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Property profile & analytics
OFF-MARKET
Estimated value
$4,460,000
Car washes
406 Ellingson Rd Pacific, WA 98047-1002
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3259696
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,254 SF
Lot
0.87 ac (37,740 SF)
Zoning code
HC
APN
885600-1925
UPID
US90-3259696
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
$4.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.46M
Owner & transaction history
Pit Stop Express LLC · 2 yrs held
Pit Stop Express LLC
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
HC · Pacific, 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 Pacific submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific 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
$4,460,000
ML approach
$4,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.46M
Range $4.01M – $4.91M · ±10% · vs last sale $4.46M (Jun 7 2024)
Last sale anchor
$4.46M
Jun 7 2024
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
$3,557 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,014
Tax year 2024
Assessed value
$2,513,700
Assessed 2023
Previous assessed
$2,513,700
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$566,100
Assessed improvement
$1,947,600
Land market value
$566,100
Improvement market value
$1,947,600
Total market value
$2,513,700
Applied tax rate
1,960.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Total area
1,254 SF
Lot
0.87 ac (37,740 SF)
Zoning code
HC
APN
885600-1925
UPID
US90-3259696
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HC · Pacific, WA
Zoning HC · permitted uses
HC · Pacific, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Lot
0.87 ac
Current owner
From public records · entity-resolved
Pit Stop Express LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
$4,460,000
Pit Stop Express LLC
Trimark Xi LLC
Warranty Deed
$4,231,000 · Ready Capital Corp
Oct 11, 2019
—
Trimark Xi LLC
—
Deed
related
$550,000 · Phillips 66 Co
Jun 25, 1999
—
Trimark Ix LLC
—
Grant Deed
related
$1,900,000 · Ge Capital Business Asset Fund
Sep 28, 1998
$583,000
Trimark Xi LLC
E & B Investments INC
Grant Deed
$358,000 · Seller
Jul 15, 1996
$700,000
E & B Investments INC
Liberty World INC
Grant Deed
$200,000 · Seller
Apr 28, 1989
$140,000
Liberty World INC
Pacific Investor
Grant Deed
$79,800 · Seller
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$110,265 · Washington Trust Bank
—
—
Little Deli Marts INC
—
Deed Of Trust
related
$850,000 · Byron W & Alice L Lockwood Fou
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$550,000 · Phillips 66 Co
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$200,000 · Phillips 66 Co
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$800,000 · Washington Trust Bank
—
—
Trimark Xi LLC
—
Deed Of Trust
related
$2,750,000 · Bank Of America
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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