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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Grocery and convenience stores
6018 State Hwy 104 Kingston, WA 98346-7415
Entity Owned
~
Est. High Equity
Property ID
US90-1311557
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Total area
3,560 SF
Lot
1.78 ac (77,537 SF)
Zoning code
REC
APN
292702-1-013-2003
UPID
US90-1311557
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
$4.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.69M
Owner & transaction history
Simranjosan Property INC
Simranjosan Property INC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
REC · Kingston, 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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
$4,880,000
ML approach
$4,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±10% · vs last sale $4.50M (Dec 30 2025)
Last sale anchor
$4.50M
Dec 30 2025
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
$1,317 / 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
$15,006
Tax year 2024
Assessed value
$1,757,610
Assessed 2024
Previous assessed
$1,757,610
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$185,380
Assessed improvement
$1,572,230
Land market value
$185,380
Improvement market value
$1,572,230
Total market value
$1,757,610
Applied tax rate
4,320.0000
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
Status
Off-Market
Year built
1996
Heating
YES
Buildings
2
Stories
1
Total area
3,560 SF
Lot
1.78 ac (77,537 SF)
Zoning code
REC
APN
292702-1-013-2003
UPID
US90-1311557
Jurisdiction
KITSAP
Zoning & alternative use
REC · Kingston, WA
Zoning REC · permitted uses
REC · Kingston, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Stories
1
Buildings
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
Simranjosan Property INC
Entity
Mailing address
6018 NE STATE HWY 104, KINGSTON, WA 98346-7415
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$4,500,000
Simranjosan Property INC
Daljit Punn
Warranty Deed
—
Jul 16, 2024
—
Daljit Punn
Sps Wenatchee LLC
Quit Claim Deed
related
—
Feb 16, 2022
$4,880,000
Sps Wenatchee LLC
Triple M Associates LLP
Warranty Deed
$4,450,000 · Streibels Corner INC
Oct 6, 2020
—
Triple M Associates LLP
Halvorson Of Morgensen Associates
Quit Claim Deed
related
—
Feb 28, 2017
—
Halvorson Of Morgensen Associates
—
Deed
related
$468,750 · William L & Debra Halvorson
Nov 14, 1995
—
Halvorson/morgensen Assoc
Halvorson,william L & Debra M
Quit Claim Deed
related
$625,000 · Northwestern Bank NA
Aug 24, 1992
—
William L Halvorson
Unknown
Grant Deed
related
—
—
—
Halvorson/morgensen Associates
—
Deed Of Trust
related
$625,000 · Interwest Bank
—
—
Halvorson/morgensen Associates
—
Deed Of Trust
related
$625,000 · Interwest Bank
—
—
Halvorson Of Morgenson Assocs LLP
—
Deed Of Trust
related
$200,000 · Westsound Bank
—
—
Halvorson Of Morgensen Associates
—
Deed Of Trust
related
$468,750 · William L & Debra Halvorson
—
—
NA-lee Corp INC
—
Deed Of Trust
related
$400,000 · City 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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