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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
701 Metcalf St Sedro Woolley, WA 98284-1420
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1435329
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1910
Total area
4,392 SF
Lot
0.1 ac (4,404 SF)
APN
4177-005-003-0005
UPID
US90-1435329
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
-
The Bull Pen Sports Bar and Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$305k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Bergeron Carter Prop Hldgs LLC · 7 yrs held
Bergeron Carter Prop Hldgs LLC
since 2018
7 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 Sedro Woolley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sedro Woolley 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
$305,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$115 / 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
$2,567
Tax year 2023
Assessed value
$290,475
Assessed 2022
Previous assessed
$261,750
+11.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$54,525
Assessed improvement
$235,950
Land market value
$54,525
Improvement market value
$235,950
Total market value
$290,475
Applied tax rate
935.0000
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
1910
Heating
NONE
Stories
1
Total area
4,392 SF
Lot
0.1 ac (4,404 SF)
APN
4177-005-003-0005
UPID
US90-1435329
Jurisdiction
SKAGIT
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
1910
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Bergeron Carter Prop Hldgs LLC
Entity
Mailing address
409 NORTHSHORE DR, BELLINGHAM, WA 98226-4418
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2018
$300,000
Bergeron Carter Prop Hldgs LLC
North Cntry Prop Hldgs LLC
Warranty Deed
—
Mar 29, 2013
—
North Cntry Prop Holdings LLC
Gross,johnny E & Elizabeth A
Deed In Lieu Of Foreclosure
related
—
Feb 1, 2011
—
John Gross
Avery,howard J
Deed In Lieu Of Foreclosure
related
—
Sep 1, 2010
—
Howard J Auery
Anderson-keenan,michele F
Quit Claim Deed
related
—
Jul 29, 2010
—
Record Owner
Sheriff Of Skagit County
Trustees Deed
related
—
Dec 2, 2005
$195,000
Michele F Anderson-keenan
Ostrom,donald E & Roberta G
Warranty Deed
$165,000 · Donald E & Roberta G Ostrom
Dec 2, 2005
—
Michele F Anderson-keenan
Keenan,robert
Quit Claim Deed
related
—
—
—
Michele F Anderson-keenan
—
Deed Of Trust
related
$30,000 · Nancy Wiseman
—
—
North Cntry Prop Holdings LLC
—
Deed Of Trust
related
$112,400 · Business Bank
—
—
Michele Anderson
—
Deed Of Trust
related
$367,000 · Johnny Gross
—
—
North Cntry Prop Holdings LLC
—
Deed Of Trust
related
$120,000 · Edward Finlan
—
—
North Cntry Prop Holdings LLC
—
Deed Of Trust
related
$180,000 · Venteurs LLC
—
—
North Cntry Prop Holdings INC
—
Deed Of Trust
related
$20,000 · Skagit Law Group PLLC
—
—
Michele A Keenan
—
Deed Of Trust
related
$20,135 · Handy's Heating INC
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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