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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Office buildings
844 Mtn Villa Dr Enumclaw, WA 98022-2902
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-3262764
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
WOOD
Total area
3,837 SF
Lot
0.95 ac (41,398 SF)
Zoning code
HCB
APN
203010-0450
UPID
US90-3262764
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
$1.33M
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$1.06M
Owner & transaction history
Treat Family LLC · 11 yrs held
Treat Family LLC
since 2015
7 recorded transactions
Zoning & alternative use
HCB · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+21.8%
Medical building
$1.5M
+4.8%
Retail stores
$1.5M
+4.1%
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 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%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,445,000
Current use
AUTO REPAIR, GARAGE
$1,760,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: +5% · Conversion: Easy
RETAIL STORES
$1,505,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$276 / 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
$9,747
Tax year 2022
Assessed value
$1,063,500
Assessed 2022
Previous assessed
$1,063,500
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$538,100
Assessed improvement
$525,400
Land market value
$538,100
Improvement market value
$525,400
Total market value
$1,063,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
3,837 SF
Lot
0.95 ac (41,398 SF)
Zoning code
HCB
APN
203010-0450
UPID
US90-3262764
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HCB · Enumclaw, WA
Zoning HCB · permitted uses
HCB · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1980
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Treat Family LLC
Entity
Mailing address
PO BOX 1354, ENUMCLAW, WA 98022-1354
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
—
Treat Family LLC
—
Deed
related
$862,500 · Columbia State Bank
Aug 1, 2016
—
Treat Family LLC
—
Deed
related
$700,000 · Us Bank NA
Jun 1, 2015
—
Treat Family LLC
Treat Living Trust
Quit Claim Deed
related
—
Aug 14, 2014
—
Treat Living Trust
Treat,david J
Quit Claim Deed
related
—
Mar 28, 2014
—
Finn Investments LLC
Treat,david J
Quit Claim Deed
related
—
May 26, 2006
$800,000
David J Treat
Cedarland Tree Farms LLC
Warranty Deed
$405,219 · Mt Rainier National Bank
May 26, 2006
—
David J Treat
Treat,joanne
Quit Claim Deed
related
—
Mar 17, 2006
$600,000
Cedarland Tree Farms LLC
Plum Creek Marketing INC
Grant Deed
$450,000 · Pierce Commercial Bank
Jul 6, 1999
$247,310
Plum Creek Marketing INC
Plum Creek Timber Co LP
Grant Deed
related
—
Jan 19, 1993
$104,823
Plum Creek Timber Company L
Meridian Mineral
Quit Claim Deed
related
—
Jul 7, 1989
$55,909,000
Plum Creek Timber Co
Burlington
Grant Deed
—
—
—
David J Treat
—
Deed Of Trust
related
$630,000 · Mt Rainier National Bank
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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