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Property profile & analytics
OFF-MARKET
Retail space
11717 State Rte 302nd NW 14 Gig Harbor, WA 98329-7223
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0595645
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
WOOD FRAME
Total area
600 SF
Lot
2.11 ac (91,868 SF)
Zoning code
RNC
APN
122212038
UPID
US90-0595645
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
Purdy Liquor Market LLC · 6 yrs held
Purdy Liquor Market LLC
since 2020
Last sale
$455,000
7 recorded transactions
Zoning & alternative use
RNC · Gig Harbor, 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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,568
Tax year 2024
Assessed value
$366,500
Assessed 2024
Previous assessed
$366,500
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$170,800
Assessed improvement
$195,700
Land market value
$170,800
Improvement market value
$195,700
Total market value
$366,500
Applied tax rate
471.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Buildings
2
Stories
1
Units
1
Total area
600 SF
Lot
2.11 ac (91,868 SF)
Zoning code
RNC
APN
122212038
UPID
US90-0595645
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RNC · Gig Harbor, WA
Zoning RNC · permitted uses
RNC · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Purdy Liquor Market LLC
Entity
Mailing address
8302 131ST ST NW, GIG HARBOR, WA 98329-8617
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2020
$455,000
Purdy Liquor Market LLC
Csp Properties LLC
Warranty Deed
$386,700 · Seacoast Commerce Bank
Jan 17, 2020
—
Csp Properties LLC
—
Deed
related
$55,000 · Mavi Macfarlane
Dec 30, 2019
—
Csp Properties LLC
Stephen Philips
Quit Claim Deed
related
$245,000 · Kitsap Cu
Jul 22, 2019
$430,000
Stephen Phillips
Macfarlane,mavi
Warranty Deed
$330,000 · Mavi Macfarlane
May 29, 2019
—
Mavis Macfarlane
—
Deed
related
$126,667 · Carmen & Teri Comstock
Dec 31, 2018
—
Mavis Macfarlane
Ashe,elizabeth
Quit Claim Deed
related
—
Oct 29, 2018
—
Elizabeth Ashe
Macfarlane,mavi
Quit Claim Deed
related
—
Oct 11, 2016
—
Mavis Macfarlane
—
Deed
related
$250,000 · Kitsap Bk
May 13, 2016
—
Peninsula Commercial Ctr LLC
—
Deed
related
$50,000 · Laurel Dennis
Jan 20, 2016
—
Mavi Macfarlane
Peninsula Commercial Center Ll
Quit Claim Deed
related
—
Jul 17, 2015
—
Peninsula Commercial Center Ll
—
Trustees Deed
related
$86,000 · Laurel Dennis
Jan 26, 2015
—
Peninsula Commercial Center Ll
—
Trustees Deed
related
$61,500 · Jeanne Weston
Dec 9, 2014
—
Pennisula Commercial Center Ll
—
Trustees Deed
related
$85,000 · Dale & Lynette Bisceglia
Oct 30, 2008
—
Peninsula Commercial Center LLC
Elizabeth L Ashe
Quit Claim Deed
related
$210,000 · Kitsap Cu
Oct 31, 2007
$100,000
Elizabeth L Ashe
Ashe,elizabeth L
Warranty Deed
related
—
Dec 29, 2006
$287,000
Elizabeth L Ashe
Perna,michael A
Warranty Deed
$90,000 · Michael A Perna
Jul 29, 2005
$400,000
Elizabeth L Ashe
Thomas,john L & Terry L
Grant Deed
—
Apr 22, 2004
$175,000
John L Thomas
Bendick,jeffrey C & Shirley S W
Warranty Deed
$131,000 · Columbia State Bank
May 14, 2002
$40,000
Shirley S Bendick
Yi,kyong H & Ki C
Grant Deed
$40,000 · Kitsap Bank
Aug 2, 2000
$183,700
Kyong H Yi
Mulholland,gary W & Kathryn M
Grant Deed
$128,590 · Key Bank NA
Oct 28, 1991
$285,000
Brookside Restaurant
Unknown
Grant Deed
—
—
—
Csp Properties LLC
—
Deed Of Trust
related
$55,000 · Mavi Macfarlane
—
—
Mavis Macfarlane
—
Deed Of Trust
related
$126,667 · Carmen & Teri Comstock
—
—
John L Thomas
—
Deed Of Trust
related
$100,000 · Elizabeth L Ashe
—
—
Peninsula Commercial Ctr LLC
—
Deed Of Trust
related
$50,000 · Laurel Dennis
—
—
Mavis Macfarlane
—
Deed Of Trust
related
$250,000 · Kitsap Bk
—
—
Elizabeth L Ashe
—
Deed Of Trust
related
$202,000 · Westsound 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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