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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Grocery and convenience stores
125 4th St Deer Park, WA 99006
Individually Owned
Free & Clear
Property ID
US90-1626405
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1943
Total area
3,476 SF
Lot
1.05 ac (45,550 SF)
APN
28031.0505
UPID
US90-1626405
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
-
Conoco Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Jennifer Newton
Jennifer Newton
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$555,000
+313.9%
Office building
$445,000
+234.0%
Warehouse, storage
$440,000
+227.7%
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 Deer Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deer Park 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
$685,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
RETAIL STORES
$555,000
Change: +314% · Conversion: Easy
OFFICE BUILDING
$445,000
Change: +234% · Conversion: Moderate
WAREHOUSE, STORAGE
$440,000
Change: +228% · Conversion: Difficult
COMMERCIAL (GENERAL)
$385,000
Change: +188% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$180 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,853
Tax year 2023
Assessed value
$760,880
Assessed 2024
Previous assessed
$739,380
+2.9% YoY
Effective rate
0.90%
On assessed value
Assessed land
$113,880
Assessed improvement
$647,000
Land market value
$113,880
Improvement market value
$647,000
Total market value
$760,880
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1943
Heating
NONE
Cooling
YES
Buildings
4
Stories
2
Bathrooms
2
Total area
3,476 SF
Lot
1.05 ac (45,550 SF)
APN
28031.0505
UPID
US90-1626405
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
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
RETAIL STORES
Est. value
$555,000
OFFICE BUILDING
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$385,000
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1943
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Bathrooms
2
Lot
1.05 ac
Current owner
From public records · entity-resolved
Jennifer Newton
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 941, DEER PARK, WA 99006-0941
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Morning Star International Corp INC
—
Deed
related
$274,000 · Coleman Oil Company LLC
Nov 25, 2025
—
Jennifer Newton
Morning Star International INC
Warranty Deed
—
Aug 17, 2021
—
Morning Star International Corp INC
Levi Smith
Quit Claim Deed
related
—
Feb 11, 2010
—
Levi Smith
Martin,larry L & Linda L
Quit Claim Deed
related
—
Jan 5, 2007
$627,000
Larry L Martin
Smith,levi
Warranty Deed
$800,000 · Morning Star Int'l Corp INC
Jan 5, 2007
—
Levi Smith
Smith,malinee
Quit Claim Deed
related
—
Jan 5, 2007
$100,000
Levi Smith
Daugherty,ralph & Agnes
Warranty Deed
—
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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