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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Grocery and convenience stores
5945 Prather SW Rd Centralia, WA 98531-9618
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-3127056
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
WOOD FRAME
Total area
4,660 SF
Lot
0.32 ac (13,939 SF)
APN
1352-43-11020
UPID
US90-3127056
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
$865k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$840k
Owner & transaction history
Julie Mcgregor · 15 yrs held
Julie Mcgregor
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$995,000
+37.4%
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 Centralia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centralia 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%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$725,000
Current use
OFFICE BUILDING
$995,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$630,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$180 / 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
$7,249
Tax year 2023
Assessed value
$899,500
Assessed 2022
Previous assessed
$582,000
+54.6% YoY
Effective rate
0.81%
On assessed value
Assessed land
$89,200
Assessed improvement
$810,300
Land market value
$89,200
Improvement market value
$810,300
Total market value
$899,500
Applied tax rate
490.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
4,660 SF
Lot
0.32 ac (13,939 SF)
APN
1352-43-11020
UPID
US90-3127056
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$725,000
OFFICE BUILDING
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$630,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Julie Mcgregor
Individual
Mailing address
5945 PRATHER RD SW, CENTRALIA, WA 98531-9618
Ownership since
2011
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
Dec 19, 2017
—
Julie Pendletson
—
Deed
related
$543,000 · Security State Bank
May 9, 2011
—
Julie Mcgregor
Young Richard A
Grant Deed
related
—
—
—
Richard A Young
—
Deed Of Trust
related
$89,690 · First American State Bank
—
—
Richard A Young
—
Deed Of Trust
related
$250,000 · Centennial Bank
—
—
Julie Pendleton
—
Deed Of Trust
related
$325,000 · Security State Bank
—
—
Richard A Young
—
Deed Of Trust
related
$350,000 · West Coast Bank
—
—
Richard A Young
—
Deed Of Trust
related
$90,000 · West Coast Bank
—
—
Richard A Young
—
Deed Of Trust
related
$65,000 · First American State Bank
—
—
Julie Mcgregor
—
Deed Of Trust
related
$275,000 · Derek Wilmot
—
—
Richard A Young
—
Deed Of Trust
related
$69,983 · Centennial Bank
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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