Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Grocery and convenience stores
304 Mead Ave Yakima, WA 98902-5943
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1205377
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,804 SF
Lot
0.48 ac (20,909 SF)
Zoning code
BCOM
APN
181336-11438
UPID
US90-1205377
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$835k
Owner & transaction history
Sg Kalkat LLC · 2 yrs held
Sg Kalkat LLC
since 2024
Last sale
$835,315
7 recorded transactions
Zoning & alternative use
BCOM · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
$835,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $835k (Jun 25 2024)
Last sale anchor
$835k
Jun 25 2024
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
$463 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,194
Tax year 2024
Assessed value
$447,750
Assessed 2024
Previous assessed
$442,750
+1.1% YoY
Effective rate
0.94%
On assessed value
Assessed land
$134,750
Assessed improvement
$313,000
Land market value
$134,750
Improvement market value
$313,000
Total market value
$447,750
Applied tax rate
333.0000
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,804 SF
Lot
0.48 ac (20,909 SF)
Zoning code
BCOM
APN
181336-11438
UPID
US90-1205377
Jurisdiction
YAKIMA
Zoning & alternative use
BCOM · Yakima, WAZoning BCOM · permitted uses
BCOM · Yakima, WA
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Sg Kalkat LLC
Entity
Mailing address
304 W PO BOX 6TH AVE, GRANDVIEW, WA 98930-0006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$835,315
Sg Kalkat LLC
R H Smith Distributing Company INC
Warranty Deed
$920,000 · World Fuel Services INC
Apr 28, 2017
—
Rh Smith Distributing Co INC
—
Loan Modification
related
$6,519,493 · Other Institutional Lenders
Mar 2, 2017
—
Rh Smith Distributing Co INC
—
Deed
related
$2,331,713 · Other Institutional Lenders
Nov 4, 2010
—
Rh Smith Distributing Co INC
—
Deed Of Trust
related
$4,500,000 · World Fuel Svcs INC
—
—
Rh Smith Dist Co INC
—
Deed Of Trust
related
$200,000 · Mike Drollinger
—
—
R H Smith Distributing Co INC
—
Deed Of Trust
related
$325,000 · Sukhbir Ents INC
—
—
Rh Smith Distributing Co INC
—
Loan Modification
related
$2,331,713 · Other Institutional Lenders
—
—
R H Smith Distributing Co INC
—
Deed Of Trust
related
$225,000 · Brian A Ellsworth
—
—
Rh Smith Distributing Co INC
—
Deed Of Trust
related
$345,000 · Ross Schneidmiller
—
—
R H Smith Distributing Co INC
—
Deed Of Trust
related
$650,000 · Enterprise Mortgage Acceptance
—
—
Rh Smith Distributing Co INC
—
Deed Of Trust
related
$500,000 · Sukhbir Ents INC
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 304 Mead Ave?
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.
