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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Grocery and convenience stores
21600 Clear Lk SE Blvd Yelm, WA 98597-9030
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1375468
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1970
Construction
WOOD FRAME
Total area
3,464 SF
Lot
0.88 ac (38,333 SF)
APN
4118-00-19500
UPID
US90-1375468
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
-
Clearwood Market & Deli Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$800k
Owner & transaction history
Jjj Seo Corporation · 4 yrs held
Jjj Seo Corporation
since 2022
Last sale
$900,000
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 Yelm submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yelm 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
$780,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$645,000
7%
$595,000
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $900k (May 23 2022)
Last sale anchor
$900k
May 23 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
$231 / 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
$6,255
Tax year 2023
Assessed value
$681,800
Assessed 2022
Previous assessed
$474,100
+43.8% YoY
Effective rate
0.92%
On assessed value
Assessed land
$92,000
Assessed improvement
$589,800
Land market value
$92,000
Improvement market value
$589,800
Total market value
$681,800
Applied tax rate
225.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,464 SF
Lot
0.88 ac (38,333 SF)
APN
4118-00-19500
UPID
US90-1375468
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
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Jjj Seo Corporation
Entity
Ownership since
2022
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
May 23, 2022
$900,000
Jjj Seo Corporation
Yong Hwa Kim
Warranty Deed
$1,576,000 · Hanmi Bank
Sep 4, 2015
$859,269
Yong Hwa Kim
Myung Shin Cho
Warranty Deed
$1,128,000 · Wilshire Bank
Apr 29, 2005
—
Myung S Cho
Cho,jonathan R
Quit Claim Deed
related
—
Apr 29, 2005
$670,000
Jonathan R Cho
Roberts,earl J & Linda J
Warranty Deed
$625,000 · Key Bank NA
Mar 30, 2004
—
Earl J Roberts
Walker,betty A Est
Grant Deed
$360,000 · Key Bank NA
—
—
Betty A Walker
—
Deed Of Trust
related
$161,000 · Key Bank NA
—
—
Betty A Walker
—
Deed Of Trust
related
$74,075 · Key Bank NA
—
—
Betty A Walker
—
Deed Of Trust
related
$84,099 · Key Bank NA
—
—
Earl J Roberts
—
Deed Of Trust
related
$100,000 · Key Bank NA
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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