Entity Owned Property summary
AI-generated overview
The property includes an operating tavern configuration with an extensive bar area, kitchenette, walk-in refrigerator, and amenities such as a heated outdoor beer patio/garden, pull-tab setup, dart machines, karaoke, and three professional tournament pool tables. It also features a warehouse building measuring approximately 40 by 80 feet with ground-level ceilings of about 15 feet and an electrical service capacity of approximately 320 amps. Upper loft office space is included, with a bathroom and laundry facilities. The site provides ample parking and is suited for light industrial use, and it is zoned MHDC. The property is positioned along a high-traffic corridor with approximately 45,000 vehicles passing by per day, and neighboring land is planned for a 100-unit mixed-use apartment development, with potential for additional mixed-use or specialized uses in adjacent development plans.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1975
Construction
WOOD FRAME
Total area
4,160 SF
Lot
0.69 ac (30,056 SF)
APN
1181-24-20201
UPID
US90-0588228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Discount Store Party Supply Store
-
Nightclub Theater & Performing Art Venue
-
Bar & Pub
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$430k
Blend (final)
Blend
$690k
Owner & transaction history
since 2019
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$690k
Value range
$621k – $759k
±10% around blend
Estimated value / SF
$166 / SF
Confidence
High
13 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$621k
blend $690k
$759k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,160 SF
Lot area
0.69 ac
Year built
1975
Stories
1
APN
1181-24-20201
Assessed value
$964,100
Annual tax
$9,214
3
Income approach: direct capitalization
Partial preview
Income approach indication
$775k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$835k
@ 6.5% CAP return
$775k
@ 7% CAP return
$715k
4
Sales comparison
Partial preview
Sales approach indication
$1.27M
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.4 mi away · 3,499 SF
10.4 mi away · 3,499 SF
10.9 mi away · 3,506 SF
12.9 mi away · 4,106 SF
18.1 mi away · 5,120 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$690k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$403
-59%
Submarket 141 sales
$367
-55%
County 179 sales
$351
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $166/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$964k
Move the market yield to see immediate price impact.
Value / SF
$232
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$61k
$1.21M
$868k
$675k
$67k
$1.35M
$964k
$750k
$74k
$1.48M
$1.06M
$825k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$1.50M
4.7 mi · Apr 2026 · $319/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,214
Tax year 2023
Assessed value
$964,100
Assessed 2022
Previous assessed
$827,800
+16.5% YoY
Effective rate
0.96%
On assessed value
Assessed land
$343,400
Assessed improvement
$620,700
Land market value
$343,400
Improvement market value
$620,700
Total market value
$964,100
Applied tax rate
241.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1975
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
4,160 SF
Lot
0.69 ac (30,056 SF)
APN
1181-24-20201
UPID
US90-0588228
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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