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Property profile & analytics
OFF-MARKET
Estimated value
$5,740,000
Grocery and convenience stores
731 Columbia Ctr Blvd, Kennewick, WA 99336-7761
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3234306
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Construction
CONCRETE
Total area
34,382 SF
Lot
7.2 ac (313,632 SF)
APN
131994000005000
UPID
US90-3234306
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
-
Sushi Ya Restaurant
-
Mattress Depot USA Furniture & Home Goods
-
Summit Up To Hair Hair Salon Nail Salon
-
C & K Nails Nail Salon
-
Wholesale Dumpster Rental Kennewick Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.23M
Comparable Approach
Comparable
$5.83M
Blend (final)
Blend
$5.74M
Owner & transaction history
Kent Business Builders LLC · 3 yrs held
Kent Business Builders LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+47.7%
Office building
$7.5M
+30.0%
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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,745,000
6.5%
$6,225,000
7%
$5,780,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,785,000
Current use
RESTAURANT
$8,540,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$7,520,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$5.74M
Range $5.17M – $6.31M · ±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
$167 / 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
Property tax & assessments
Assessed value
$10,956,650
Assessed 2023
Previous assessed
$10,290,560
+6.5% YoY
Assessed land
$3,555,560
Assessed improvement
$7,401,090
Land market value
$3,555,560
Improvement market value
$7,401,090
Total market value
$10,956,650
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
1990
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
34,382 SF
Lot
7.2 ac (313,632 SF)
APN
131994000005000
UPID
US90-3234306
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
RESTAURANT
Est. value
$8.5M
OFFICE BUILDING
Est. value
$7.5M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
7.2 ac
Current owner
From public records · entity-resolved
Kent Business Builders LLC
Entity
Mailing address
7500 ROOSEVELT WAY NE, SEATTLE, WA 98115-4221
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
—
Kent Business Builders LLC
Columbla Summit LLC
Warranty Deed
$7,000,000 · Telco Community Cu
May 23, 2007
$8,075,000
Columbia Summit LLC
Foggy,john S
Warranty Deed
$6,000,000 · Artesia Mortgage Capital Corp
May 23, 2007
—
James R Halford
Halford,james R
Quit Claim Deed
—
Oct 7, 2005
—
St Liquor Control B Washington
Foggy Of Halford Ptshp
Grant Deed
related
—
—
—
731 Columbia LLC
—
Deed Of Trust
related
$6,000,000 · Sound Cu
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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