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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Grocery and convenience stores
10951 State Hwy 104 Kingston, WA 98346-9571
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1719117
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Total area
2,705 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C
APN
262702-4-002-2003
UPID
US90-1719117
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
$480k
CAP Approach
CAP
$970k
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$730k
Owner & transaction history
Djk 64 Corp · 8 yrs held
Djk 64 Corp
since 2018
7 recorded transactions
Zoning & alternative use
C · Kingston, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+76.1%
Retail stores
$745,000
+7.9%
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Current use
COMMERCIAL (GENERAL)
$1,215,000
Change: +76% · Conversion: Easy
RETAIL STORES
$745,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$675,000
Change: -2% · Conversion: Moderate
MEDICAL BUILDING
$655,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$555,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
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
$270 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$21,267
Tax year 2024
Assessed value
$2,456,630
Assessed 2024
Previous assessed
$2,434,490
+0.9% YoY
Effective rate
0.87%
On assessed value
Assessed land
$428,780
Assessed improvement
$2,027,850
Land market value
$428,780
Improvement market value
$2,027,850
Total market value
$2,456,630
Applied tax rate
4,230.0000
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
1999
Heating
YES
Stories
1
Total area
2,705 SF
Lot
1.59 ac (69,260 SF)
Zoning code
C
APN
262702-4-002-2003
UPID
US90-1719117
Jurisdiction
KITSAP
Zoning & alternative use
C · Kingston, WA
Zoning C · permitted uses
C · Kingston, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$745,000
OFFICE BUILDING
Est. value
$675,000
MEDICAL BUILDING
Est. value
$655,000
WAREHOUSE, STORAGE
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1999
Heating
YES
Stories
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
Djk 64 Corp
Entity
Mailing address
10951 NE STATE HWY 104, KINGSTON, WA 98346-9571
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2018
$2,200,000
Djk 64 Corp
Young Joon Corp
Warranty Deed
$1,700,000 · Unibank
Mar 29, 2010
$1,780,000
Young Joon Corp
Faskco INC
Warranty Deed
$1,674,000 · Pacific International Bank
May 15, 1990
$200,000
W M Sterry
Unknown
Grant Deed
—
—
—
Lakha Investment Co LLC
—
Deed Of Trust
related
$850,000 · Us Bank
—
—
Lakha Investment Co
—
Deed Of Trust
related
$580,000 · Atlantic Richfield Co
—
—
Faskco INC
—
Deed Of Trust
related
$1,000,000 · Cascade Bank
—
—
Faskco INC
—
Deed Of Trust
related
$1,300,000 · Homestreet Bank
—
—
Lakha Investment Co
—
Deed Of Trust
related
$580,000 · Atlantic Richfield Co
—
—
Lakha Investment Co LLC
—
Deed Of Trust
related
$850,000 · Us Bank
—
—
Young Joon Corp
—
Deed Of Trust
related
$50,000 · Seattle Economic Dev Fund
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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