New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
725 Cherry St, Sumas, WA 98295-9649
Individually Owned
20-yr Hold
Property ID
US90-0918186
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1929
Total area
624 SF
Lot
0.81 ac (35,140 SF)
Zoning code
BTO
APN
410434 498144 0000
UPID
US90-0918186
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rick Kildall · 20 yrs held
Rick Kildall
since 2006
4 recorded transactions
Zoning & alternative use
BTO · Sumas, 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 Sumas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumas 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,974
Tax year 2021
Assessed value
$445,234
Assessed 2022
Previous assessed
$445,234
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$106,552
Assessed improvement
$338,682
Land market value
$106,552
Improvement market value
$338,682
Total market value
$445,234
Applied tax rate
660.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1929
Heating
NONE
Cooling
AC.FAN COOLING
Buildings
2
Stories
1
Bathrooms
1
Total area
624 SF
Lot
0.81 ac (35,140 SF)
Zoning code
BTO
APN
410434 498144 0000
UPID
US90-0918186
Jurisdiction
WHATCOM
Zoning & alternative use
BTO · Sumas, WA
Zoning BTO · permitted uses
BTO · Sumas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Rick Kildall
Individual
Mailing address
1843 N BRIDGEVIEW DR, LYNDEN, WA 98264-8529
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2006
—
Rick Kildall
Kildall,karen J
Quit Claim Deed
related
—
Jun 22, 2005
$375,000
Cherry Strett LLC
Mann,baljinder S
Warranty Deed
$150,000 · Baljinder S Mann
Sep 26, 1997
—
Baljinder S Mann
Old Republic Exchange
Quit Claim Deed
related
—
Jun 6, 1997
$300,000
Republic Exchange Facilita Old
Sumas Mountain Village INC
Grant Deed
$200,000 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 725 Cherry St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
