Restaurant Property with
New
For Sale
$3,150,000
1901 W MAIN St, Battle Ground, WA 98604
CommercialSale, BattleGround, WA
Property Size7,497 SF
Lot Size0.97 Acres
Price / SF$420.17
Days on Market2
Property Features for 1901 W MAIN St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RC
Directions
West on Main St, Building on L (look for sign - Rocky's Pizza)
Subdivision
_61
Standard status
Active
APN
091103126
Size
7,497 SF
Lot size
0.97 Acres
Taxes and HOA fees
Tax Description
#135 SEC 3 T3N R2EWM .97A FOR ASSESSOR USE ONLY THE E 185.36 FT O
Tax Annual Amount
7682
Legal Description
#135 SEC 3 T3N R2EWM .97A FOR ASSESSOR USE ONLY THE E 185.36 FT O
Utilities
Heating system
Forced Air
Cooling system
Heat Pump
Building Details
Year built
1974
Floors in Building
2
Building materials
Log
Roof type
Metal
Listing Agency:
Premiere Property Group, LLC
(360) 693-6139
Listed By:
Lindsey Maze
(360) 798-2786
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 11:06AM
MLS# 780875735
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property includes a 7,497-square-foot building on 0.97 acres, with an existing drive-through component and approximately 35 parking stalls. The layout provides a foundation for restaurant operations and includes substantial indoor space for customer service and back-of-house functions. Construction features include log materials, a metal roof, forced-air heating, and heat-pump cooling. Built in 1974, the property is zoned RC.
The site is located along West Main Street in Battle Ground, Washington, with access to a commercial corridor serving the surrounding area. Its combination of restaurant improvements, drive-through infrastructure, and on-site parking supports continued consideration for food-service use.
The site is located along West Main Street in Battle Ground, Washington, with access to a commercial corridor serving the surrounding area. Its combination of restaurant improvements, drive-through infrastructure, and on-site parking supports continued consideration for food-service use.
Key Highlights
- 7,497‑square‑foot restaurant building on 0.97 acres
- Existing drive‑through component supports continued restaurant use
- Approximately 35 parking stalls
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$127,852
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,557,040
$2.6M
Cap Rate 7%
$1,826,457
$1.8M
Cap Rate 9%
$1,420,578
$1.4M
Market Conditions
NOI Build-Up for 7,497 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$178.1K $23.76/SF
− Vacancy
−$7.7K −$1.02/SF
EGI
$170.5K $22.74/SF
− OpEx
−$42.6K −$5.68/SF
NOI
$127.9K $17.05/SF
Area
Clark County, WA
Vacancy
4.30%
Lease Rate
$23.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,557,040
Cap Rate 7%
$1,826,457
Cap Rate 9%
$1,420,578
Alternative Uses
Best Use
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $127,852 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
193k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 32%
Groceries 15%
Apparel 8%
Albertsons
Groceries
29,267 visits/mo
0.2 miles
Fred Meyer Gas Station
Shops & Services
18,527 visits/mo
0.3 miles
Taco Bell
Dining
18,450 visits/mo
0.1 miles
Goodwill
Apparel
15,705 visits/mo
0.1 miles
Chevron
Shops & Services
14,652 visits/mo
0.3 miles
Demographics for 98604, WA
38,245
Population
13,557
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
72.1 sq mi
ZIP Area
530
Density / Sq Mi
$108,616
Median Household Income
$58,693
Median Earnings
$1,492
Median Rent
$543,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building with an existing drive-through, customer parking, and a layout suited to continued food-service use.
Where is this conventional restaurant located?
The property is located at 1901 W MAIN St Battle Ground, WA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 7,497‑square‑foot restaurant building on 0.97 acres; Existing drive‑through component supports continued restaurant use; Approximately 35 parking stalls
