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Property profile & analytics
OFF-MARKET
Estimated value
$4,195,000
Retail space
14246 176th St, Renton, WA 98058-8787
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-1454716
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
21,847 SF
Lot
2.35 ac (102,291 SF)
Zoning code
CB
APN
272305-9015
UPID
US90-1454716
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
by Request
CAP Approach
CAP
$5.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Gri Fairwood LLC · 8 yrs held
Gri Fairwood LLC
since 2018
7 recorded transactions
Zoning & alternative use
CB · Renton, 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 Renton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Renton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,430,000
6.5%
$5,010,000
7%
$4,655,000
Blend value · Realmo final
$4.20M
Range $3.78M – $4.61M · ±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
$192 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$89,314
Tax year 2022
Assessed value
$7,580,700
Assessed 2022
Previous assessed
$7,580,700
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,171,000
Assessed improvement
$4,409,700
Land market value
$3,171,000
Improvement market value
$4,409,700
Total market value
$7,580,700
Applied tax rate
5,162.0000
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
1988
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
21,847 SF
Lot
2.35 ac (102,291 SF)
Zoning code
CB
APN
272305-9015
UPID
US90-1454716
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Renton, WA
Zoning CB · permitted uses
CB · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Renton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Gri Fairwood LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4350 EW HWY STE #400, BETHESDA, MD 20814-4426
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2018
—
Gri Fairwood LLC
—
Grant Deed
related
$39,625,000 · Miscellaneous Ins Co
Jan 9, 2018
$77,500,000
Gri Fairwood LLC
Trc Fairwood Shopping Center L
Grant Deed
—
Oct 8, 2013
—
Trc Fairwood Shopping Center L
Terramar Retail Centers LLC
Grant Deed
$43,000,000 · Prudential Insurance Co Americ
Jan 14, 2004
—
Gms Realty LLC
—
Deed Of Trust
related
$18,590,000 · Nationwide Life Insurance Co
May 22, 2001
—
Gms Realty LLC
—
Deed Of Trust
related
$250,000,000 · Wells Fargo Bank
Dec 15, 2000
$23,850,000
Gms Realty LLC
Ct Retail Properties Finance
Grant Deed
related
—
Aug 5, 1999
—
Ct Retail Properties Finance
—
Deed Of Trust
related
$11,500,000 · First Union National Bank
Jun 2, 1999
—
Ct Retail Properties Finance
—
Deed Of Trust
related
$6,000,000 · First Union National Bank
May 26, 1999
—
Ct Retail Properties Finance
Ct Operating Partnership LP
Deed Of Trust
related
$14,500,000 · First Union National Bank
May 18, 1998
$19,200,000
Alexander Haagen Properties
G I R Properties
Grant Deed
related
—
—
—
Corry L Snyder
—
Deed Of Trust
related
$124,000 · Mortgage Authority INC
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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