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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Grocery and convenience stores
125 Government Rd, Mattawa, WA 99349
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1141254
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1978
Total area
10,100 SF
APN
30283000
UPID
US90-1141254
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
$1.78M
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.67M
Owner & transaction history
Mattawa Commercial LLC · 5 yrs held
Mattawa Commercial LLC
since 2021
Last sale
$2.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+93.5%
Commercial (general)
$1.2M
+35.2%
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 Mattawa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mattawa 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
$1,655,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
$1,525,000
6.5%
$1,410,000
7%
$1,310,000
Alternative Use
Use
Estimation
RESTAURANT
$1,720,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,200,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±10% · vs last sale $2.10M (Mar 4 2021)
Last sale anchor
$2.10M
Mar 4 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
$165 / 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
Property tax & assessments
Assessed value
$1,385,552
Assessed 2023
Previous assessed
$964,045
+43.7% YoY
Assessed land
$21,750
Assessed improvement
$1,363,802
Land market value
$21,750
Improvement market value
$1,363,802
Total market value
$1,385,552
Applied tax rate
73.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1978
Heating
NONE
Total area
10,100 SF
APN
30283000
UPID
US90-1141254
Jurisdiction
GRANT
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
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
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
1978
Heating
NONE
Current owner
From public records · entity-resolved
Mattawa Commercial LLC
Entity
Mailing address
405 NAVAL AVE, BREMERTON, WA 98312-4047
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
$2,100,000
Mattawa Commercial LLC
Mehtabs LLC
Warranty Deed
$2,733,400 · Celtic Bank Corporation
Jun 18, 2019
—
Mahtabs LLC
—
Deed
related
$1,125,000 · Columbia State Bank
May 31, 2017
$865,000
Mehtabs LLC
Sunstar Dev LLC
Warranty Deed
$2,000,000 · Gp LLC
Aug 22, 2007
$460,000
Sunstar Dev LLC
Mellinger,cecil W & Eileen
Warranty Deed
$300,000 · Cecil W & Eileen Mellinger
—
—
Sunstar Dev LLC
—
Deed Of Trust
related
$100,000 · Unibank
—
—
Sunstar Dev LLC
—
Deed Of Trust
related
$296,700 · Unibank
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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