New search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Turn key restaurants
10124 Edmonds Way Edmonds, WA 98020-5130
Entity Owned
22-yr Hold
Free & Clear
Property ID
US90-2506775
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2014
Construction
WOOD
Total area
4,215 SF
Lot
1.91 ac (83,200 SF)
Zoning code
E1
APN
610700200200
UPID
US90-2506775
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$665k
Owner & transaction history
Archland Property 1 LLC · 22 yrs held
Archland Property 1 LLC
since 2004
4 recorded transactions
Zoning & alternative use
E1 · Edmonds, WA
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 Edmonds submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmonds 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$158 / 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
$20,395
Tax year 2023
Assessed value
$2,969,000
Assessed 2023
Previous assessed
$2,375,000
+25.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$2,075,800
Assessed improvement
$893,200
Land market value
$2,075,800
Improvement market value
$893,200
Total market value
$2,969,000
Applied tax rate
216.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
2
Total area
4,215 SF
Lot
1.91 ac (83,200 SF)
Zoning code
E1
APN
610700200200
UPID
US90-2506775
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
E1 · Edmonds, WA
Zoning E1 · permitted uses
E1 · Edmonds, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edmonds. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
Archland Property 1 LLC
Entity
Free & Clear · 22 yrs held
Mailing address
9792 EDMONDS WAY #421, EDMONDS, WA 98020-5940
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2004
$605,880
Archland Property 1 LLC
System Capital Real Property
Grant Deed
—
Nov 20, 1998
$600,000
System Capital Real Property
Beck Trust
Grant Deed
related
—
May 9, 1995
$127,860
Aye A Swe
Dominte,vasile & Elena
Grant Deed
$89,600 · First Colony Financial Group
—
—
Vasile Dominte
—
Deed Of Trust
related
$94,500 · Interwest Savings 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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