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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Drive through restaurants
11909 Ml Pln Blvd Vancouver, WA 98684-6011
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1543112
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Construction
WOOD
Total area
4,470 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CC : VAN
APN
114331-000
UPID
US90-1543112
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
-
European Wax Center Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$555k
Owner & transaction history
Wing Louie Family Limited Partnersh · 9 yrs held
Wing Louie Family Limited Partnersh
since 2016
7 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$124 / 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
$17,184
Tax year 2023
Assessed value
$1,800,300
Assessed 2023
Previous assessed
$1,565,500
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$859,568
Assessed improvement
$940,732
Land market value
$859,568
Improvement market value
$940,732
Total market value
$1,800,300
Applied tax rate
10,143.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
4,470 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CC : VAN
APN
114331-000
UPID
US90-1543112
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Wing Louie Family Limited Partnersh
Individual
Mailing address
PO BOX 86404, PORTLAND, OR 97286-0404
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2016
$3,000,000
Wing Louie Family Limited Partnersh
H&h Wl 7 LLC
Bargain And Sale Deed
$970,000 · Us Bank NA
Apr 30, 2015
—
H & H Wl 7 LLC
—
Trustees Deed
related
$1,600,000 · First Republic Bk
Aug 8, 2014
—
Shui M Wong
Kong,jie
Quit Claim Deed
related
—
Aug 8, 2014
$817,219
H&h Wl 7 LLC
Danny Sai Bong Wan
Warranty Deed
$370,000 · First Republic Bank
Nov 29, 2011
—
Danny S Wan
Wan,danny S
Quit Claim Deed
related
—
Dec 21, 1994
—
Wan D Sai-bong
Wong,ming S
Quit Claim Deed
related
—
—
—
H & H Wl 7 LLC
—
Deed Of Trust
related
$425,000 · Us Bk
—
—
H & H Wl 7 LLC
—
Loan Modification
related
$1,700,000 · First Republic Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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