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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Apartment buildings
816 Queens St Milton, WA 98354-8880
Individually Owned
2-yr Hold
Property ID
US90-0801896
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
FRAME
Total area
3,376 SF
Lot
0.31 ac (13,600 SF)
Zoning code
RMD
APN
5985002884
UPID
US90-0801896
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
$750k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$750k
Owner & transaction history
Pavel Radchuk · 2 yrs held
Pavel Radchuk
since 2024
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
RMD · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Parking or storage of recreational vehicles, watercraft or utility trailers for compensation is not permitted within a residential zone (RS, RM, or RMD). This subsection does not apply to storage facilities provided exclusively for tenants of multifamily dwelling complexes. D. No recreational vehicle may be used as an accessory structure to a residence or op…
Zone name
Residential Moderate Density District
General category
RESIDENTIAL
Zone area
53.63 ac
Top alternative use upside
Auto repair, garage
$1.2M
+55.6%
Commercial (general)
$1.1M
+40.8%
Retail stores
$1.0M
+29.7%
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$795,000
Current use
AUTO REPAIR, GARAGE
$1,240,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,125,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$1,035,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,005,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$925,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jan 4 2024)
Last sale anchor
$750k
Jan 4 2024
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
$222 / 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
$7,578
Tax year 2024
Assessed value
$758,000
Assessed 2024
Previous assessed
$758,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$229,700
Assessed improvement
$528,300
Land market value
$229,700
Improvement market value
$528,300
Total market value
$758,000
Applied tax rate
79.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1977
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Total area
3,376 SF
Lot
0.31 ac (13,600 SF)
Zoning code
RMD
APN
5985002884
UPID
US90-0801896
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RMD · Milton, WAZoning RMD · permitted uses
RMD · Milton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Parking or storage of recreational vehicles, watercraft or utility trailers for compensation is not permitted within a residential zone (RS, RM, or RMD). This subsection does not apply to storage facilities provided exclusively for tenants of multifamily dwelling complexes. D. No recreational vehicle may be used as an accessory structure to a residence or operating business, nor to accommodate a residential accessory use. ( Ord. 1717
Zone name
Residential Moderate Density District
General category
RESIDENTIAL
Zone area
53.63 ac
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1977
Construction
FRAME
Heating
BASEBOARD
Stories
2
Units
4
Bathrooms
4
Lot
0.31 ac
Current owner
From public records · entity-resolved
Pavel Radchuk
Individual
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
—
Anastasiya Radchuk
—
Deed
related
$233,500 · Gesa Cu
Jan 4, 2024
$750,000
Pavel Radchuk
Clayton T Johnson
Warranty Deed
$712,500 · Nfm INC
Feb 2, 1994
$138,000
Clayton T Johnson
Eichelser,shirle
Grant Deed
$96,600 · Keycorp Mortgage INC
—
—
Clayton T Johnson
—
Deed Of Trust
related
$86,866 · Claris E Johnson
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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