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Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Warehouses
820 State Rte 161st N, Eatonville, WA 98328-9099
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1637874
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Construction
WOOD FRAME
Total area
4,368 SF
Lot
4.16 ac (181,210 SF)
Zoning code
C2
APN
416151044
UPID
US90-1637874
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
$2.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$2.59M
Owner & transaction history
Turk Investments LLC · 4 yrs held
Turk Investments LLC
since 2022
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
C2 · Eatonville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+42.8%
Auto repair, garage
$1.6M
+23.1%
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 Eatonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatonville 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
$2,665,000
ML approach
$2,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,860,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,605,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±10% · vs last sale $2.58M (Jan 21 2022)
Last sale anchor
$2.58M
Jan 21 2022
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
$593 / 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
$12,675
Tax year 2024
Assessed value
$1,398,300
Assessed 2024
Previous assessed
$1,398,300
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$426,600
Assessed improvement
$971,700
Land market value
$426,600
Improvement market value
$971,700
Total market value
$1,398,300
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
WOOD FRAME
Heating
SPACE
Buildings
6
Stories
1
Units
73
Total area
4,368 SF
Lot
4.16 ac (181,210 SF)
Zoning code
C2
APN
416151044
UPID
US90-1637874
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Eatonville, WA
Zoning C2 · permitted uses
C2 · Eatonville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eatonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
6
Units
73
Lot
4.16 ac
Current owner
From public records · entity-resolved
Turk Investments LLC
Entity
Mailing address
8599 HVN AVE STE #202, RANCHO CUCAMONGA, CA 91730-4849
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$2,575,000
Turk Investments LLC
S & S Silver Lining LLC
Warranty Deed
$1,640,000 · First Financial Northwest Bank
Apr 1, 2010
$550,000
S & S Silver Lining LLC
Mcginnis Family Trust
Warranty Deed
$525,000 · Mcginnis Family Trust
—
—
S & S Silver Lining LLC
—
Deed Of Trust
related
$175,000 · Otto & Violet Sorensen
—
—
Gary L Mcginnis
—
Deed Of Trust
related
$93,642 · Key Bank Of Washington
—
—
Mcginnis Trust
—
Deed Of Trust
related
$150,000 · Key Bank NA
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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