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Property profile & analytics
OFF-MARKET
Retail space
11916 Military SW Rd, Lakewood, WA 98498-2740
Entity Owned
~
Est. High Equity
Property ID
US90-1093074
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
WOOD FRAME
Total area
3,499 SF
Lot
0.33 ac (14,400 SF)
Zoning code
R4
APN
5005002491
UPID
US90-1093074
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
-
Brunson's Market Grocery & Convenience Store
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
U Khara INC
U Khara INC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R4 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$4,858
Tax year 2024
Assessed value
$394,400
Assessed 2024
Previous assessed
$394,400
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$338,100
Assessed improvement
$56,300
Land market value
$338,100
Improvement market value
$56,300
Total market value
$394,400
Applied tax rate
760.0000
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
1949
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Total area
3,499 SF
Lot
0.33 ac (14,400 SF)
Zoning code
R4
APN
5005002491
UPID
US90-1093074
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Lakewood, WA
Zoning R4 · permitted uses
R4 · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
U Khara INC
Entity
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
$1,100,000
U Khara INC
2022 Triple 7 LLC
Warranty Deed
—
Sep 30, 2025
$1,100,000
U Khara INC
2022 Triple 7 LLC
Warranty Deed
$1,900,000 · Us Metro Bank
Aug 13, 2024
—
2022 Triple 7 LLC
—
Deed
related
$584,000 · Us Bank NA
Jun 3, 2024
$730,000
2022 Triple 7 LLC
Leroy Unchin
Warranty Deed
$584,000 · Us Bank NA
Aug 30, 2011
—
Leroy Unchin
Leroy,david P
Quit Claim Deed
related
—
Aug 5, 2011
—
Leroy Unchin
Leroy,david P
Quit Claim Deed
related
—
Oct 27, 1998
$417,078
David P Leroy
Jun,ki C & Do S
Grant Deed
—
Jul 29, 1997
$600,000
Ki C Kim
Kim,hong C & Eileen C
Grant Deed
related
$450,000 · North Pacific Bank
Mar 2, 1993
$300,000
Hong C Kim
Unknown
Grant Deed
$243,000 · City Bank
—
—
David P Leroy
—
Deed Of Trust
related
$294,991 · North Pacific Bank
—
—
Un C Leroy
—
Deed Of Trust
related
$166,862 · Banner Bank
—
—
Chin Leroy Un
—
Deed Of Trust
related
$287,137 · Olympic Bank
—
—
Un C Leroy
—
Deed Of Trust
related
$195,000 · Banner 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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