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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Grocery and convenience stores
162 Weeks Rd Lopez Island, WA 98261-5530
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-1381515
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Total area
21,512 SF
Lot
2.1 ac (91,476 SF)
APN
251541-016-000
UPID
US90-1381515
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
-
Lopez Village Market Grocery & Convenience Store Food Market
-
Lopez Island Market 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
$1.12M
Owner & transaction history
Christine Carpenter LLC · 9 yrs held
Christine Carpenter LLC
since 2017
5 recorded transactions
Zoning & alternative use
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 Lopez Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lopez Island 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
$52 / 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
$20,426
Tax year 2023
Assessed value
$3,252,480
Assessed 2022
Previous assessed
$3,086,860
+5.4% YoY
Effective rate
0.63%
On assessed value
Assessed land
$193,770
Assessed improvement
$3,058,710
Land market value
$193,770
Improvement market value
$3,058,710
Total market value
$3,252,480
Applied tax rate
445.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Heating
HEAT PUMP
Stories
1
Total area
21,512 SF
Lot
2.1 ac (91,476 SF)
APN
251541-016-000
UPID
US90-1381515
Jurisdiction
SAN JUAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Heating
HEAT PUMP
Stories
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Christine Carpenter LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 99, LOPEZ ISLAND, WA 98261-0099
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
—
Christine Carpenter LLC
—
Deed
related
$3,450,000 · Savibank
May 16, 2017
$2,491,300
Christine Carpenter LLC
Carpenterdye LLC
Quit Claim Deed
related
—
Jul 14, 2009
—
Carpenterdye LLC
Dye,christine
Quit Claim Deed
related
—
Jun 21, 2006
—
Christine E Dye
Carpenter Family
Quit Claim Deed
related
—
—
—
Carpenterdye LLC
—
Deed Of Trust
related
$4,500,000 · Islanders 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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