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Property profile & analytics
FOR LEASE
Warehouses
702 Battersby Ave Enumclaw, WA 98022
Individually Owned
5-yr Hold
Free & Clear
Property ID
US90-1983415
For Lease
1 / 10
$2,645,000
702 Battersby Ave, Enumclaw, WA 98022
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,402 SF
Lot
1.22 ac (52,945 SF)
Zoning code
LI
APN
236100-0150
UPID
US90-1983415
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
$3.27M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$2.65M
Owner & transaction history
Shanon E Kirby · 5 yrs held
Shanon E Kirby
since 2021
6 recorded transactions
Zoning & alternative use
LI · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI light industrial district is intended to create, preserve and enhance areas containing a wide range of manufacturing, processing, wholesaling, distributing, storage, and similar activities, together with associated administrative and office uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
298.19 ac
Source
Realmo
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%
$3,540,000
6.5%
$3,270,000
7%
$3,035,000
Blend value · Realmo final
$2.65M
Range $2.38M – $2.91M · ±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
$152 / 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
$20,555
Tax year 2022
Assessed value
$2,257,500
Assessed 2022
Previous assessed
$2,257,500
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$423,500
Assessed improvement
$1,834,000
Land market value
$423,500
Improvement market value
$1,834,000
Total market value
$2,257,500
Applied tax rate
1,175.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
17,402 SF
Lot
1.22 ac (52,945 SF)
Zoning code
LI
APN
236100-0150
UPID
US90-1983415
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LI · Enumclaw, WAZoning LI · permitted uses
LI · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI light industrial district is intended to create, preserve and enhance areas containing a wide range of manufacturing, processing, wholesaling, distributing, storage, and similar activities, together with associated administrative and office uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
298.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Shanon E Kirby
Individual
Free & Clear · 5 yrs held
Mailing address
24802 N 84TH ST, SCOTTSDALE, AZ 85255-2823
Ownership since
2021
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
Mar 8, 2021
—
Shanon E Kirby
Shanon E Kirby
Intrafamily Transfer
related
—
Jun 12, 2020
—
Shanon E Kirby
Douglas E Kirby
Quit Claim Deed
related
—
Sep 16, 2010
—
City Of Enumclaw
Radio Hill LLC
Warranty Deed
—
Apr 21, 2008
—
Radio Hill LLC
Gator Nw LLC
Quit Claim Deed
related
—
Jun 6, 2007
$419,000
Gator Nw LLC
Lcc Investments LLC
Warranty Deed
—
Jul 19, 1989
$80,283
D Frank Osborne JR.
West
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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