Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,430,000
Distribution centers
911 Battersby Ave Enumclaw, WA 98022-9248
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-1557252
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1972
Construction
STEEL FRAME
Total area
41,376 SF
Lot
1.91 ac (83,335 SF)
Zoning code
LI
APN
242006-9544
UPID
US90-1557252
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.43M
Owner & transaction history
Airborne Leasing LLC · 17 yrs held
Airborne Leasing LLC
since 2008
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$131 / 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
$40,544
Tax year 2022
Assessed value
$4,360,100
Assessed 2022
Previous assessed
$4,360,100
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$666,600
Assessed improvement
$3,693,500
Land market value
$666,600
Improvement market value
$3,693,500
Total market value
$4,360,100
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
2
Total area
41,376 SF
Lot
1.91 ac (83,335 SF)
Zoning code
LI
APN
242006-9544
UPID
US90-1557252
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
1972
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Buildings
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
Airborne Leasing LLC
Entity
Mailing address
911 BATTERSBY AVE, ENUMCLAW, WA 98022-9248
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
—
Airborne Leasing LLC
—
Deed
related
$1,000,000 · First Interstate Bank
Nov 12, 2020
—
Airborne Leasing LLC
—
Deed
related
$2,430,000 · First Interstate Bank
Mar 1, 2019
—
Airborne Leasing LLC
—
Deed
related
$3,500,000 · First Interstate Bk
Jan 23, 2017
—
Airborne Leasing LLC
—
Deed
related
$1,500,000 · Inland Northwest Bank
Jan 28, 2009
—
Airborne Leasing LLC
—
Deed Of Trust
related
$1,928,600 · Banner Bank
Oct 31, 2008
—
Airborne Leasing LLC
City Of Enumclaw
Warranty Deed
$1,320,000 · Banner Bank
Dec 2, 1994
—
LP Battersby
Weyer,paul P & Elke
Quit Claim Deed
related
—
—
—
Airborne Leasing LLC
—
Loan Modification
related
$3,500,000 · First Interstate Bk
—
—
Airborne Leasing LLC
—
Deed Of Trust
related
$1,000,000 · Inland Northwest Bk
—
—
Airborne Leasing LLC
—
Deed Of Trust
related
$1,300,000 · Inland Northwest 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 911 Battersby Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
