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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Retail space
4740 Whitman SE Ln, Lacey, WA 98513-2246
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-0359311
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
STEEL FRAME
Total area
6,825 SF
Lot
0.69 ac (30,056 SF)
APN
7022-00-00500
UPID
US90-0359311
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
$1.27M
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$1.17M
Owner & transaction history
Lodge Pole LLC · 16 yrs held
Lodge Pole LLC
since 2010
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 Lacey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lacey 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%
$1,375,000
6.5%
$1,265,000
7%
$1,175,000
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$171 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,335
Tax year 2023
Assessed value
$1,613,500
Assessed 2022
Previous assessed
$1,185,600
+36.1% YoY
Effective rate
0.95%
On assessed value
Assessed land
$349,500
Assessed improvement
$1,264,000
Land market value
$349,500
Improvement market value
$1,264,000
Total market value
$1,613,500
Applied tax rate
241.0000
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
2000
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
3
Total area
6,825 SF
Lot
0.69 ac (30,056 SF)
APN
7022-00-00500
UPID
US90-0359311
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
2000
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.69 ac
Current owner
From public records · entity-resolved
Lodge Pole LLC
Entity
Mailing address
PO BOX 9167, SPRINGFIELD, MO 65801-9167
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2018
—
Lodge Pole LLC
—
Deed
related
$843,000 · Us Bank NA
Mar 31, 2010
$1,124,608
Lodge Pole LLC
U S Bank National Association
Special Warranty Deed
$843,000 · Us Bank NA
Jan 7, 2000
$1,155,000
Us Bank NA
Baldridge-lacey II LLC
Grant Deed
related
—
Sep 2, 1998
$1,275,000
Baldridge-lacey I LLC
First Community Bank Washingto
Grant Deed
—
Dec 29, 1994
—
N & S Development Partnership
Senner,john & Susan
Quit Claim Deed
related
—
May 26, 1994
—
John Senner
Clubhouse Properties INC
Quit Claim Deed
related
—
Mar 31, 1993
$255,953
Clubhouse Properties INC
Unknown
Grant Deed
—
—
—
Baldridge Lacey II LLC
—
Deed Of Trust
related
$845,000 · First National Bank
—
—
N & S Development Partnership
—
Deed Of Trust
related
$975,150 · First Community Bank Washingto
—
—
N Development
—
Deed Of Trust
related
$268,953 · First Community Bank Washingto
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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