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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
512 Yelm W Ave Yelm, WA 98597-8773
Trust Owned
19-yr Hold
Free & Clear
Property ID
US90-1180077
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
WOOD FRAME
Total area
3,035 SF
Lot
0.33 ac (14,375 SF)
APN
2172-41-41202
UPID
US90-1180077
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
-
My Hearing Centers Hearing Aid Store
-
Gamer Graph-X Sports Screen Printing and Embroidery Textile Manufacturer Factory
-
Stephanie Sawyer Physician
-
BeJoyful Holistics Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$357k
Blend (final)
Blend
$550k
Owner & transaction history
Hwang Family Living Trust · 19 yrs held
Hwang Family Living Trust
since 2007
5 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 Yelm submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yelm 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%
$610,000
6.5%
$565,000
7%
$525,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$181 / 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
$6,173
Tax year 2023
Assessed value
$663,900
Assessed 2022
Previous assessed
$486,900
+36.4% YoY
Effective rate
0.93%
On assessed value
Assessed land
$113,900
Assessed improvement
$550,000
Land market value
$113,900
Improvement market value
$550,000
Total market value
$663,900
Applied tax rate
170.0000
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
1994
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,035 SF
Lot
0.33 ac (14,375 SF)
APN
2172-41-41202
UPID
US90-1180077
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
1994
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Hwang Family Living Trust
Trust
Free & Clear · 19 yrs held
Mailing address
7110 36TH ST W, UNIVERSITY PLACE, WA 98466-5102
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2007
—
Hwang Family Living Trust
Hwang,matthew U & Maria C
Quit Claim Deed
related
—
Sep 4, 2003
$470,000
Matthew U Hwang
Kim,kwang K & Pan S
Grant Deed
$300,000 · Pacific International Bank
Jul 8, 1999
$258,170
Kwang K Kim
Cook,yon H
Grant Deed
$430,000 · City Bank
Nov 24, 1997
$266,460
Yon H Cook
Hollamer Investments LLC
Grant Deed
$260,000 · Seller
Mar 13, 1995
—
Hollamer Investments LLC
Edwards,mcihael D & Marieke G
Quit Claim Deed
related
—
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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