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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Grocery and convenience stores
16105 182nd Ave 5, Brush Prairie, WA 98606-9765
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1584842
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Construction
CONCRETE
Total area
6,624 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CR-2 : CLK
APN
204934-000
UPID
US90-1584842
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
-
Chevron Auto Repair Shop
-
First Choice Market Grocery & Convenience Store Food Market
-
Fall in style by Autumn Hair Salon Nail Salon
-
Platinum Inc Salon & Spa Hair Salon Nail Salon
-
Amazon Locker - Recital Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
T&m Investments Of Washington LLC · 2 yrs held
T&m Investments Of Washington LLC
since 2023
2 recorded transactions
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+12.0%
Restaurant
$2.0M
+7.6%
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 Brush Prairie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brush Prairie 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%
$1,885,000
6.5%
$1,740,000
7%
$1,615,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,835,000
Current use
RETAIL STORES
$2,055,000
Change: +12% · Conversion: Easy
RESTAURANT
$1,975,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$1,775,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,610,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$206 / 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
$13,984
Tax year 2023
Assessed value
$1,619,900
Assessed 2023
Previous assessed
$1,472,600
+10.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$398,453
Assessed improvement
$1,221,447
Land market value
$398,453
Improvement market value
$1,221,447
Total market value
$1,619,900
Applied tax rate
10,055.0000
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
1992
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
1
Bathrooms
1
Total area
6,624 SF
Lot
1.11 ac (48,352 SF)
Zoning code
CR-2 : CLK
APN
204934-000
UPID
US90-1584842
Jurisdiction
CLARK
Zoning & alternative use
CR-2 : CLK · Brush Prairie, WA
Zoning CR-2 : CLK · permitted uses
CR-2 : CLK · Brush Prairie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brush Prairie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.1M
RESTAURANT
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
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
1992
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
3
Bathrooms
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
T&m Investments Of Washington LLC
Entity
Free & Clear · 2 yrs held
Mailing address
20305 NE 122ND ST, BRUSH PRAIRIE, WA 98606-7717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 7, 2023
—
T&m Investments Of Washington LLC
Walz Family Limited Partnership
Re-recorded Document
related
—
Oct 26, 2012
$1,800,000
T & M Investments Of Washington LLC
Walz Family LP
Warranty Deed
$862,500 · Riverview Community 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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