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Property profile & analytics
OFF-MARKET
Office buildings
207 Binghampton SE St Rainier, WA 98576-9001
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-1684689
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Construction
WOOD FRAME
Total area
1,224 SF
Lot
0.16 ac (6,970 SF)
APN
6300-39-00100
UPID
US90-1684689
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
-
Shell Gas Station
-
Deathly Hallows Tattoo Co Tattoo & Piercing Shop
-
Rainier Market Grocery & Convenience Store Food Market
-
Rainier Pizza & Espresso Restaurant
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cc Rainier Properties LLC · 2 yrs held
Cc Rainier Properties LLC
since 2023
7 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 Rainier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rainier 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
—
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
$1,872
Tax year 2023
Assessed value
$209,900
Assessed 2022
Previous assessed
$174,500
+20.3% YoY
Effective rate
0.89%
On assessed value
Assessed land
$51,000
Assessed improvement
$158,900
Land market value
$51,000
Improvement market value
$158,900
Total market value
$209,900
Applied tax rate
310.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Total area
1,224 SF
Lot
0.16 ac (6,970 SF)
APN
6300-39-00100
UPID
US90-1684689
Jurisdiction
THURSTON
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
1970
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Cc Rainier Properties LLC
Entity
Free & Clear · 2 yrs held
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2023
—
Cc Rainier Properties LLC
Douglas Cabrera
Warranty Deed
—
Mar 24, 2023
$312,000
Douglas Cabrera
Kent Rountree
Warranty Deed
$234,000 · Rocket Mortgage LLC
Oct 23, 2020
$232,000
Kent Rountree
Gehring Family Investments LLC
Warranty Deed
$225,040 · Academy Mortgage Corp
Apr 25, 2019
—
Gehrig Family Investments LLC
Superior Building Service INC
Quit Claim Deed
related
—
Nov 6, 2015
$115,000
Superior Building Services INC
Rosie,robert J & Tiffany D
Warranty Deed
$92,000 · Twinstar Cu
Jun 6, 2008
$134,554
Robert J Rosie
Palmer,bruce & Patricia
Warranty Deed
$119,000 · Security State Bank
May 16, 2008
—
Bruce Palmer
Pan Pacific Trading Co
Quit Claim Deed
related
—
May 10, 1994
—
Pan Pacific Trading Co Trust
Palmer,bruce & Patricia
Quit Claim Deed
related
—
Dec 7, 1993
$62,000
Bruce Palmer
Unknown
Grant Deed
—
Dec 27, 1988
$35,000
Beverly Beverly Dittrich
Von Auron, Roderick
Grant Deed
$30,000
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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