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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Retail space
7837 Martin E Way Olympia, WA 98516-5731
Individually Owned
~
Est. High Equity
Property ID
US90-1045448
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD FRAME
Total area
7,695 SF
Lot
3.25 ac (141,570 SF)
APN
1181-13-41200
UPID
US90-1045448
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
-
AYCH Electronics Computer & Electronic Repair
-
Bigfoot Hobbies (Bike/Boat/Book/etc) Store
-
Oriental Massage Alternative Medicine Practice Spa & Massage Center
-
Vendetta Craft Beers (Bike/Boat/Book/etc) Store Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Yunn Hwang Bu
Yunn Hwang Bu
since 2026
7 recorded transactions
Zoning & alternative use
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 Olympia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia 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%
$1,550,000
6.5%
$1,430,000
7%
$1,325,000
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$154 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$43,612
Tax year 2023
Assessed value
$4,153,600
Assessed 2022
Previous assessed
$3,890,600
+6.8% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,035,600
Assessed improvement
$3,118,000
Land market value
$1,035,600
Improvement market value
$3,118,000
Total market value
$4,153,600
Applied tax rate
239.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
2
Total area
7,695 SF
Lot
3.25 ac (141,570 SF)
APN
1181-13-41200
UPID
US90-1045448
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
3.25 ac
Current owner
From public records · entity-resolved
Yunn Hwang Bu
Individual
Mailing address
PO BOX 12886, OLYMPIA, WA 98508-2886
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Yunn Hwang Bu
Eui Sun Hwang
Deed
related
—
Apr 10, 2020
—
Eui S Hwang
—
Deed
related
$254,000 · Timberland Bank
Jul 24, 2017
—
Bu Y Hwang
Hwang,eui S & Sung L
Quit Claim Deed
related
—
Jul 31, 2007
—
Eui S Hwang
—
Trustees Deed
related
$4,360,900 · Westsound Bank
Aug 1, 2006
—
Eui S Hwang
Fishbeck James S
Warranty Deed
—
Feb 28, 1990
$515,000
Eui S Hwang
Unknown
Grant Deed
—
—
—
Eui S Hwang
—
Deed Of Trust
related
$280,000 · Kitsap Bank
—
—
Eui S Hwang
—
Deed Of Trust
related
$280,000 · Washington First Int'l Bank
—
—
Eui S Hwang
—
Deed Of Trust
related
$1,103,472 · City Bank
—
—
Eui S Hwang
—
Deed Of Trust
related
$201,540 · Olympic Bank
—
—
Eui S Hwang
—
Deed Of Trust
related
$2,585,000 · Keb La Financial Corp
—
—
Eui S Hwang
—
Deed Of Trust
related
$2,585,000 · Martin Way Lenders LLC
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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