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Property profile & analytics
FOR SALE
Commercial land
98 5Th Ave, Milton, WA 98354
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1998481
For Sale
1 / 16
$650,000
98 5Th Ave, Milton, WA 98354
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.16 ac (50,593 SF)
Zoning code
B
APN
322104-9040
UPID
US90-1998481
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
City Management Consulting LLC · 4 yrs held
City Management Consulting LLC
since 2021
Last sale
$35,000
7 recorded transactions
Zoning & alternative use
B · Milton, 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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$4,526
Tax year 2022
Assessed value
$151,700
Assessed 2022
Previous assessed
$151,700
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$151,700
Land market value
$151,700
Total market value
$151,700
Applied tax rate
1,848.0000
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
For Sale
Heating
NONE
Lot
1.16 ac (50,593 SF)
Zoning code
B
APN
322104-9040
UPID
US90-1998481
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
B · Milton, WA
Zoning B · permitted uses
B · Milton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.16 ac
Current owner
From public records · entity-resolved
City Management Consulting LLC
Entity
Free & Clear · 4 yrs held
Mailing address
24913 104TH AVE SE, KENT, WA 98030-6442
Ownership since
2021
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
Aug 3, 2021
$35,000
City Management Consulting LLC
Apartment Associates Of Pierce Cnty
Warranty Deed
—
Jun 30, 2016
$113,800
Apartment Assocs Of Pierce Cnty L
Jessie James Investments LLC
Warranty Deed
$113,800 · Jessie James Investments LLC
Sep 26, 2007
$250,000
Jessie James Investments LLC
Morella Affari LLC
Warranty Deed
—
Nov 2, 2006
$110,000
Morella Affari LLC
Mcconnell,daniel F & Gail D
Warranty Deed
—
May 23, 2002
$60,000
Daniel F Mcconnell
Peery,rick & Donna
Grant Deed
$51,554 · Fife Commercial Bank
Jan 5, 2000
$33,000
Rick A Peery
Greiner,robert W & Sandra G
Grant Deed
$25,000 · Seller
May 2, 1994
$3,000
Robert W Greiner
Mahaffie,phillip
Quit Claim 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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