Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Office Spaces
560 Fox Dr Fox Island, WA 98333-9844
Trust Owned
6-yr Hold
Free & Clear
Property ID
US90-3232374
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2011
Construction
WOOD FRAME
Total area
3,192 SF
Lot
1.54 ac (67,082 SF)
Zoning code
R10
APN
120025038
UPID
US90-3232374
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
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.57M
Owner & transaction history
Forth,robert D & Nancy L Trust · 6 yrs held
Forth,robert D & Nancy L Trust
since 2020
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
R10 · Fox Island, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+28.2%
Auto repair, garage
$1.2M
+10.5%
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 Fox Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fox Island 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
$1,685,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,060,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,360,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,175,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$975,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$950,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.50M (Jan 13 2020)
Last sale anchor
$1.50M
Jan 13 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
$492 / 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
$13,870
Tax year 2024
Assessed value
$1,386,000
Assessed 2024
Previous assessed
$1,386,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$923,600
Assessed improvement
$462,400
Land market value
$923,600
Improvement market value
$462,400
Total market value
$1,386,000
Applied tax rate
472.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2011
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Total area
3,192 SF
Lot
1.54 ac (67,082 SF)
Zoning code
R10
APN
120025038
UPID
US90-3232374
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R10 · Fox Island, WA
Zoning R10 · permitted uses
R10 · Fox Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fox Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$975,000
WAREHOUSE, STORAGE
Est. value
$950,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2011
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Forth,robert D & Nancy L Trust
Trust
Free & Clear · 6 yrs held
Mailing address
40151 RIETH RD, PENDLETON, OR 97801-9382
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
—
Forth,robert D & Nancy L Trust
Robert D Forth
Quit Claim Deed
related
—
Jul 1, 2011
$1,500,000
Robert D Forth
West,robert & Karen D
Warranty Deed
—
Feb 3, 2009
$250,000
Robert West
3g Properties LLC
Warranty Deed
$985,000 · Horizon Bank
Mar 16, 2007
$235,000
3g Properties LLC
Clauson,kenneth & Betty
Warranty Deed
—
Mar 8, 2005
$103,000
Kenneth Clauson
Helseth,peter
Grant Deed
—
Oct 7, 2003
$79,950
Peter Helseth
Carlson,bernice E Est
Grant Deed
$63,960 · Washington Federal Savings
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?”
You own 560 Fox Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
