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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Grocery and convenience stores
2002 54th E Ave, Fife, WA 98424-1904
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0651879
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1995
Construction
WOOD FRAME
Total area
2,280 SF
Lot
0.81 ac (35,248 SF)
Zoning code
REGIONAL C
APN
320121098
UPID
US90-0651879
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
$565k
Owner & transaction history
Puyallup Tribe Of Indians · 8 yrs held
Puyallup Tribe Of Indians
since 2018
7 recorded transactions
Zoning & alternative use
REGIONAL C · Fife, 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 Fife submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fife 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
$248 / 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
Assessed value
$1,952,000
Assessed 2024
Previous assessed
$1,952,000
+0.0% YoY
Assessed land
$1,085,900
Assessed improvement
$866,100
Land market value
$1,085,900
Improvement market value
$866,100
Total market value
$1,952,000
Applied tax rate
66.0000
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
1995
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Units
1
Total area
2,280 SF
Lot
0.81 ac (35,248 SF)
Zoning code
REGIONAL C
APN
320121098
UPID
US90-0651879
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
REGIONAL C · Fife, WA
Zoning REGIONAL C · permitted uses
REGIONAL C · Fife, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fife. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Puyallup Tribe Of Indians
Individual
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2018
—
Puyallup Tribe Of Indians
Puyallup Tribe Of Indians
Quit Claim Deed
—
Apr 10, 2017
—
Puyallup Tribe Of Indians
Marine View Ventures INC
Warranty Deed
—
Jun 19, 2014
$2,300,000
Marine View Ventures INC
Gkeda LLC
Warranty Deed
—
Dec 7, 2007
$2,680,000
Gkeda LLC
One5 Fife Foodmart INC
Warranty Deed
$2,000,000 · Innovative Bank
Dec 29, 2005
$644,682
Suncor Holdings-cop II LLC
Conocophillips
Deed Of Trust
related
$104,865,329 · Istar Financial INC
Apr 3, 1992
$636,000
Bp Exploration & Oil INC
Unknown
Grant Deed
—
—
—
Gkeda LLC
—
Deed Of Trust
related
$93,000 · Tower Energy Group
—
—
One5 Fife Foodmart INC
—
Deed Of Trust
related
$350,000 · Sk & Kj 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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