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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Motels
466 Main St Buckley, WA 98321-8636
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0987721
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,048 SF
Lot
0.16 ac (6,845 SF)
Zoning code
CC
APN
3835000090
UPID
US90-0987721
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
-
Buckley Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$935k
Owner & transaction history
Royal G And H INC · 6 yrs held
Royal G And H INC
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
CC · Buckley, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C and the City of Buckley Development Guidelines and Public Works Standards. Full street frontage improvements shall be required. (e) Mixed-Use Dwelling Units. Dwelling units are allowed above commercial uses in the HC, CC, and NMU zones. (3) Public "P" and Sensitive "S" Zones. (a) The maximum height of all structures shall be 35 feet. (i) In the S zone, thi…
Zone name
Central Commercial
General category
COMMERCIAL
Zone area
169.67 ac
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 Buckley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buckley 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
$975,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,545,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,505,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $850k (Mar 3 2020)
Last sale anchor
$850k
Mar 3 2020
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
$185 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,819
Tax year 2024
Assessed value
$636,400
Assessed 2024
Previous assessed
$636,400
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$121,700
Assessed improvement
$514,700
Land market value
$121,700
Improvement market value
$514,700
Total market value
$636,400
Applied tax rate
45.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Units
14
Total area
5,048 SF
Lot
0.16 ac (6,845 SF)
Zoning code
CC
APN
3835000090
UPID
US90-0987721
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CC · Buckley, WAZoning CC · permitted uses
CC · Buckley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C and the City of Buckley Development Guidelines and Public Works Standards. Full street frontage improvements shall be required. (e) Mixed-Use Dwelling Units. Dwelling units are allowed above commercial uses in the HC, CC, and NMU zones. (3) Public "P" and Sensitive "S" Zones. (a) The maximum height of all structures shall be 35 feet. (i) In the S zone, this measurement shall be as required by the shoreline master program or Chapter 173-
Zone name
Central Commercial
General category
COMMERCIAL
Zone area
169.67 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES
WAREHOUSE, STORAGE
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
14
Lot
0.16 ac
Current owner
From public records · entity-resolved
Royal G And H INC
Entity
Mailing address
3715 55TH ST NE, TACOMA, WA 98422-4572
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2020
$850,000
Royal G And H INC
Ajp Enterprize LLC
Warranty Deed
$950,000 · Mountain Pacific Bank
Aug 15, 2017
$665,000
Ajp Enterprize LLC
D & J Horton LLC
Warranty Deed
$275,000 · D & J Horton LLC
Oct 3, 2005
$570,000
D & J Horton LLC
Sanghera Ent INC
Warranty Deed
$470,000 · Sanghera Ent INC
Aug 30, 2004
$450,000
Sanghera Ent INC
West Buckley LLC
Warranty Deed
$356,000 · City Bank
May 25, 2004
—
West Buckley LLC
Eun,phillip Y & Oklae
Quit Claim Deed
related
—
Nov 25, 2003
$30,000
Phillip Eun
Park,moon Y & Wol S
Trustees Deed
—
Jul 3, 2001
$260,000
Moon Y Park
Choi,chun Y & Jacqueline H
Grant Deed
$304,500 · California Center Bank
Jun 14, 1993
$290,000
Chun Y Choi
Unknown
Grant Deed
—
—
—
Sanghera Ents INC
—
Deed Of Trust
related
$153,353 · City Bank
—
—
D & J Horton LLC
—
Deed Of Trust
related
$440,000 · City Bank
—
—
Moon Y Park
—
Deed Of Trust
related
$50,000 · Phillip & Oklae
—
—
Chun Y Choi
—
Deed Of Trust
related
$7,130 · City Bank
—
—
Chun Y Choi
—
Deed Of Trust
related
$344,540 · City 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.
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