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Property profile & analytics
OFF-MARKET
Turn key restaurants
1050 Monte Elma Rd Elma, WA 98541-9505
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-3349305
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Construction
STEEL FRAME
Total area
6,936 SF
Lot
1.45 ac (63,162 SF)
Zoning code
RR
APN
180632130070
UPID
US90-3349305
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
Elma Investment Group LLC · 4 yrs held
Elma Investment Group LLC
since 2022
Last sale
$150,000
4 recorded transactions
Zoning & alternative use
RR · Elma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ary Elma City Limits Building Footprints Zoning County G5 General Development Five Elma C1 Community Business Elma C2 Neighborhood Commercial Elma C3 General Commercial Elma GR General Residential Elma I Industrial Elma RR Rural Residential 0 200 400 Feet (At original document size of 24x36) 1":125' Grays Harbor Council of Governments, EPA Brownfield Assessm…
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
173.54 ac
Source
District Guide
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 Elma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elma 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
$2,514
Tax year 2023
Assessed value
$278,244
Assessed 2022
Previous assessed
$269,821
+3.1% YoY
Effective rate
0.90%
On assessed value
Assessed land
$108,750
Assessed improvement
$169,494
Land market value
$108,750
Improvement market value
$169,494
Total market value
$278,244
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
1971
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
6,936 SF
Lot
1.45 ac (63,162 SF)
Zoning code
RR
APN
180632130070
UPID
US90-3349305
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
RR · Elma, WAZoning RR · permitted uses
RR · Elma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ary Elma City Limits Building Footprints Zoning County G5 General Development Five Elma C1 Community Business Elma C2 Neighborhood Commercial Elma C3 General Commercial Elma GR General Residential Elma I Industrial Elma RR Rural Residential 0 200 400 Feet (At original document size of 24x36) 1":125' Grays Harbor Council of Governments, EPA Brownfield Assessment Grant Date: 7/15/2021 Area-Wide Planning: Ciurrent Zoning Map Coordinate Syste
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
173.54 ac
Source
District Guide
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
Elma Investment Group LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2078 W 51ST AVE, KENNEWICK, WA 99337-4624
Ownership since
2022
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
May 11, 2022
$150,000
Elma Investment Group LLC
Shin Jung Won LLC
Warranty Deed
—
Sep 1, 2005
$480,100
Shin Jung Won LLC
Jung J Moon
Warranty Deed
$252,605 · Pacific International Bank
Aug 13, 2004
$306,875
Jung J Moon
Venture Bank
Grant Deed
$220,000 · Ki H & Kyung S Yoon
Jan 21, 2004
$285,000
Venture Bank
Lewis,douglas C
Trustees Deed
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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