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Property profile & analytics
OFF-MARKET
Banks
940 Stevenson Ave Enumclaw, WA 98022-2954
Entity Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0740909
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2003
Construction
WOOD
Total area
2,889 SF
Lot
0.49 ac (21,309 SF)
Zoning code
HCB
APN
242006-9430
UPID
US90-0740909
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
by Request
Owner & transaction history
Northwest Capital Investors · 28 yrs held
Northwest Capital Investors
since 1998
7 recorded transactions
Zoning & alternative use
HCB · Enumclaw, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
—
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
$8,552
Tax year 2022
Assessed value
$941,000
Assessed 2022
Previous assessed
$941,000
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$319,600
Assessed improvement
$621,400
Land market value
$319,600
Improvement market value
$621,400
Total market value
$941,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
2,889 SF
Lot
0.49 ac (21,309 SF)
Zoning code
HCB
APN
242006-9430
UPID
US90-0740909
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.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Northwest Capital Investors
Entity
Free & Clear · 28 yrs held
Mailing address
5312 PACIFIC HWY E, FIFE, WA 98424-2602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 1998
$262,000
Northwest Capital Investors
Haneys LLC
Grant Deed
related
—
Oct 2, 1997
—
Haneys LLC
Haney,bob G & Charlotte M
Quit Claim Deed
related
—
Jun 11, 1990
$285,000
Puget Sound National Bank
Noordman,gerald
Grant Deed
related
$133,900 · Seller
Aug 29, 1988
$27,237
Charles R Hogan
Noordman
Grant Deed
—
Apr 19, 1988
$557,538
Investmets Crh
Garrett
Grant Deed
—
Mar 31, 1988
$7,040
D A Garrett
Noordman
Trustees Deed
—
Mar 31, 1988
$125,000
Dwight Garrett
Garrett
Trustees Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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