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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
12404 42nd S Ave Tukwila, WA 98168-2526
Individually Owned
4-yr Hold
Free & Clear
Property ID
US90-1393455
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.23 ac (10,000 SF)
Zoning code
RCC
APN
017900-3238
UPID
US90-1393455
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) 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
Ivy Harris · 4 yrs held
Ivy Harris
since 2022
2 recorded transactions
Zoning & alternative use
RCC · Tukwila, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Chapter 18.20 RESIDENTIAL COMMERCIAL CENTER (RCC) DISTRICT Chapter 18.20 RESIDENTIAL COMMERCIAL CENTER (RCC) DISTRICT § 18.20.010 Purpose. § 18.20.020 Land Uses Allowed. § 18.20.030 On-Site Hazardous Substances. § 18.20.040 Design Review.
Zone name
Residential Commercial Center
General category
COMMERCIAL
Zone area
5.78 ac
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 Tukwila submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tukwila 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,019
Tax year 2022
Assessed value
$435,500
Assessed 2022
Previous assessed
$435,500
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$300,000
Assessed improvement
$135,500
Land market value
$300,000
Improvement market value
$135,500
Total market value
$435,500
Applied tax rate
2,408.0000
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
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
2
Stories
1
Total area
2,400 SF
Lot
0.23 ac (10,000 SF)
Zoning code
RCC
APN
017900-3238
UPID
US90-1393455
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RCC · Tukwila, WAZoning RCC · permitted uses
RCC · Tukwila, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Chapter 18.20 RESIDENTIAL COMMERCIAL CENTER (RCC) DISTRICT Chapter 18.20 RESIDENTIAL COMMERCIAL CENTER (RCC) DISTRICT § 18.20.010 Purpose. § 18.20.020 Land Uses Allowed. § 18.20.030 On-Site Hazardous Substances. § 18.20.040 Design Review.
Zone name
Residential Commercial Center
General category
COMMERCIAL
Zone area
5.78 ac
Building & site characteristics
From public records
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
1
Buildings
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ivy Harris
Individual
Free & Clear · 4 yrs held
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Ivy Harris
Harris & Suckie Properties LLC
Intrafamily Transfer
related
—
Jun 10, 2014
—
Harris & Suckie Properties LLC
Harris,croswell S & Ivy
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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