Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Strip malls
11264 State Hwy 104 Kingston, WA 98346
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0599882
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
4,578 SF
Lot
0.09 ac (3,920 SF)
Zoning code
UVC
APN
4316-006-001-0007
UPID
US90-0599882
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
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.10M
Owner & transaction history
Kingpo Properties LLC · 4 yrs held
Kingpo Properties LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
UVC · Kingston, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+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
$1,135,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,170,000
Current use
RETAIL STORES
$1,260,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$1,140,000
Change: -2% · Conversion: Moderate
MEDICAL BUILDING
$1,110,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$935,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.00M (Aug 20 2021)
Last sale anchor
$1.00M
Aug 20 2021
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
$239 / 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
$7,573
Tax year 2024
Assessed value
$874,750
Assessed 2024
Previous assessed
$874,750
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$71,340
Assessed improvement
$803,410
Land market value
$71,340
Improvement market value
$803,410
Total market value
$874,750
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
YES
Buildings
2
Stories
2
Total area
4,578 SF
Lot
0.09 ac (3,920 SF)
Zoning code
UVC
APN
4316-006-001-0007
UPID
US90-0599882
Jurisdiction
KITSAP
Zoning & alternative use
UVC · Kingston, WAZoning UVC · permitted uses
UVC · Kingston, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1990
Heating
YES
Stories
2
Buildings
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Kingpo Properties LLC
Entity
Mailing address
PO BOX 1159, KINGSTON, WA 98346-1159
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
$1,000,000
Kingpo Properties LLC
Karen D Ross
Warranty Deed
—
Feb 2, 1996
—
Karen Ross
Xenos,emmanuel J & Arlene A
Quit Claim Deed
related
—
Apr 14, 1995
$425,000
Karen D Ross
Xenos,emmanuel J & Arlene A
Grant Deed
$25,000 · Seller
Jul 3, 1991
—
Emmanuel Xenos
Unknown
Quit Claim Deed
related
—
—
—
Karen D Ross
—
Deed Of Trust
related
$40,677 · American Marine Bank
—
—
Richard V Nowak
—
Deed Of Trust
related
$40,000 · American Marine Bank
—
—
Karen D Orss
—
Deed Of Trust
related
$164,885 · Kitsap Bank
—
—
Karen D Ross
—
Deed Of Trust
related
$167,000 · American Marine 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11264 State Hwy 104?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
