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Property profile & analytics
OFF-MARKET
Automotive properties
33802 Us 2nd 2 Sultan, WA 98294
Entity Owned
~
Est. High Equity
Property ID
US90-0468354
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1994
Construction
WOOD
Total area
8,736 SF
Lot
2.67 ac (116,305 SF)
Zoning code
V5
APN
28083300401500
UPID
US90-0468354
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
by Request
Owner & transaction history
Cornbread Properties LLC
Cornbread Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
V5 · Sultan, 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 Sultan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sultan 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,325
Tax year 2023
Assessed value
$1,190,000
Assessed 2023
Previous assessed
$1,131,100
+5.2% YoY
Effective rate
0.78%
On assessed value
Assessed land
$725,300
Assessed improvement
$464,700
Land market value
$725,300
Improvement market value
$464,700
Total market value
$1,190,000
Applied tax rate
805.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
1
Total area
8,736 SF
Lot
2.67 ac (116,305 SF)
Zoning code
V5
APN
28083300401500
UPID
US90-0468354
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
V5 · Sultan, WAZoning V5 · permitted uses
V5 · Sultan, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
2.67 ac
Current owner
From public records · entity-resolved
Cornbread Properties LLC
Entity
Mailing address
636 120TH AVE NE STE A200, BELLEVUE, WA 98005-3028
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Combread Properties LLC
—
Deed
related
$600,000 · Same Investment Co LLC
Feb 11, 2026
$1,325,000
Cornbread Properties LLC
Same Investment Co LLC
Quitclaim Deed
related
—
Jan 3, 2014
$485,000
Same Investment Co LLC
Estate Motors INC
Quit Claim Deed
related
—
Aug 12, 2013
$485,000
Estate Motors INC
Pacific Crest Realty Advisors
Grant Deed
—
Jan 11, 2005
—
Highway 2 Property Mgmt LLC
Drivstuen,russell J & Jana M
Quit Claim Deed
related
—
Feb 15, 2002
$587,500
Russell J Drivstuen
Skinner,worth & Donna
Grant Deed
$525,000 · Frontier Bank
Dec 7, 1999
—
Worth Skinner
West Coast Liquidation
Quit Claim Deed
related
$459,817 · Cascade Bank
Oct 27, 1993
$250,000
West Coast Liquidation
Magnuson,ben & L
Grant Deed
$200,000 · Seller
Aug 1, 1990
$140,000
Ben Magnuson
Unknown
Grant Deed
—
—
—
West Coast Liquidation INC
—
Deed Of Trust
related
$110,000 · Cascade Bank
—
—
West Coast Liquidation INC
—
Deed Of Trust
related
$192,648 · Us Bank Of Washington
—
—
Highway 2 Prop Mgmt LLC
—
Deed Of Trust
related
$100,000 · Park 120 Investments LLC
—
—
Highway 2 Property Mgmt LLC
—
Deed Of Trust
related
$10,000,000 · Frontier Bank
—
—
Jeff Burdette
—
Deed Of Trust
related
$850,000 · Michael R Mastro
—
—
Michael R Mastro
—
Deed Of Trust
related
$334,728 · William B Ira
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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