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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
12660 1st S Ave Seattle, WA 98168-2617
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-1531534
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Construction
WOOD
Total area
2,158 SF
Lot
0.47 ac (20,406 SF)
Zoning code
CN
APN
144680-0380
UPID
US90-1531534
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
-
ATM (Burien Mini Mart) Grocery & Convenience Store
-
Burien Mini Mart Grocery & Convenience Store
-
76 Gas Station
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
Juns Investment INC · 19 yrs held
Juns Investment INC
since 2007
7 recorded transactions
Zoning & alternative use
CN · Seattle, WA
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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$20,816
Tax year 2022
Assessed value
$817,400
Assessed 2022
Previous assessed
$817,400
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$387,700
Assessed improvement
$429,700
Land market value
$387,700
Improvement market value
$429,700
Total market value
$817,400
Applied tax rate
960.0000
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
1965
Construction
WOOD
Heating
HEAT PUMP
Cooling
REFRIGERATOR
Stories
1
Total area
2,158 SF
Lot
0.47 ac (20,406 SF)
Zoning code
CN
APN
144680-0380
UPID
US90-1531534
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CN · Seattle, WAZoning CN · permitted uses
CN · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Municipal Code
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Juns Investment INC
Entity
Mailing address
12660 1ST AVE S, BURIEN, WA 98168-2617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2020
—
Juns Investment INC
—
Deed
related
$120,000 · Phillips 66 Co
Jun 19, 2019
—
Juns Investment INC
—
Deed
related
$93,067 · Kitsap Bk
Jun 16, 2017
—
Juns Investment INC
—
Deed
related
$81,700 · Kitsap Bank
May 10, 2016
—
Juns Investment INC
—
Deed
related
$50,000 · Kitsap Bank
Jun 27, 2007
$600,000
Juns Investment INC
Silver Lake Ventures II INC
Warranty Deed
$823,509 · Pacific International Bank
Jan 12, 2004
$800,000
Silver Lake Ventures II INC
Abc-pacific Corp
Grant Deed
$792,500 · Temecula Valley National Bank
—
—
Juns Investment INC
—
Loan Modification
related
$93,067 · Kitsap Bk
—
—
Juns Investment INC
—
Deed Of Trust
related
$120,000 · Phillips 66 Co
—
—
Juns Investment INC
—
Loan Modification
related
$695,720 · Bbu 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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