed
$7,986,600
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,563,800
Assessed improvement
$6,422,800
Land market value
$1,563,800
Improvement market value
$6,422,800
Total market value
$7,986,600
Applied tax rate
51.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
3
Stories
1
Total area
35,000 SF
Lot
2.99 ac (130,320 SF)
Zoning code
M-1
APN
362104-9094
UPID
US90-0738317
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Auburn, WAZoning M-1 · permitted uses
M-1 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
M-1, Light Industrial Zone. The intent of the M-1 light industrial zone is to accommodate a variety of industrial, manufacturing, commercial, and limited residential uses in an industrial environment, and to preserve lan…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
3
Lot
2.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M-1
INDUSTRIAL
Jurisdiction
Auburn, WA
Recorded code
M-1
Official district
M-1
Official district profile
What the municipal code says about M-1
Zoning description
M-1, Light Industrial Zone. The intent of the M-1 light industrial zone is to accommodate a variety of industrial, manufacturing, commercial, and limited residential uses in an industrial environment, and to preserve lan…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Auburn, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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