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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Turn key restaurants
1111 Evelyn Dr, Moses Lake, WA 98837-3082
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2335769
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2013
Total area
4,205 SF
Lot
0.74 ac (32,266 SF)
APN
102121000
UPID
US90-2335769
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$583k
Blend (final)
Blend
$620k
Owner & transaction history
Small Warren · 5 yrs held
Small Warren
since 2021
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
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 Moses Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moses Lake 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
$590,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$715,000
Current use
COMMERCIAL (GENERAL)
$605,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $750k (Feb 2 2021)
Last sale anchor
$750k
Feb 2 2021
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
$147 / 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
Property tax & assessments
Assessed value
$784,441
Assessed 2023
Previous assessed
$588,995
+33.2% YoY
Assessed land
$112,931
Assessed improvement
$671,510
Land market value
$112,931
Improvement market value
$671,510
Total market value
$784,441
Applied tax rate
161.0000
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
2013
Heating
NONE
Total area
4,205 SF
Lot
0.74 ac (32,266 SF)
APN
102121000
UPID
US90-2335769
Jurisdiction
GRANT
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
RESTAURANT Current
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$605,000
RESTAURANT Current
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
2013
Heating
NONE
Lot
0.74 ac
Current owner
From public records · entity-resolved
Small Warren
Individual
Mailing address
5329 RD 122ND SE, OTHELLO, WA 99344-9132
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
$750,000
Small Warren
Diversified Commercial Holdings LLC
Warranty Deed
$302,411 · Diversified Commercial Holdings LLC
Oct 20, 2020
—
Diversified Coml Hldgs LLC
—
Deed
related
—
Jun 5, 2020
$200,000
Th Patchee LP
Vbc Patchee LLC
Warranty Deed
$2,060,000 · Department/commerce
Dec 6, 2016
—
Diversified Coml Holdings LLC
—
Deed
related
$425,000 · Wm E & Betty J Hennessey
Oct 16, 2015
$651,000
Diversified Coml Holdings LLC
Old Blue Coffee House LLC
Warranty Deed
—
Oct 25, 2013
—
Old Blue Coffee House LLC
Yaos LLC
Quit Claim Deed
related
—
Jul 13, 2007
—
Flynn Clarence W Trust
Flynn Clarence W & H C Trust
Quit Claim Deed
—
Jan 19, 2007
—
Evan D Hamilton
Hamilton Robert L
Quit Claim Deed
—
Apr 20, 2006
$3,726
Robert W Hoss
Dunn,marie A
Quit Claim Deed
—
Apr 7, 2006
—
Olympic Coast Investment INC
Fillion Ronald F Trust
Quit Claim Deed
—
Feb 2, 2006
—
Teresa J Robertson
Ishii,yoko
Quit Claim Deed
—
Dec 2, 2005
—
Robert W Hoss
Olympic Coast Investment INC
Quit Claim Deed
related
—
Oct 21, 2005
—
Hovila Harry
Hovila Harry & Iola J Trust
Quit Claim Deed
related
—
Sep 29, 2005
—
Danny L Davis
Davis,cheryl T
Quit Claim Deed
—
Mar 17, 2005
—
Dore Geraldine J Trust
Dore,geraldine J
Quit Claim Deed
related
—
Nov 22, 2004
—
Allan W Hoss
Hoss,allan W
Quit Claim Deed
related
—
Oct 18, 2004
—
Alecia M Nowak
Nowak,edward J
Quit Claim Deed
related
—
Aug 27, 2004
—
John R Winters
Winters John R Psp Of Trust
Quit Claim Deed
related
—
Aug 16, 2004
—
Hamilton Robert L Tr
Hamilton Family
Quit Claim Deed
related
—
Jun 23, 2004
—
R B Logan
Logan,robert B
Quit Claim Deed
related
—
Jun 9, 2004
—
Robert W Hoss
Hoss,julia M
Quit Claim Deed
related
—
Jun 3, 2004
—
James E Maynard
Maynard,james E
Quit Claim Deed
related
—
Jan 29, 2004
—
Yael Gurse
Velensky,naftali
Quit Claim Deed
related
—
—
—
Diversified Coml Holdings LLC
—
Deed Of Trust
related
$425,000 · Wm E & Betty J Hennessey
—
—
Diversified Coml Hldgs LLC
—
Deed Of Trust
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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