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Property profile & analytics
OFF-MARKET
Estimated value
$5,850,000
Grocery and convenience stores
6331 212th St, Kent, WA 98032-2333
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1202140
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
WOOD
Total area
4,604 SF
Lot
1.53 ac (66,728 SF)
Zoning code
I1
APN
112204-9032
UPID
US90-1202140
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
-
Wendy's Restaurant Take-out & Catering
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
Cowgirls Espresso Cafe & Coffee Shop
-
Shell Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.83M
Blend (final)
Blend
$5.85M
Owner & transaction history
Sant Fuel Property LLC · 2 yrs held
Sant Fuel Property LLC
since 2023
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
I1 · Kent, 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 Kent submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kent 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
$5,720,000
ML approach
$5,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.85M
Range $5.27M – $6.44M · ±10% · vs last sale $6.00M (Jul 11 2023)
Last sale anchor
$6.00M
Jul 11 2023
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
$1,271 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$29,099
Tax year 2022
Assessed value
$2,821,500
Assessed 2022
Previous assessed
$2,821,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,634,800
Assessed improvement
$1,186,700
Land market value
$1,634,800
Improvement market value
$1,186,700
Total market value
$2,821,500
Applied tax rate
1,526.0000
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
1999
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,604 SF
Lot
1.53 ac (66,728 SF)
Zoning code
I1
APN
112204-9032
UPID
US90-1202140
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Kent, WA
Zoning I1 · permitted uses
I1 · Kent, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kent. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Sant Fuel Property LLC
Entity
Ownership since
2023
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
Jul 11, 2023
$6,000,000
Sant Fuel Property LLC
Trimark X LLC
Warranty Deed
$1,310,000 · Mountain Pacific Bank
Jun 1, 2023
—
Armani Ventures LLC
Ariff Gulamani
Quit Claim Deed
related
—
Mar 16, 2020
—
Trimark X LLC
—
Deed
related
$2,700,000 · Umpqua Bk
Sep 24, 2018
—
Trimark X LLC
—
Deed
related
—
Jun 10, 1998
$425,000
Trimark X LLC
Rieger,roger & R Annette
Grant Deed
$1,150,000 · Sterling Savings Association
Oct 23, 1992
—
Rieger,roger
Battaglia,paul J
Grant Deed
related
—
—
—
Seawend Ltd
—
Loan Modification
related
$32,000,000 · Huntington Nat'l Bk
—
—
Trimark X LLC
—
Loan Modification
related
$2,700,000 · Umpqua Bk
—
—
Trimark X LLC
—
Loan Modification
related
—
—
—
Trimark X LLC
—
Deed Of Trust
related
$3,400,000 · Sterling Savings Bank
—
—
Trimark X LLC
—
Deed Of Trust
related
$100,000 · Sterling Savings 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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