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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Grocery and convenience stores
214 4th Ave, Pasco, WA 99301-5323
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-0058273
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1957
Total area
7,700 SF
Lot
0.48 ac (20,909 SF)
APN
112053288
UPID
US90-0058273
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
-
El Dorado Night Club Nightclub DJ & Entertainment
-
Primo Water Refill Big Box & Wholesale Store
-
Carnicería La Barata Grocery & Convenience Store Food Market
-
La Villa Meat Market Grocery & Convenience Store Food Market
-
Golden Nugget Night Club Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$540k
Owner & transaction history
Socorro E Lopez · 1 yrs held
Socorro E Lopez
since 2024
Last sale
$669,000
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$525,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $669k (Aug 31 2022)
Last sale anchor
$669k
Aug 31 2022
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
$70 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,270
Tax year 2021
Assessed value
$651,400
Assessed 2023
Previous assessed
$368,900
+76.6% YoY
Effective rate
0.66%
On assessed value
Assessed land
$149,200
Assessed improvement
$502,200
Land market value
$149,200
Improvement market value
$502,200
Total market value
$651,400
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1957
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
7,700 SF
Lot
0.48 ac (20,909 SF)
APN
112053288
UPID
US90-0058273
Jurisdiction
FRANKLIN
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
1957
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Socorro E Lopez
Individual
Free & Clear · 1 yrs held
Mailing address
2815 W WILCOX DR, PASCO, WA 99301-3228
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
$100,000
Socorro E Lopez
Jose Chavez
Quitclaim Deed
related
—
Oct 15, 2024
—
Socorro E Lopez
Alma L Ramirez
Quitclaim Deed
related
—
Aug 8, 2024
—
Alma L Ramirez
Alma L Ramirez
Deed
related
—
Aug 31, 2022
—
Lorena Araiza Figueroa
Carlos Gabriel Farias
Quit Claim Deed
related
—
Aug 31, 2022
$669,000
Lorena Araiza Figueroa
La Mas Barata Properties LLC
Warranty Deed
$569,000 · La Mas Barata Properties LLC
Aug 9, 2021
$187,000
Jorge Ramirez
Jose Chavez
Quitclaim Deed
related
—
Apr 4, 2006
—
La Mas Barata Properties LLC
Orozco,joel & Ruby
Warranty Deed
—
Sep 1, 2004
$190,000
Joel Orozco
Deep Ents INC
Warranty Deed
—
Apr 26, 2002
$170,000
Deep Enterprises INC
Eller,lyle A
Grant Deed
$252,519 · Lyle A Eller
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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