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    Property profile & analytics

    7205 Lindsay SE Ave Sumner, WA 98390

    • Apartment buildings
    • 15,384 SF
    • 5.34 lot acres
    OFF-MARKET
    Value Estimations
    $2,875,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-2585533
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7205 Lindsay SE Ave

    Year built
    2006
    Construction
    WOOD FRAME
    Lot size
    5.34 lot acres
    Property size
    15,384 SF
    Zone code
    PUD
    Property type
    Apartment buildings
    APN
    9005350020
    APU
    9005350020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,105,000
      6.5%
      $2,865,000
      7%
      $2,660,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $4,575,000
      Current use
      RETAIL STORES
      $4,710,000
      Change: +3% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,590,000
      Change: +0% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sumner
    County
    Pierce
    State
    Washington
    Longitude
    -122.213
    Latitude
    47.2423
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $388,667
    $4,604,600
    $29,755,400
    $34,360,000
    -
    $4,604,600
    $29,755,400
    $34,360,000

    Comparable in this City

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      $1,310,000
      9,828 SF

      13301 State 5th E Hwy

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    • Value Estimation
      $600,000
      3,728 SF

      15909 52nd E St

      APARTMENT HOUSE (5+ UNITS) • 3,728 SF
      15909 52nd E St, Sumner, WA 98390-3138
      View Details
    • Value Estimation by Request
      3,180 SF

      1416 Bonney Ave

      APARTMENT HOUSE (5+ UNITS) • 3,180 SF
      1416 Bonney Ave, Sumner, WA 98390-2105
      View Details
    • Value Estimation
      $1,405,000
      6,380 SF

      1103 Thompson St

      APARTMENT HOUSE (5+ UNITS) • 6,380 SF
      1103 Thompson St, Sumner, WA 98390-1351
      View Details
    • Value Estimation
      $530,000
      3,536 SF

      1412 Vly E Ave

      APARTMENT HOUSE (5+ UNITS) • 3,536 SF
      1412 Vly E Ave, Sumner, WA 98390-2701
      View Details
    • Value Estimation
      $540,000
      3,296 SF

      15423 Washington St

      APARTMENT HOUSE (5+ UNITS) • 3,296 SF
      15423 Washington St, Sumner, WA 98390-3234
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sumner Commercial Land Opportunity

      2.18-acre commercial land suitable for retail and multifamily development.
      16313 64Th St E, Sumner, WA 98390
      View Details
    • $38,200,000
      48,873 SF

      Sumner Industrial Facility For Sale

      Modern 159,250 SF industrial building on 6.93 acres.
      1607 136Th Ave E, Sumner, WA 98390
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    • Contact for pricing

      Sumner Warehouse Space Available

      20,000 SF dry storage space for sublease.
      14513 32Nd St E, Sumner, WA 98390
      View Details
    • $3,300,000
      7,339 SF

      Sumner Industrial Property For Sale

      Two-building industrial property in Sumner, WA, with leaseback options.
      1504 Fryar Ave, Sumner, WA 98390
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    • Contact for pricing

      Sumner Square Retail Investment Opportunity

      Fully leased retail property with development potential in Sumner, WA.
      15716-15720 Main St E, Sumner, WA 98390
      View Details
    • $8,250,000

      Sumner Square Retail Investment Opportunity

      Fully leased retail property with NNN tenants in Sumner, WA.
      15716 Main St E, Sumner, WA 98390
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Space Available for Lease

      Retail and office spaces available for lease.
      15005 Main St E, Sumner, WA 98390
      View Details
    • Contact for pricing
      25,000 SF

      Sumner Warehouse Space Available

      25,000 square foot warehouse space for lease in Sumner.
      4301 W Valley Hwy E, Sumner, WA 98390
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    • Contact for pricing
      8,200 SF

      Sumner Warehouse Space Available

      8,200 SF warehouse space for lease in Sumner, WA.
      2920 142Nd Avenue Ct East, Sumner, WA 98390
      View Details
    • Contact for pricing
      3,570 SF

      2.33 AC Sumner Yard

      2.33 AC yard available for rent in Sumner, WA.
      4611 Tacoma Ave, Sumner, WA 98390
      View Details
    • Contact for pricing
      147,289 SF

      Sumner Yard Space Available

      Up to 7 acres of yard space for rent.
      3012 142Nd Ave E, Sumner, WA 98390
      View Details
    • $3,870 /Mo
      1,548 SF

      Retail Space in Sumner, WA

      1,548 SF retail space with highway access and parking.
      16290 Auto Ln, Sumner, WA 98390
      View Details
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    7205 Lindsay SE Ave
    Sumner, WA 98390
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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