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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Grocery and convenience stores
10545 Carr Rd Renton, WA 98055-5820
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0161318
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1969
Construction
STEEL FRAME
Total area
1,440 SF
Lot
0.45 ac (19,602 SF)
Zoning code
CA
APN
322305-9237
UPID
US90-0161318
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
$945k
Owner & transaction history
King County · 2 yrs held
King County
since 2023
Last sale
$1,300
7 recorded transactions
Zoning & alternative use
CA · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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
$656 / 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
$10,418
Tax year 2022
Assessed value
$1,083,500
Assessed 2022
Previous assessed
$1,083,500
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$548,800
Assessed improvement
$534,700
Land market value
$548,800
Improvement market value
$534,700
Total market value
$1,083,500
Applied tax rate
2,128.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1969
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
1,440 SF
Lot
0.45 ac (19,602 SF)
Zoning code
CA
APN
322305-9237
UPID
US90-0161318
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CA · Renton, WA
Zoning CA · permitted uses
CA · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
King County
Entity
Free & Clear · 2 yrs held
Mailing address
201 S JACKSON ST, SEATTLE, WA 98104-3854
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$1,300
King County
Msalk 3 LLC
Warranty Deed
—
Jun 29, 2018
$800,000
Msalk 3 LLC
Seng LLC
Warranty Deed
—
Jun 13, 2016
—
Seng LLC
—
Deed
related
—
Mar 5, 2008
$1,050,000
Seng LLC
H22 INC
Warranty Deed
$1,520,000 · Unibank
Feb 26, 2001
$1,050,000
H22 INC
Hyeon,young S
Grant Deed
$892,687 · City Bank
Feb 3, 1997
$1,610,000
Young S Hyeon
Chong,mu K & Sung H
Grant Deed
$980,000 · City Bank
May 29, 1996
$900,000
Mu K Chong
Pang,tok H & Hyon S
Grant Deed
$1,100,000 · City Bank
Dec 22, 1992
$1,100,000
Tok H Pang
Reinhard
Grant Deed
—
—
—
Young S Hyeon
—
Deed Of Trust
related
$30,000 · Individual
—
—
Seng LLC
—
Deed Of Trust
related
—
—
—
Tok H Pang
—
Deed Of Trust
related
$100,000 · Tosco Northwest Co
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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