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Property profile & analytics
OFF-MARKET
Retail space
415 Cleveland SE Ave, Tumwater, WA 98501-3311
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1575505
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
WOOD FRAME
Total area
1,332 SF
Lot
0.32 ac (13,939 SF)
APN
8490-03-00600
UPID
US90-1575505
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Guraksh INC · 1 yrs held
Guraksh INC
since 2024
Last sale
$1.0M
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 Tumwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tumwater 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
$15,720
Tax year 2023
Assessed value
$1,613,100
Assessed 2022
Previous assessed
$886,100
+82.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$372,000
Assessed improvement
$1,241,100
Land market value
$372,000
Improvement market value
$1,241,100
Total market value
$1,613,100
Applied tax rate
440.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,332 SF
Lot
0.32 ac (13,939 SF)
APN
8490-03-00600
UPID
US90-1575505
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
1970
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Guraksh INC
Entity
Mailing address
415 CLEVELAND AVE SE, TUMWATER, WA 98501-3311
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$1,000,000
Guraksh INC
Sun Global LLC
Warranty Deed
$863,000 · Ready Capital Corp
May 23, 2017
$400,000
Sun Global LLC
Jai Krishna INC
Warranty Deed
$376,000 · Hana Small Busn Lndg
Sep 30, 2014
$240,000
Jai Krishna INC
Yh & INC
Grant Deed
$343,000 · Hana Small Busn Lndg
Jan 3, 2012
$240,000
Yh & INC
Sh Ents Wa LLC
Warranty Deed
—
Sep 27, 2006
$475,000
Sh Ents Wa LLC
Davis Family 904 905 907 901 L
Warranty Deed
$500,000 · Citicorp Leasing INC
Dec 19, 1996
—
Davis Family 904 LLC
Davis,michael J & Steffi L
Quit Claim Deed
related
—
Dec 1, 1988
$106,200
Michael J Davis
Unknown
Grant Deed
—
—
—
Davis Family 904 905 907 901
—
Deed Of Trust
related
$382,500 · Tiger Managers Acceptance Corp
—
—
Davis Family-904 905 907 901 L
—
Deed Of Trust
related
$361,250 · Tiger Peg Capital Corp
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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