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Property profile & analytics
OFF-MARKET
Estimated value
$3,505,000
Grocery and convenience stores
31700 Eugene St, Carnation, WA 98014-5076
Entity Owned
9-yr Hold
Free & Clear
Property ID
US90-1495464
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,202 SF
Lot
1.28 ac (55,706 SF)
Zoning code
SC
APN
180100-0170
UPID
US90-1495464
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
$3.51M
Owner & transaction history
Lsr Properties INC · 9 yrs held
Lsr Properties INC
since 2017
5 recorded transactions
Zoning & alternative use
SC · Carnation, 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 Carnation submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carnation 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
$129 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,657
Tax year 2022
Assessed value
$2,347,800
Assessed 2022
Previous assessed
$2,347,800
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$835,500
Assessed improvement
$1,512,300
Land market value
$835,500
Improvement market value
$1,512,300
Total market value
$2,347,800
Applied tax rate
971.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
27,202 SF
Lot
1.28 ac (55,706 SF)
Zoning code
SC
APN
180100-0170
UPID
US90-1495464
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SC · Carnation, WA
Zoning SC · permitted uses
SC · Carnation, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carnation. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Lsr Properties INC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 997, SNOQUALMIE, WA 98065-0997
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2017
$2,510,000
Lsr Properties INC
Hummel L C M C R A Trust
Grant Deed
—
Sep 4, 2013
—
Hummel,lorraine C M Trust
Graham Ethel II Living Trust
Quit Claim Deed
related
—
Jun 6, 2007
—
Graham Ethel Living Trust
Graham,ethel L
Quit Claim Deed
related
—
Jun 30, 1989
—
Jacobson,james W&joani M
Michon Corporati
Grant Deed
related
—
—
—
Ethel L Graham
—
Deed Of Trust
related
$1,300,000 · Money Back Investment Corp
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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