New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,345,000
Showrooms
32610 32nd St, Carnation, WA 98014-6104
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US90-0964423
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1952
Construction
WOOD
Total area
26,322 SF
Lot
14.96 ac (651,657 SF)
Zoning code
AGI
APN
222507-9025
UPID
US90-0964423
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
Good Ground LLC · 23 yrs held
Good Ground LLC
since 2003
7 recorded transactions
Zoning & alternative use
AGI · Carnation, 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 Carnation submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carnation 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
$127 / 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
$12,416
Tax year 2022
Assessed value
$1,180,224
Assessed 2022
Previous assessed
$1,180,224
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$246,124
Assessed improvement
$934,100
Land market value
$325,800
Improvement market value
$934,100
Total market value
$1,259,900
Applied tax rate
971.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1952
Construction
WOOD
Heating
SPACE
Buildings
11
Stories
1
Total area
26,322 SF
Lot
14.96 ac (651,657 SF)
Zoning code
AGI
APN
222507-9025
UPID
US90-0964423
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
AGI · Carnation, WA
Zoning AGI · permitted uses
AGI · Carnation, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carnation. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
SPACE
Stories
1
Buildings
11
Lot
14.96 ac
Current owner
From public records · entity-resolved
Good Ground LLC
Entity
Mailing address
32610 NE 32ND ST, CARNATION, WA 98014-6104
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2020
—
Good Ground LLC
—
Deed
related
$1,000,000 · Coastal Community Bank
Mar 16, 2011
—
Good Ground LLC
—
Deed Of Trust
related
$1,800,000 · First Heritage Bank
May 15, 2003
—
Good Ground LLC
Remlinger,gary F & Bonnie M
Grant Deed
related
—
Jan 27, 1988
—
Gary F Remlinger
Remlinger,floyd
Grant Deed
related
—
—
—
Good Ground LLC
—
Deed Of Trust
related
$2,000,000 · Coastal Community Bank
—
—
Gary F Remilinger
—
Deed Of Trust
related
$508,823 · Frontier Bank
—
—
Good Ground LLC
—
Deed Of Trust
related
$1,300,000 · Frontier 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?”
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