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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Grocery and convenience stores
107 1st NE St Yelm, WA 98597
Entity Owned
~
Est. High Equity
Property ID
US90-0902619
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,298 SF
Lot
0.27 ac (11,761 SF)
APN
6440-02-00400
UPID
US90-0902619
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
Current use
Occupant on record · Public records
-
Yelm Extension School High School
-
Yelm Community School Special High School
-
Yelm School District Office School District Office
-
Apex III Grocery & Deli Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Seojisu INC
Seojisu INC
since 2025
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
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 Yelm submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yelm 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$610,000
7%
$570,000
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $680k (Jul 21 2025)
Last sale anchor
$680k
Jul 21 2025
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
$177 / 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
$5,902
Tax year 2023
Assessed value
$634,700
Assessed 2022
Previous assessed
$489,600
+29.6% YoY
Effective rate
0.93%
On assessed value
Assessed land
$150,500
Assessed improvement
$484,200
Land market value
$150,500
Improvement market value
$484,200
Total market value
$634,700
Applied tax rate
170.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
3,298 SF
Lot
0.27 ac (11,761 SF)
APN
6440-02-00400
UPID
US90-0902619
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Seojisu INC
Entity
Mailing address
7408 91ST AVE CT SW, TACOMA, WA 98498-3978
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
$680,000
Seojisu INC
Ksy INC
Warranty Deed
$575,000 · Hanmi Bank
Jan 29, 2010
$580,000
Ksy INC
Joung,yong H
Warranty Deed
$750,000 · Centerbank
Aug 20, 2007
$620,000
Yong H Joung
Ms World INC
Warranty Deed
$434,000 · Saehan Bank
Aug 17, 2005
$4,109,213
Ms World INC
S Y Baik INC
Warranty Deed
$559,197 · City Bank
Mar 31, 2003
$400,000
S Y Balk INC
Lee,patrick D & Un H
Grant Deed
$595,000 · Nara Bank
Nov 17, 1997
$300,842
Patrick D Lee
D Benjamin Lee Ps
Grant Deed
related
$429,775 · Heller First Capital
Jun 29, 1993
$130,000
Young S Kim
Unknown
Grant Deed
—
—
—
Ms World INC
—
Deed Of Trust
related
$55,000 · Seung H Lee
—
—
Jin W Kim
—
Deed Of Trust
related
$220,315 · North Pacific Bank
—
—
Jin Wu Kim
—
Deed Of Trust
related
$50,000 · North Pacific Bank
—
—
Jin Kim
—
Deed Of Trust
related
$50,000 · First Community Bank Washingto
—
—
Jin W Kim
—
Deed Of Trust
related
$38,747 · North Pacific 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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