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Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Drug stores
3130 Simpson Ave Hoquiam, WA 98550-3027
Trust Owned
6-yr Hold
Free & Clear
Property ID
US90-1329947
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,384 SF
Lot
0.71 ac (30,928 SF)
APN
52209000100
UPID
US90-1329947
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
-
higi Physician
-
Primo Water Refill Big Box & Wholesale Store
-
Western Union Bank Credit Union
-
Coinhub Bitcoin ATM Teller Atm
-
Kelli Oksendahl Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$6.36M
Owner & transaction history
Gift,lloyd W Trust · 6 yrs held
Gift,lloyd W Trust
since 2020
Last sale
$7.5M
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 Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±10% · vs last sale $7.50M (Feb 7 2020)
Last sale anchor
$7.50M
Feb 7 2020
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
$366 / 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
$41,662
Tax year 2023
Assessed value
$3,768,571
Assessed 2022
Previous assessed
$3,421,114
+10.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$403,650
Assessed improvement
$3,364,921
Land market value
$403,650
Improvement market value
$3,364,921
Total market value
$3,768,571
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
17,384 SF
Lot
0.71 ac (30,928 SF)
APN
52209000100
UPID
US90-1329947
Jurisdiction
GRAYS HARBOR
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Gift,lloyd W Trust
Trust
Free & Clear · 6 yrs held
Mailing address
PO BOX 3165, HARRISBURG, PA 17105-3165
Ownership since
2020
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
Jul 29, 2020
—
Lloyd H Wells
—
Deed
related
$4,000,000 · Bank Of The West
Feb 7, 2020
$7,500,000
Gift,lloyd W Trust
Smith Legacy LLC
Warranty Deed
—
May 9, 2019
—
City Of Hoquiam
Smith Legacy LLC
Quit Claim Deed
related
—
Jan 29, 2018
—
Smith Legacy LLC
—
Deed
related
—
Dec 15, 2017
—
Smith Legacy LLC
Smith Family Trust
Quit Claim Deed
—
Mar 31, 2014
—
Smith Family Trust
Sutton Flormann LLC
Special Warranty Deed
$5,460,000 · Anchor Bank
Apr 10, 2012
$6,563,330
Sutton Flormann LLC
Hoquiam Ra LLC
Warranty Deed
$4,594,331 · Anchor Bank
May 29, 2009
—
Hoquiam Ra LLC
—
Deed Of Trust
related
$5,700,000 · Seattle Savings Bank
Jun 11, 2007
$225,000
Hoquiam Ra LLC
Crowell Brothers Tape & Tire S
Warranty Deed
—
—
—
Smith Legacy LLC
—
Loan Modification
related
—
—
—
Hoquiam Ra LLC
—
Deed Of Trust
related
$5,400,000 · Seattle Savings 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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