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Property profile & analytics
OFF-MARKET
Estimated value
$2,465,000
Grocery and convenience stores
8250 Railroad SE Ave Snoqualmie, WA 98065
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1010349
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1995
Construction
WOOD
Total area
4,424 SF
Lot
0.46 ac (20,160 SF)
Zoning code
BG
APN
784920-0575
UPID
US90-1010349
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
-
76 Gas Station
-
Town Pump Mart & Deli Grocery & Convenience Store
-
Krispy Krunchy Chicken Restaurant
-
Snoqualmie Express Garage Door Repair Service - New Garage Doors Install - Spring & Opener Replacement Corporate Office
-
NW Roofing Services - Re Roof - New Roof – Roofer Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.47M
Owner & transaction history
Rr2 LLC · 1 yrs held
Rr2 LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
BG · Snoqualmie, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
inimum lot area; c. R-1-4 subdistrict, 4,000 square foot minimum lot area; 3. R-2 two- and three-family district; 4. R-3 medium density residential district; 5. PR planned residential district; B. Business districts: 1. BG business-general district; 2. BO business-office district; 3. BR business-retail districts: a. BR-1 subdistrict, within the downtown hist…
Zone name
Business General
General category
INDUSTRIAL
Zone area
10.08 ac
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 Snoqualmie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snoqualmie 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
$2,465,000
ML approach
$2,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±10% · vs last sale $2.46M (Aug 9 2024)
Last sale anchor
$2.46M
Aug 9 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
$557 / 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
$13,064
Tax year 2022
Assessed value
$1,495,800
Assessed 2022
Previous assessed
$1,495,800
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$302,400
Assessed improvement
$1,193,400
Land market value
$302,400
Improvement market value
$1,193,400
Total market value
$1,495,800
Applied tax rate
2,277.0000
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
1995
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,424 SF
Lot
0.46 ac (20,160 SF)
Zoning code
BG
APN
784920-0575
UPID
US90-1010349
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
BG · Snoqualmie, WAZoning BG · permitted uses
BG · Snoqualmie, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
inimum lot area; c. R-1-4 subdistrict, 4,000 square foot minimum lot area; 3. R-2 two- and three-family district; 4. R-3 medium density residential district; 5. PR planned residential district; B. Business districts: 1. BG business-general district; 2. BO business-office district; 3. BR business-retail districts: a. BR-1 subdistrict, within the downtown historic district retail overlay zone; b. BR-2 subdistrict, all other BR-zoned areas;
Zone name
Business General
General category
INDUSTRIAL
Zone area
10.08 ac
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Rr2 LLC
Entity
Mailing address
PO BOX 1095, SNOQUALMIE, WA 98065-1095
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Rr2 LLC
—
Deed
related
$220,000 · Yongki Kim Etal
Aug 9, 2024
$2,464,807
Rr2 LLC
Andy & Lakeside INC
Warranty Deed
$2,546,500 · Ready Capital Corp
Jul 30, 2019
—
Andy & Lakeside INC
—
Deed
related
$1,800,000 · Pacific City Bank
Mar 27, 2017
—
Andy & Lakeside INC
—
Deed
related
$1,750,000 · Pacific City Bank
Feb 5, 2013
$1,900,000
Andy & Lakeside INC
M E K Corporation
Warranty Deed
$1,791,000 · Prime Pacific Bank N A
Nov 19, 2002
$1,200,000
M E K Corp
Refvem Enterpries INC
Grant Deed
$200,000 · Tosco Corp
May 21, 1999
—
Ralph H Eddings
Hover,glen D & Lisbeth L
Quit Claim Deed
related
—
—
—
Mek Corp
—
Deed Of Trust
related
$250,000 · North County Bank
—
—
Refvem Enterprises INC
—
Deed Of Trust
related
$1,368,000 · General Electric Capital Corp
—
—
Andy & Lakeside INC
—
Deed Of Trust
related
$20,000 · Massoud Forghani
—
—
Mek Corp INC
—
Deed Of Trust
related
$950,000 · Whidbey Island Bank
—
—
Andy & Lakeside INC
—
Deed Of Trust
related
$125,000 · Phillips 66 Co
—
—
Mek Corp
—
Deed Of Trust
related
$457,750 · North County Bank
—
—
Mek Corp
—
Deed Of Trust
related
$50,000 · North County Bank
—
—
Refvem Enterprises INC
—
Deed Of Trust
related
—
—
—
Glen D Hover
—
Deed Of Trust
related
$125,000 · Valley Community Bank
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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