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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail space
35311 Veazie Cumberland SE Rd Enumclaw, WA 98022
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0903585
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Construction
WOOD
Total area
2,100 SF
Lot
0.13 ac (5,500 SF)
Zoning code
NB
APN
187140-0405
UPID
US90-0903585
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
$580k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Tritaco II LLC · 11 yrs held
Tritaco II LLC
since 2014
7 recorded transactions
Zoning & alternative use
NB · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$830,000
+0.7%
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 Enumclaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enumclaw 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%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
RETAIL STORES
$825,000
Current use
MEDICAL BUILDING
$830,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$243 / 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
$3,388
Tax year 2022
Assessed value
$320,800
Assessed 2022
Previous assessed
$320,800
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$75,000
Assessed improvement
$245,800
Land market value
$75,000
Improvement market value
$245,800
Total market value
$320,800
Applied tax rate
3,550.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
ELECTRIC
Buildings
2
Stories
1
Total area
2,100 SF
Lot
0.13 ac (5,500 SF)
Zoning code
NB
APN
187140-0405
UPID
US90-0903585
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Enumclaw, WA
Zoning NB · permitted uses
NB · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$825,000
MEDICAL BUILDING
Est. value
$830,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Construction
WOOD
Heating
ELECTRIC
Stories
1
Buildings
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Tritaco II LLC
Entity
Mailing address
PO BOX 474, RAVENSDALE, WA 98051-0474
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2014
—
Tritaco II LLC
Mcdonough,cory
Quit Claim Deed
related
—
Jul 31, 2006
$165,000
Cory P Mcdonough
Wright,lonnie
Warranty Deed
$123,750 · Mt Rainier National Bank
Feb 24, 2006
—
Lonnie Wright
Mabe,olan
Quit Claim Deed
related
$20,000 · Leah Bergman
Aug 24, 1990
—
Olen B Mabe
Doll,terry E
Quit Claim Deed
related
—
Dec 27, 1988
$35,000
Olen B Mabe
Western
Grant Deed
$30,100 · Western Community Bank
—
—
Buck Mabe
—
Deed Of Trust
related
$52,182 · Law Of Robert B Gould
—
—
Lonnie Wright
—
Deed Of Trust
related
$30,000 · Trip Hart
—
—
Olen B Mabe
—
Deed Of Trust
related
$24,856 · Law Offices Of Robert B Gould
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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