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Property profile & analytics
FOR LEASE
Office buildings
448 Sussex Ave E Tenino, WA 98589
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1572525
For Lease
Contact for pricing
448 Sussex Ave E, Tenino, WA 98589
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1980
Construction
WOOD FRAME
Total area
1,908 SF
Lot
0.17 ac (7,405 SF)
APN
5490-17-00200
UPID
US90-1572525
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
Current use
Occupant on record · Public records
-
Wholistic Health Counseling Alternative Medicine Practice
-
Jennifer L. Booker, ND Alternative Medicine Practice
-
Raise for Rowyn Association / Organization
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
Whiskey River LLC · 6 yrs held
Whiskey River LLC
since 2019
6 recorded transactions
Zoning & alternative use
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 Tenino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tenino 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
$2,675
Tax year 2023
Assessed value
$276,500
Assessed 2022
Previous assessed
$220,000
+25.7% YoY
Effective rate
0.97%
On assessed value
Assessed land
$37,200
Assessed improvement
$239,300
Land market value
$37,200
Improvement market value
$239,300
Total market value
$276,500
Applied tax rate
530.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1980
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,908 SF
Lot
0.17 ac (7,405 SF)
APN
5490-17-00200
UPID
US90-1572525
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
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
1980
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Whiskey River LLC
Entity
Mailing address
PO BOX 133, TENINO, WA 98589-0133
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
$230,000
Whiskey River LLC
Jared Chodowski
Warranty Deed
$184,000 · Timberland Bank
Aug 15, 2014
$215,000
Jared Chodowski
Sussex Lease Properties LLC
Grant Deed
$172,000 · Sussex Lease Properties LLC
Nov 1, 2010
$272,000
Laura A Patterson
Coulson,ronald H & Donna R
Warranty Deed
—
Sep 13, 1996
$120,000
Ronald H Coulson
Vanairsdale,joseph L
Grant Deed
$85,000 · Centennial Bank
—
—
Joseph L Vanairsdale
—
Deed Of Trust
related
$5,000 · Individual
—
—
Ronald H Coulson
—
Deed Of Trust
related
$85,860 · Centennial 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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