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Property profile & analytics
OFF-MARKET
Commercial real estate
1103 Simpson Ave Mccleary, WA 98557
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3027698
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
12,850 SF
Lot
1.07 ac (46,609 SF)
APN
618051421006
UPID
US90-3027698
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
Elma 3 Mini Storage LLC · 4 yrs held
Elma 3 Mini Storage LLC
since 2021
Last sale
$11.5M
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 Mccleary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mccleary 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,833
Tax year 2023
Assessed value
$1,564,010
Assessed 2022
Previous assessed
$728,770
+114.6% YoY
Effective rate
0.88%
On assessed value
Assessed land
$98,410
Assessed improvement
$1,465,600
Land market value
$98,410
Improvement market value
$1,465,600
Total market value
$1,564,010
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
12,850 SF
Lot
1.07 ac (46,609 SF)
APN
618051421006
UPID
US90-3027698
Jurisdiction
GRAYS HARBOR
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
2007
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Elma 3 Mini Storage LLC
Entity
Mailing address
9519 4TH ST NE, LAKE STEVENS, WA 98258-1631
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$11,500,000
Elma 3 Mini Storage LLC
Easy Storage Mccleary INC
Warranty Deed
—
Dec 28, 2021
—
Michael Bleakney
Suwimon Lookintubtim
Quit Claim Deed
related
$1,500,000 · Cp Hilltop Limited LP
Aug 20, 2020
—
Easy Storage Mccleary INC
—
Deed
related
$1,100,000 · Bank Of The Pacific
Jul 3, 2018
—
Easy Storage Mccleary INC
—
Deed
related
$150,000 · Timberland Bank
Nov 1, 2012
—
Easy Storage Mccleary INC
—
Deed Of Trust
related
$1,932,947 · Bank Of The Pacific
Oct 25, 2012
—
Easy Storage Mccleary INC
Birindelli,larry & Stacy
Quit Claim Deed
related
—
Oct 25, 2006
$85,000
Larry Birindelli
Nw Devco INC
Warranty Deed
$83,000 · Jerrie & Sally Eaton
Jun 21, 2005
$55,000
Nw Devco INC
Yuan,gang
Grant Deed
$60,000 · Jerrie & Sally Eaton
Oct 5, 2004
—
Zhiming Mei
Yaun,gang
Quit Claim Deed
related
—
—
—
Gang Yuan
—
Deed Of Trust
related
$38,000 · Discover Bank
—
—
Larry Birindelli
—
Deed Of Trust
related
$2,085,000 · Bank Of The Pacific
—
—
Easy Storage Mccleary INC
—
Deed Of Trust
related
$830,000 · Bank Of The Pacific
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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