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Property profile & analytics
OFF-MARKET
Retail space
40 Main St, Coupeville, WA 98239-9556
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1194514
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
3,510 SF
Lot
0.29 ac (12,502 SF)
Zoning code
CP
APN
S7707-00-00001-0
UPID
US90-1194514
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
-
Forgotten Treasures of Nw Home Decor Store (Bike/Boat/Book/etc) Store
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
Coupeville 40 N Main Street Ll · 14 yrs held
Coupeville 40 N Main Street Ll
since 2012
4 recorded transactions
Zoning & alternative use
CP · Coupeville, 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 Coupeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coupeville 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
Property tax & assessments
Assessed value
$760,841
Assessed 2023
Previous assessed
$644,149
+18.1% YoY
Assessed land
$225,031
Assessed improvement
$535,810
Land market value
$225,031
Improvement market value
$535,810
Total market value
$760,841
Applied tax rate
300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
ELECTRIC
Cooling
REFRIGERATOR
Stories
1
Rooms
1
Total area
3,510 SF
Lot
0.29 ac (12,502 SF)
Zoning code
CP
APN
S7707-00-00001-0
UPID
US90-1194514
Jurisdiction
ISLAND
Zoning & alternative use
CP · Coupeville, WA
Zoning CP · permitted uses
CP · Coupeville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coupeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
ELECTRIC
Cooling
Yes
Stories
1
Rooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Coupeville 40 N Main Street Ll
Individual
Mailing address
100 N HOWARD STR, SPOKANE, WA 99201-0508
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2012
—
Coupeville 40 N Main Street Ll
Lind,ron & Pam
Warranty Deed
$422,000 · Whidbey Island Bank
—
—
Ron Lind
—
Deed Of Trust
related
$200,000 · J & J Investment LLC
—
—
Ron Lind
—
Deed Of Trust
related
$345,537 · Whidbey Island Bank
—
—
Ronald G Lind
—
Deed Of Trust
related
$311,728 · Whidbey Island 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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