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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Grocery and convenience stores
22240 272nd St, Maple Valley, WA 98038-7420
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0063089
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.77 ac (33,658 SF)
Zoning code
NB
APN
282206-9044
UPID
US90-0063089
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
-
Texaco Gas Station
-
Taqueria Rancho 12 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Myrna Mervat Investments LLC · 3 yrs held
Myrna Mervat Investments LLC
since 2022
7 recorded transactions
Zoning & alternative use
NB · Maple Valley, 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 Maple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Valley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
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
$265 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,300
Tax year 2022
Assessed value
$753,100
Assessed 2022
Previous assessed
$753,100
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$504,800
Assessed improvement
$248,300
Land market value
$504,800
Improvement market value
$248,300
Total market value
$753,100
Applied tax rate
1,813.0000
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
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,400 SF
Lot
0.77 ac (33,658 SF)
Zoning code
NB
APN
282206-9044
UPID
US90-0063089
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Maple Valley, WA
Zoning NB · permitted uses
NB · Maple Valley, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maple Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Myrna Mervat Investments LLC
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Myrna Mervat Investments LLC
Philip Baskaron
Quit Claim Deed
related
—
Dec 15, 2017
—
Vota Investments LLC
—
Deed
related
$725,000 · Columbia State Bank
Sep 26, 2012
—
Vota Investments LLC
Mccallen & Sons INC
Bargain And Sale Deed
$393,600 · Pacific International Bank
Jul 23, 2007
$600,000
Nads Investments LLC
Choi,douglas K
Warranty Deed
$922,000 · Fortune Bank
Feb 2, 2005
$565,000
Douglas K Choi
Lee,samuel S & Janet C
Warranty Deed
$455,413 · First Heritage Bank
May 13, 1993
$332,000
Samuel S Lee
Lee
Grant Deed
related
$205,800 · Seller
—
—
Goody Deli Mart Goody
—
Deed Of Trust
related
$200,000 · City Bank
—
—
Vota Investments LLC
—
Loan Modification
related
$314,900 · Bbcn Bk
—
—
Vota Investments LLC
—
Loan Modification
related
$332,906 · Bbcn Bk
—
—
Vota Investments LLC
—
Loan Modification
related
$406,198 · Bbcn Bk
—
—
Vota Investments LLC
—
Deed Of Trust
related
$348,000 · Ameritrust Cdc
—
—
Vota Investments LLC
—
Deed Of Trust
related
$416,076 · Bbcn Bk
—
—
Samuel Lee
—
Deed Of Trust
related
$227,754 · Washington State Bank
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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