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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
301 1st St Selah, WA 98942-1306
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-1575816
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1962
Construction
WOOD
Total area
1,812 SF
Lot
0.28 ac (12,197 SF)
Zoning code
B2
APN
181436-33426
UPID
US90-1575816
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
-
Conoco Gas Station
-
Selah Shop N Go Grocery & Convenience Store
-
The Spice: To-Go Restaurant Take-out & Catering
-
The Grocery To-Go Grocery & Convenience Store
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
Thind Pmr Ents INC · 16 yrs held
Thind Pmr Ents INC
since 2009
7 recorded transactions
Zoning & alternative use
B2 · Selah, 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 Selah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selah 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
$4,235
Tax year 2024
Assessed value
$487,550
Assessed 2024
Previous assessed
$484,500
+0.6% YoY
Effective rate
0.87%
On assessed value
Assessed land
$82,350
Assessed improvement
$405,200
Land market value
$82,350
Improvement market value
$405,200
Total market value
$487,550
Applied tax rate
400.0000
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
1962
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
1,812 SF
Lot
0.28 ac (12,197 SF)
Zoning code
B2
APN
181436-33426
UPID
US90-1575816
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Selah, WA
Zoning B2 · permitted uses
B2 · Selah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Selah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Thind Pmr Ents INC
Entity
Mailing address
1104 N 79TH AVE, YAKIMA, WA 98908-1003
Ownership since
2009
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
Jul 30, 2024
—
Pmr Enterprises INC
—
Deed
related
$660,000 · Coleman Oil Company LLC
May 8, 2023
—
Parminder S Thind
—
Deed
related
$2,000,000 · Banner Bank
Feb 7, 2022
—
Thind Pmr Enterprises INC
—
Deed
related
$1,098,800 · United States Small Business Admin
Jul 9, 2019
—
Thind Pmr Enterprises INC
—
Deed
related
$750,000 · Banner Bank
Nov 19, 2010
—
Thind Pmr Ents INC
—
Deed Of Trust
related
$1,280,000 · Saehan Bank
Dec 23, 2009
$530,000
Thind Pmr Ents INC
Convenience Retailers LLC
Grant Deed
$454,000 · Unibank
Mar 18, 2009
—
Pcf Acquisitionco LLC
Petrosun West Properties LLC
Grant Deed
$370,000,000 · Conocophillips Co
Nov 21, 2007
$292,000
Petrosun West Properties LLC
Time Oil
Trustees Deed
$22,971,027 · First Credit 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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