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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Warehouses
Brush Prairie, WA 98606
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-2372968
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
STEEL FRAME
Total area
12,520 SF
Lot
1.49 ac (64,904 SF)
Zoning code
CR-2 : CLK
APN
118990-000
UPID
US90-2372968
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
$2.50M
CAP Approach
CAP
$1.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
Altium Packaging LP · 3 yrs held
Altium Packaging LP
since 2022
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.9M
+155.0%
Restaurant
$3.7M
+145.1%
Neighborhood: shopping center
$3.5M
+127.8%
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 Brush Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brush Prairie 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
$2,500,000
ML approach
$2,495,000
CAP Approach
CAP Return
Estimation
6%
$2,080,000
6.5%
$1,920,000
7%
$1,785,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,525,000
Current use
RETAIL STORES
$3,890,000
Change: +155% · Conversion: Moderate
RESTAURANT
$3,735,000
Change: +145% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,475,000
Change: +128% · Conversion: Moderate
MEDICAL BUILDING
$3,360,000
Change: +120% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,045,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,470,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,425,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±10% · vs last sale $2.80M (Aug 4 2022)
Last sale anchor
$2.80M
Aug 4 2022
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
$200 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,647
Tax year 2023
Assessed value
$703,100
Assessed 2023
Previous assessed
$639,200
+10.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$408,375
Assessed improvement
$294,725
Land market value
$408,375
Improvement market value
$294,725
Total market value
$703,100
Applied tax rate
10,245.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
12,520 SF
Lot
1.49 ac (64,904 SF)
Zoning code
CR-2 : CLK
APN
118990-000
UPID
US90-2372968
Jurisdiction
CLARK
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Zoning CR-2 : CLK · permitted uses
CR-2 : CLK · Brush Prairie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brush Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$3.9M
RESTAURANT
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1973
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Altium Packaging LP
Entity
Free & Clear · 3 yrs held
Mailing address
2500 WINDY RDG PKWY SE, ATLANTA, GA 30339-5677
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$2,800,000
Altium Packaging LP
Raa 2010 LLC
Warranty Deed
—
Sep 27, 2011
—
Raa 2010 LLC
—
Deed Of Trust
related
$2,200,000 · Rabo Agrifinance INC
Jun 30, 2010
$1,100,000
Raa 2010 LLC
Bpo LLC
Warranty Deed
$122,147 · Gladys Sinclair
May 25, 2006
$600,000
Caples Crossing LLC
Bpo LLC
Warranty Deed
$450,000 · Riverview Community Bank
Aug 28, 2002
$697,400
Bpo LLC
Centex Harvest States Corp
Grant Deed
$523,000 · Riverview Community 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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