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Property profile & analytics
OFF-MARKET
Office buildings
318 Sussex W Ave Tenino, WA 98589-9343
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0607396
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1925
Construction
WOOD FRAME
Total area
1,332 SF
Lot
0.08 ac (3,485 SF)
APN
5490-11-00401
UPID
US90-0607396
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
-
Mi Michoacana Grocery & Convenience Store Specialty Food Shop
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
Oscar Alvarez Esquivias · 5 yrs held
Oscar Alvarez Esquivias
since 2021
Last sale
$320,000
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 Tenino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tenino 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
$1,498
Tax year 2023
Assessed value
$154,600
Assessed 2022
Previous assessed
$102,900
+50.2% YoY
Effective rate
0.97%
On assessed value
Assessed land
$33,000
Assessed improvement
$121,600
Land market value
$33,000
Improvement market value
$121,600
Total market value
$154,600
Applied tax rate
530.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1925
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,332 SF
Lot
0.08 ac (3,485 SF)
APN
5490-11-00401
UPID
US90-0607396
Jurisdiction
THURSTON
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
1925
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Oscar Alvarez Esquivias
Individual
Mailing address
9826 RAMSAY DR SE, YELM, WA 98597-9568
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2021
$320,000
Oscar Alvarez Esquivias
Tamara B Schroder
Warranty Deed
$259,000 · Timberland Bank
Oct 6, 2017
—
Tamara B Schrorder
—
Deed
related
$52,000 · Timberland Bank
Aug 16, 2016
$89,719
Tamara B Schroder
David J Roberts
Warranty Deed
—
Aug 16, 2016
—
Tamara B Schroder
Fournier,wayne JR
Quit Claim Deed
related
—
Dec 1, 2014
—
David Roberts
Roberts,diane
Quit Claim Deed
related
—
Jan 21, 2004
—
David J Roberts
Clubine,richard J
Quit Claim Deed
related
—
Mar 26, 1999
$19,438
Jim Clubine
Roberts,david & Diane
Quit Claim Deed
related
—
—
—
David J Roberts
—
Deed Of Trust
related
$83,977 · South Sound Bank
—
—
David J Roberts
—
Deed Of Trust
related
$141,679 · South Sound 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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