Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,825,000
Grocery and convenience stores
23 Hooker Rd Sequim, WA 98382-5904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2903635
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Total area
3,948 SF
Lot
0.46 ac (20,038 SF)
APN
430224190100000
UPID
US90-2903635
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.83M
Owner & transaction history
Kirpaa Karahu LLC · 4 yrs held
Kirpaa Karahu LLC
since 2022
Last sale
$6.1M
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 Sequim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sequim 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
$7,565,000
ML approach
$7,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.83M
Range $6.14M – $7.51M · ±10% · vs last sale $6.12M (Jun 22 2022)
Last sale anchor
$6.12M
Jun 22 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
$1,729 / 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
$12,342
Tax year 2023
Assessed value
$1,609,717
Assessed 2022
Previous assessed
$1,421,679
+13.2% YoY
Effective rate
0.77%
On assessed value
Assessed land
$192,365
Assessed improvement
$1,417,352
Land market value
$192,365
Improvement market value
$1,417,352
Total market value
$1,609,717
Applied tax rate
202.0000
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
1996
Units
1
Total area
3,948 SF
Lot
0.46 ac (20,038 SF)
APN
430224190100000
UPID
US90-2903635
Jurisdiction
CLALLAM
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
1996
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Kirpaa Karahu LLC
Entity
Mailing address
23 HOOKER RD, SEQUIM, WA 98382-5904
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
—
Kirpaa Karahu LLC
—
Deed
related
$525,000 · First Fed Bank
Jun 22, 2022
$6,119,000
Kirpaa Karahu LLC
Tariq Daloush
Warranty Deed
$3,142,030 · Banner Bank
Jun 14, 2022
—
Tariq Daloush
Tariq LLC
Quit Claim Deed
related
—
Jun 11, 2020
$5,350,000
Tariq LLC
Ch 101 LLC
Warranty Deed
$4,406,200 · Hanmi Bank
Jun 1, 2018
$3,420,000
Ch 101 LLC
Kbl Holdings LLC
Warranty Deed
$3,310,000 · First Ic Bank
Apr 1, 2014
$2,400,000
Kbl Holdings LLC
J O J INC
Warranty Deed
$1,800,000 · Pacific City Bank
Oct 25, 2012
$1,400,000
J O J INC
J & Y Family Corporation
Quit Claim Deed
related
$1,217,000 · Prime Pacific Bank NA
Aug 11, 2005
$2,150,165
J & Y Family INC
G S Properties No 2 INC
Warranty Deed
$1,700,000 · Pacific International 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23 Hooker Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
