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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
317 Railroad Ave Ste B Shelton, WA 98584-3542
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1656106
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.04 ac (1,742 SF)
APN
32019-50-13003
UPID
US90-1656106
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
Frank Dangelo Properties LLC · 6 yrs held
Frank Dangelo Properties LLC
since 2020
Last sale
$200,000
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 Shelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelton 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
$1,864
Tax year 2023
Assessed value
$189,415
Assessed 2023
Previous assessed
$184,450
+2.7% YoY
Effective rate
0.98%
On assessed value
Assessed land
$43,290
Assessed improvement
$146,125
Land market value
$43,290
Improvement market value
$146,125
Total market value
$189,415
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.04 ac (1,742 SF)
APN
32019-50-13003
UPID
US90-1656106
Jurisdiction
MASON
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
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Frank Dangelo Properties LLC
Entity
Mailing address
1357 ELAN DR, DAVENPORT, FL 33896-7266
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
Frank Dangelo Properties LLC
—
Deed
related
$234,000 · Olympia Fsla
Jan 21, 2022
—
Frank Dangelo Properties LLC
—
Deed
related
$188,000 · Olympia Fsla
Apr 20, 2020
—
Frank Dangelo Properties LLC
Frank Dangelo
Quit Claim Deed
related
—
Mar 31, 2020
—
Robert D Hunter
Andrew Hunter
Quit Claim Deed
related
—
Mar 31, 2020
$200,000
Frank A Dangelo JR.
Andrew Hunter
Warranty Deed
—
Mar 16, 2020
—
Wyse,management Trust
—
Deed
related
$76,023 · Erin A Mann
Nov 25, 2019
—
Andrew L Hunter
—
Deed
related
$200,000 · Keybank USA
Nov 8, 2017
—
Andrew L Hunter
—
Deed
related
$1,300,000 · Keybank/university
May 17, 2012
—
Andrew Hunter
Hunter,leonard G & Colleen K
Quit Claim Deed
related
—
—
—
Andrew L Hunter
—
Deed Of Trust
related
$200,000 · Keybank USA
—
—
Wyse,management Trust
—
Deed Of Trust
related
$76,023 · Erin A Mann
—
—
Andrew L Hunter
—
Deed Of Trust
related
$1,300,000 · Keybank/university
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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