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Property profile & analytics
OFF-MARKET
Commercial land
9512 214th E Ave, Sumner, WA 98391
Entity Owned
11-yr Hold
Free & Clear
Property ID
US90-1672526
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
3,186 SF
Lot
5.68 ac (247,421 SF)
Zoning code
C2
APN
520344017
UPID
US90-1672526
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
Misty Assets West LLC · 11 yrs held
Misty Assets West LLC
since 2015
6 recorded transactions
Zoning & alternative use
C2 · Sumner, 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 Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner 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 2024Property tax & assessments
Tax year 2024
Tax billed
$118
Tax year 2024
Assessed value
$10,700
Assessed 2024
Previous assessed
$10,700
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$10,700
Land market value
$10,700
Total market value
$10,700
Applied tax rate
44.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
3,186 SF
Lot
5.68 ac (247,421 SF)
Zoning code
C2
APN
520344017
UPID
US90-1672526
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Sumner, WA
Zoning C2 · permitted uses
C2 · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
5.68 ac
Current owner
From public records · entity-resolved
Misty Assets West LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1302 PUYALLUP ST STE A, SUMNER, WA 98390-1604
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2015
—
Misty Assets West LLC
Misty Assets LLC
Quit Claim Deed
—
Jun 14, 2013
—
Mm Land Holdings LLC
Investo Properties LLC
Warranty Deed
—
Jan 21, 2009
—
Investco Properties LLC
Blp Investments LLC
Quit Claim Deed
—
May 27, 2004
$1,300,000
Bonney Lake Plaza LLC
Nybo,arven & D G
Grant Deed
$1,000,000 · Arven & D G Nybo
Aug 12, 1998
—
Arven Nybo
Porter Smith Partnership
Quit Claim Deed
related
—
—
—
Porter-smith Partnership
—
Deed Of Trust
related
$96,327 · Columbia State 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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