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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
303 1st St Fairfield, WA 99012-9006
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0246113
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1931
Construction
STEEL FRAME
Total area
1,920 SF
Lot
0.34 ac (15,000 SF)
APN
52192.0083
UPID
US90-0246113
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
by Request
Owner & transaction history
Randy D Mitchell · 2 yrs held
Randy D Mitchell
since 2023
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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 2023Property tax & assessments
Tax year 2023
Tax billed
$993
Tax year 2023
Assessed value
$129,250
Assessed 2024
Previous assessed
$132,550
-2.5% YoY
Effective rate
0.77%
On assessed value
Assessed land
$11,250
Assessed improvement
$118,000
Land market value
$11,250
Improvement market value
$118,000
Total market value
$129,250
Applied tax rate
270.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1931
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,920 SF
Lot
0.34 ac (15,000 SF)
APN
52192.0083
UPID
US90-0246113
Jurisdiction
SPOKANE
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
1931
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Randy D Mitchell
Individual
Mailing address
PO BOX 13494, SPOKANE VALLEY, WA 99213-3494
Ownership since
2023
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
Sep 19, 2023
$130,390
Randy D Mitchell
Ronald M Poach
Release/satis. Of Agrem. Of Sale (fee Property)
related
—
Dec 13, 2018
—
Guy M Coumont
Market 2023 LLC
Quit Claim Deed
related
—
Oct 8, 2014
—
Market 2023 LLC
Cournont,guy M
Quit Claim Deed
related
—
Oct 11, 2013
$140,000
Guy M Coumont
Mitchell,randy D
Grant Deed
$49,818 · Randy D Mitchell
Mar 20, 2009
$130,000
Randy D Mitchell
Poach,ronald M & Inga M
Dual Purpose Document
$115,000 · Ronald M & Inga M Poach
Aug 12, 1997
$175,000
Ronald M Poach
Taberner,jeffrey A & Sherri L
Grant Deed
$126,100 · Farmers & Merchants Bk Rockfor
Apr 11, 1995
$83,000
Jeffrey A Taberner
Lineback,virgil C & Helen L
Grant Deed
$84,222 · Bank Of Fairfield
—
—
Ronald M Poach
—
Deed Of Trust
related
$72,950 · F & M 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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