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Property profile & analytics
OFF-MARKET
Retail space
2200 Simpson Ave Hoquiam, WA 98550-2749
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0152697
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
STEEL FRAME
Total area
2,225 SF
Lot
0.14 ac (6,098 SF)
APN
51201500501
UPID
US90-0152697
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
-
Shirt Image Embroidery Production Facility Textile Manufacturer
-
Harbor Books (Bike/Boat/Book/etc) Store
-
Kandle and Kauldron Department Store
-
Praxis Salon Hair Salon Nail Salon
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
Maru LLC · 1 yrs held
Maru LLC
since 2024
Last sale
$150,000
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 Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,035
Tax year 2024
Assessed value
$95,665
Assessed 2023
Previous assessed
$95,665
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$25,500
Assessed improvement
$70,165
Land market value
$25,500
Improvement market value
$70,165
Total market value
$95,665
Applied tax rate
28.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,225 SF
Lot
0.14 ac (6,098 SF)
APN
51201500501
UPID
US90-0152697
Jurisdiction
GRAYS HARBOR
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
1958
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Maru LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8903 BRAVELLY LK DR, LAKEWOOD, WA 98499
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
$150,000
Maru LLC
James Dana
Warranty Deed
—
Jun 1, 2022
$275,000
James Dana
Slawomir Piskorski
Warranty Deed
—
Apr 29, 2021
$150,000
Slawomir Piskorski
Robert L Sornberger
Warranty Deed
$120,000 · Robert L Sornberger
Oct 2, 2020
$124,900
Chantal Santiago
Local Home Buyers LLC
Warranty Deed
$94,900 · Local Home Buyers LLC
Nov 14, 2019
$65,000
Local Home Buyers LLC
Arthur Jones
Warranty Deed
$50,000 · Arthur & Regina Jones
Apr 21, 2016
—
Robert L Sonnberger
Weyen,david S
Quit Claim Deed
related
—
Apr 30, 2010
—
D Scott Weyer
Weyer,janet L
Quit Claim Deed
related
—
May 11, 2009
—
D Scott Weyer
Weyer,janet L
Quit Claim Deed
related
$80,000 · R Kip & Ann L Busby
May 11, 2009
$60,000
Robert L Sornberger
Fox,eugenie
Grant Deed
—
—
—
Robert L Sornberger
—
Deed Of Trust
related
$85,000 · Mark C Swanson
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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