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Property profile & analytics
OFF-MARKET
Turn key restaurants
104 Locust St Waterville, WA 98858-5815
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2032146
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,875 SF
Lot
0.06 ac (2,614 SF)
Zoning code
1
APN
10700500302
UPID
US90-2032146
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rene H Davila · 2 yrs held
Rene H Davila
since 2023
Last sale
$192,000
6 recorded transactions
Zoning & alternative use
1 · Waterville, 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 Waterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$715
Tax year 2023
Assessed value
$74,200
Assessed 2023
Previous assessed
$71,100
+4.4% YoY
Effective rate
0.96%
On assessed value
Assessed land
$8,500
Assessed improvement
$65,700
Land market value
$8,500
Improvement market value
$65,700
Total market value
$74,200
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
1,875 SF
Lot
0.06 ac (2,614 SF)
Zoning code
1
APN
10700500302
UPID
US90-2032146
Jurisdiction
DOUGLAS
Zoning & alternative use
1 · Waterville, WAZoning 1 · permitted uses
1 · Waterville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Rene H Davila
Individual
Mailing address
PO BOX 375, WATERVILLE, WA 98858-0375
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
$192,000
Rene H Davila
Eyvonne Loomis
Warranty Deed
$119,000 · Eyvonne Loomis
Oct 17, 2023
—
Rosa H Casillas
Porfirio Casillas
Intrafamily Transfer
related
—
Feb 28, 2018
$83,765
Eyvonne Loomis
Gearhart,j Walter & Marilyn
Warranty Deed
$72,000 · J Walter & Marilyn Gearhart
Mar 29, 2017
$81,438
J Walter Gearhart
Dean Arthur Properties LLC
Warranty Deed
—
Nov 13, 2007
$57,173
Dean Arthur Properties LLC
Holmes,lauri
Quit Claim Deed
related
—
Dec 1, 2006
$85,000
Holmes Investment Props LLC
Bayless,william E & Linda J
Warranty Deed
—
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.
Try Rey
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