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Property profile & analytics
OFF-MARKET Estimated value $805,000
Grocery and convenience stores

29036 216th SE Ave Black Diamond, WA 98010-1274

3,450 SF 0.57 ac lot Built 1946
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US90-1020561
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1946
Construction WOOD
Total area 3,450 SF
Lot 0.57 ac (24,722 SF)
Zoning code NC
APN 615180-0561
UPID US90-1020561
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k
Owner & transaction history
Theodore W Strand · 21 yrs held
Theodore W Strand
since 2004
2 recorded transactions
2004
$325,000
2002
$250,000
Zoning & alternative use
NC · Black Diamond, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4. Neighborhood Center - NC 5. Community Commercial - CC 6. Town Center - TC Industrial zones : 7. Business/Industrial Park - B/IP 8. Industrial District - I Other zones : 9. Public - PUB 10. Master Planned Development (MPD) B. This title shall be administered by the director of the community development department, and all references in this title to the “d…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 17.67 ac
Source Zoning Ordinance
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