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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Grocery and convenience stores
5320 66th W St University Place, WA 98467-3320
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1767937
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2002
Construction
WOOD FRAME
Total area
2,740 SF
Lot
0.76 ac (33,109 SF)
Zoning code
MUD
APN
5455000510
UPID
US90-1767937
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$510k
Owner & transaction history
Orchard 66 LLC · 7 yrs held
Orchard 66 LLC
since 2019
7 recorded transactions
Zoning & alternative use
MUD · University Place, 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 University Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs University Place 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$186 / 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
$19,966
Tax year 2024
Assessed value
$1,580,900
Assessed 2024
Previous assessed
$1,580,900
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$851,800
Assessed improvement
$729,100
Land market value
$851,800
Improvement market value
$729,100
Total market value
$1,580,900
Applied tax rate
275.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
2,740 SF
Lot
0.76 ac (33,109 SF)
Zoning code
MUD
APN
5455000510
UPID
US90-1767937
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MUD · University Place, WA
Zoning MUD · permitted uses
MUD · University Place, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
University Place. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Orchard 66 LLC
Entity
Mailing address
5320 66TH ST W, UNIVERSITY PLACE, WA 98467-3320
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
Orchard 66 LLC
—
Deed
related
$350,000 · Phillips 66 Company
Apr 25, 2022
—
Orchard 66 LLC
—
Deed
related
$2,044,000 · Columbia State Bank
Mar 5, 2019
$2,400,000
Orchard 66 LLC
American Gasoline LLC
Correction Deed
related
—
Jan 7, 2019
$2,400,000
Orchard 66 LLC
American Gasoline LLC
Warranty Deed
$1,850,000 · Us Metro Bank
Oct 26, 2017
—
American Gasoline LLC
—
Deed
related
$2,065,000 · Pacific City Bank
Oct 26, 2016
—
American Gasoline LLC
—
Deed
related
—
May 30, 2008
$2,500,000
American Gasoline LLC
Choon Bok Lee
Warranty Deed
—
Nov 30, 2001
—
Choon B Lee
—
Trustees Deed
related
$1,000,000 · Northwest International Bank
Jun 30, 2000
$459,500
Choon B Lee
Scott,marie G
Grant Deed
—
—
—
American Gasoline LLC
—
Deed Of Trust
related
—
—
—
American Gasoline LLC
—
Loan Modification
related
$508,000 · Hanmi Bk
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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