Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Retail space
32201 Kent Black Diamond SE Rd Auburn, WA 98092-6596
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3185483
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
10,620 SF
Lot
0.94 ac (40,878 SF)
Zoning code
RA5
APN
182106-9085
UPID
US90-3185483
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
-
Brookside Grocery Grocery & Convenience Store
-
Evergreen Medicinal Gardens Medical Group
-
ATM Atm
-
Draft Choice Sports Bar & Grill Bar & Pub
-
Stgermaine Services (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
Thomas Min · 17 yrs held
Thomas Min
since 2009
7 recorded transactions
Zoning & alternative use
RA5 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
Alternative Use
Use
Estimation
RETAIL STORES
$2,815,000
Current use
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10%
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
$173 / 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
$26,821
Tax year 2022
Assessed value
$2,067,500
Assessed 2022
Previous assessed
$2,067,500
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$286,100
Assessed improvement
$1,781,400
Land market value
$286,100
Improvement market value
$1,781,400
Total market value
$2,067,500
Applied tax rate
4,795.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Total area
10,620 SF
Lot
0.94 ac (40,878 SF)
Zoning code
RA5
APN
182106-9085
UPID
US90-3185483
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RA5 · Auburn, WAZoning RA5 · permitted uses
RA5 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Thomas Min
Individual
Mailing address
4703 MEMORY LN W, UNIVERSITY PLACE, WA 98466-1038
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2017
—
Sung Ki Min
—
Deed
related
$1,400,000 · Unitus Community Cu
Mar 6, 2009
$250,000
Thomas Min
Robinson Terry A
Trustees Deed
—
Dec 14, 1999
$1,100,000
Sung C Chung
Welstad Family LLC
Grant Deed
$1,200,405 · City Bank
Aug 29, 1997
$830,000
Welstad Family LLC
Maple Glen Retail Center
Grant Deed
$552,000 · Individual
—
—
Sung C Chung
—
Deed Of Trust
related
$253,500 · Thomas & Man S Min
—
—
Sung Chung
—
Deed Of Trust
related
$1,440,000 · Sterling Savings Bank
—
—
Sung C Chung
—
Deed Of Trust
related
$2,440,287 · City Bank
—
—
Sung C Chung
—
Deed Of Trust
related
$2,412,569 · Sung K & Nam S Min
—
—
Sung C Chung
—
Deed Of Trust
related
$1,120,000 · Key Bank NA
—
—
Sung K Min
—
Deed Of Trust
related
$1,210,000 · Pacific City Bank
—
—
Sung C Chung
—
Deed Of Trust
related
$80,000 · Stan's C-stores INC
—
—
Sung C Chung
—
Deed Of Trust
related
$648,031 · Thomas & Nam S Min
—
—
Ksk Corp
—
Deed Of Trust
related
—
—
—
Jungkyu Corp
—
Deed Of Trust
related
$150,000 · Private Lender
—
—
Sung C Chung
—
Deed Of Trust
related
$1,220,000 · Sterling Savings Bank
—
—
Sung C Chung
—
Deed Of Trust
related
$218,950 · Thomas & Nam S Min
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 32201 Kent Black Diamond SE Rd?
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.
