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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Retail properties & Spaces
931 Johns Pr Rd Shelton, WA 98584-1270
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2064000
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1988
Construction
STEEL FRAME
Total area
3,200 SF
Lot
0.97 ac (42,253 SF)
APN
32007-11-90140
UPID
US90-2064000
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$920k
Owner & transaction history
Audentes Fortuna Luvat LLC · 1 yrs held
Audentes Fortuna Luvat LLC
since 2025
Last sale
$977,472
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$655,000
+36.2%
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 Shelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $977k (Oct 2 2024)
Last sale anchor
$977k
Oct 2 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
$288 / 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
$4,877
Tax year 2023
Assessed value
$507,780
Assessed 2023
Previous assessed
$469,690
+8.1% YoY
Effective rate
0.96%
On assessed value
Assessed land
$123,885
Assessed improvement
$383,895
Land market value
$123,885
Improvement market value
$383,895
Total market value
$507,780
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 properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
3,200 SF
Lot
0.97 ac (42,253 SF)
APN
32007-11-90140
UPID
US90-2064000
Jurisdiction
MASON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$655,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Audentes Fortuna Luvat LLC
Entity
Mailing address
933 E JOHNS PR RD, SHELTON, WA 98584-1270
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
$977,472
Audentes Fortuna Luvat LLC
Premium Roast LLC
Warranty Deed
$880,000 · Premium Roast LLC
Apr 26, 2024
—
Premium Roast LLC
—
Deed
related
$1,000,000 · Wadot Capital INC
Nov 22, 2019
$159,478
Premium Roast LLC
Dennis D Coughlin
Warranty Deed
—
Nov 22, 2019
—
Dennis D Coughlin
—
Deed
related
—
Oct 11, 2013
$280,000
Dennis D Coughlin
Jmj Golden Rule Properties LLC
Warranty Deed
$250,000 · Jmj Golden Rule Properties LLC
Jun 29, 2010
—
Jmj Golden Rule Properties LLC
Jones M J & C J Trust
Quit Claim Deed
related
—
Jun 29, 2007
$265,000
Jones M J & C J Family Trust
Mcdonald,robert W & Gloria J
Warranty Deed
—
—
—
Dennis D Coughlin
—
Loan Modification
related
—
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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