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Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Grocery and convenience stores
7718 Bridgeport W Way, Lakewood, WA 98499-8380
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1066431
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1971
Construction
WOOD FRAME
Total area
1,708 SF
Lot
0.42 ac (18,086 SF)
Zoning code
NC2
APN
220263043
UPID
US90-1066431
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
-
Mobil Gas Station
-
Krispy Krunchy Chicken Restaurant Take-out & Catering
-
Four Corners Grocery & Convenience Store
-
Lakewood Historical Marker Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$2.62M
Owner & transaction history
Mannat LLC · 2 yrs held
Mannat LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
NC2 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$2,620,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±10% · vs last sale $2.62M (May 15 2024)
Last sale anchor
$2.62M
May 15 2024
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
$1,534 / 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
$11,054
Tax year 2024
Assessed value
$974,900
Assessed 2024
Previous assessed
$974,900
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$647,100
Assessed improvement
$327,800
Land market value
$647,100
Improvement market value
$327,800
Total market value
$974,900
Applied tax rate
760.0000
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
1971
Construction
WOOD FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
1,708 SF
Lot
0.42 ac (18,086 SF)
Zoning code
NC2
APN
220263043
UPID
US90-1066431
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2 · Lakewood, WA
Zoning NC2 · permitted uses
NC2 · Lakewood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Mannat LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$2,620,000
Mannat LLC
Thind Corporation
Warranty Deed
$2,412,000 · Pcb Bank
Sep 25, 2020
$1,500,000
Th
Sall Ents III LLC
Warranty Deed
—
Sep 3, 2019
$1,527,692
Sall Enterprises III LLC
Ribis INC
Warranty Deed
$1,430,000 · Pacific City Bank
Sep 3, 2019
—
Ribis INC
Sm Kims INC
Correction Deed
related
—
Sep 21, 2007
$1,590,000
Ribis INC
Sm Kims INC
Warranty Deed
$1,380,000 · Unibank
Jun 7, 2006
$945,000
Sm Kims INC
Yong Bok Yun
Warranty Deed
$1,100,000 · Center Bank
Mar 22, 2001
$625,000
Yong B Yun
Atlantic Richfield Co
Grant Deed
$900,000 · Heritage Bank
—
—
Sm Kims INC
—
Deed Of Trust
related
$100,000 · Mallard Investments LLC
—
—
Thind Corp
—
Deed Of Trust
related
$1,800,000 · Pacific Cty Bk
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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