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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
18116 State Rte 410th E Bonney Lake, WA 98391-8501
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-0888890
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,600 SF
Lot
1.17 ac (50,791 SF)
Zoning code
C2
APN
520321051
UPID
US90-0888890
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Dragon Petroleum LLC · 5 yrs held
Dragon Petroleum LLC
since 2020
7 recorded transactions
Zoning & alternative use
C2 · Bonney Lake, 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 Bonney Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonney Lake 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
$197 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$24,880
Tax year 2024
Assessed value
$2,450,900
Assessed 2024
Previous assessed
$2,450,900
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$1,584,700
Assessed improvement
$866,200
Land market value
$1,584,700
Improvement market value
$866,200
Total market value
$2,450,900
Applied tax rate
35.0000
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 (W/FUEL PUMP)
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
1
Total area
3,600 SF
Lot
1.17 ac (50,791 SF)
Zoning code
C2
APN
520321051
UPID
US90-0888890
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Bonney Lake, WA
Zoning C2 · permitted uses
C2 · Bonney Lake, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bonney Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Dragon Petroleum LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6360 NW 9TH AVE, DORAL, FL 33178
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Benny Im INC
—
Deed
related
$1,200,000 · Bp Products North America INC
Aug 6, 2020
—
Dragon Petroleum LLC
Harbor Olympic Land LLC
Deed In Lieu Of Foreclosure
—
Dec 5, 2016
—
Harbor Olympic Land LLC
—
Trustees Deed
related
$16,000,000 · Private Individual
Dec 14, 2012
—
Harbor Olympic Land LLC
—
Deed Of Trust
related
$2,400,000 · Ipc (usa) INC
Sep 23, 2009
$2,155,100
Harbor Olympic Land LLC
Bp West Coast Products LLC
Special Warranty Deed
$19,000,000 · United Central Bank
Feb 14, 2002
—
Bp West Coast Products LLC
Atlantic Richfield Co
Grant Deed
related
—
Dec 26, 1990
$247,500
Atlantic Richfield Co
Unknown
Grant Deed
—
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.
Try Rey
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