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Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Grocery and convenience stores
7102 Stinson Ave Gig Harbor, WA 98335-4931
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0898539
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1995
Construction
WOOD FRAME
Total area
2,000 SF
Lot
0.19 ac (8,276 SF)
Zoning code
B-2
APN
221074032
UPID
US90-0898539
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
-
Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.65M
Owner & transaction history
Tbs Oil Corporation 3 · 4 yrs held
Tbs Oil Corporation 3
since 2022
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
B-2 · Gig Harbor, 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 Gig Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gig Harbor 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
$8,795,000
ML approach
$8,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±10% · vs last sale $8.50M (Feb 2 2022)
Last sale anchor
$8.50M
Feb 2 2022
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
$4,325 / 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
$8,892
Tax year 2024
Assessed value
$1,048,500
Assessed 2024
Previous assessed
$1,048,500
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$233,700
Assessed improvement
$814,800
Land market value
$233,700
Improvement market value
$814,800
Total market value
$1,048,500
Applied tax rate
75.0000
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
1995
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
5
Stories
2
Units
1
Bathrooms
1
Total area
2,000 SF
Lot
0.19 ac (8,276 SF)
Zoning code
B-2
APN
221074032
UPID
US90-0898539
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Gig Harbor, WA
Zoning B-2 · permitted uses
B-2 · Gig Harbor, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gig Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
5
Units
1
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Tbs Oil Corporation 3
Entity
Mailing address
7102 STINSON AVE, GIG HARBOR, WA 98335-4931
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$8,500,000
Tbs Oil Corporation 3
Kae & Sook Corporation
Land Contract
$700,000 · Not Available
Jul 19, 2013
$291,000
Kae & Sook Corp
7102 Stinson LLC
Warranty Deed
—
Dec 26, 2008
—
7102 Stinson LLC
Morris,thomas G JR
Quit Claim Deed
related
—
May 6, 2003
$698,039
Kae & Sook Corp
Nelsen Enterprise INC
Quit Claim Deed
related
—
Oct 17, 1988
$12,500
Thomas G Morris JR
Unknown
Grant Deed
—
—
—
Kae & Sook Corp
—
Deed Of Trust
related
$400,000 · Hanmi Bank
—
—
Kae & Sook Corp
—
Deed Of Trust
related
$133,000 · Pacific Union Bank
—
—
Kae & Sook Corp
—
Deed Of Trust
related
$1,330,000 · Pacific Union 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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