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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

3420 Meridian E Ave Edgewood, WA 98371-2612

1,200 SF 0.99 ac lot Built 1973
Individually Owned 25-yr Hold ~ Est. High Equity
Property ID
US90-1263923
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1973
Construction WOOD FRAME
Total area 1,200 SF
Lot 0.99 ac (43,000 SF)
Zoning code MUR
APN 420161092
UPID US90-1263923
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sum Nop · 25 yrs held
Sum Nop
since 2001
4 recorded transactions
2001
$934,331
1994
$635,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MUR · Edgewood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Mixed Use Residential (MUR) zoning district accommodates a range of medium density residential housing types to meet consumer preferences, changing household sizes and market demands. A mix of land uses is allowed, including commercial, professional, and other uses that are not incompatible due to noise, truck traffic, odors, or design/scale of structure…

Zone name Mixed Use Residential
General category MIXED_USE
Zone area 158.07 ac
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