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Property profile & analytics
OFF-MARKET
Estimated value
$5,620,000
Grocery and convenience stores
7801 Detroit SW Ave, Seattle, WA 98106-3901
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0653446
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
WOOD
Total area
3,300 SF
Lot
0.72 ac (31,200 SF)
Zoning code
IG2 U/85
APN
302404-9181
UPID
US90-0653446
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
-
Amazon Hub Locker - Heimdallr Postal Service Courier Service
-
Hot Stuff Pizza Restaurant
-
ATM (Seaport Food Mart) Atm
-
Shell Gas Station
-
Seaport Food Mart Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.99M
Blend (final)
Blend
$5.62M
Owner & transaction history
Shree Saini LLC · 5 yrs held
Shree Saini LLC
since 2021
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
IG2 U/85 · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$5,600,000
ML approach
$5,640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.62M
Range $5.06M – $6.18M · ±10% · vs last sale $5.62M (Apr 5 2021)
Last sale anchor
$5.62M
Apr 5 2021
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
$1,703 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$26,934
Tax year 2022
Assessed value
$2,591,800
Assessed 2022
Previous assessed
$2,591,800
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,404,000
Assessed improvement
$1,187,800
Land market value
$1,404,000
Improvement market value
$1,187,800
Total market value
$2,591,800
Applied tax rate
10.0000
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
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
3,300 SF
Lot
0.72 ac (31,200 SF)
Zoning code
IG2 U/85
APN
302404-9181
UPID
US90-0653446
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IG2 U/85 · Seattle, WA
Zoning IG2 U/85 · permitted uses
IG2 U/85 · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Shree Saini LLC
Entity
Mailing address
7801 DETROIT AVE SW, SEATTLE, WA 98106-3901
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
$5,620,114
Shree Saini LLC
Mds Enterprise INC
Warranty Deed
—
May 1, 2017
$2,900,000
Mds Enterprise INC
Djp Enterprise INC
Warranty Deed
$2,270,000 · Open Bank
Jun 13, 2008
$2,200,000
Djp Enterprise INC
Eternity Parks INC
Warranty Deed
—
Feb 27, 2006
$1,660,000
Eternity Parks INC
Port Indl Marine Props LLC
Grant Deed
$1,760,000 · Nara Bank
—
—
Djp Ent INC
—
Loan Modification
related
$373,000 · Hanmi Bk
—
—
Eternity Parks INC
—
Deed Of Trust
related
$426,000 · Sun R Park
—
—
Eternity Parks INC
—
Deed Of Trust
related
$148,000 · Sun R Park
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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