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Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Turn key restaurants
12021 State Rte 530th NE Arlington, WA 98223-8527
Entity Owned
~
Est. High Equity
Property ID
US90-1439778
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Construction
WOOD
Total area
7,104 SF
Lot
2.59 ac (112,820 SF)
Zoning code
NB
APN
32062900201300
UPID
US90-1439778
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
$4.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$4.09M
Owner & transaction history
Im & Im Corporation
Im & Im Corporation
since 2026
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
NB · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
$4,090,000
ML approach
$4,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,680,000
Current use
AUTO REPAIR, GARAGE
$3,080,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±10% · vs last sale $4.13M (Jan 31 2022)
Last sale anchor
$4.13M
Jan 31 2022
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
$576 / 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
$25,059
Tax year 2023
Assessed value
$3,040,200
Assessed 2023
Previous assessed
$2,839,500
+7.1% YoY
Effective rate
0.82%
On assessed value
Assessed land
$385,100
Assessed improvement
$2,655,100
Land market value
$385,100
Improvement market value
$2,655,100
Total market value
$3,040,200
Applied tax rate
1,151.0000
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
1999
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
7,104 SF
Lot
2.59 ac (112,820 SF)
Zoning code
NB
APN
32062900201300
UPID
US90-1439778
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Arlington, WA
Zoning NB · permitted uses
NB · Arlington, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
2.59 ac
Current owner
From public records · entity-resolved
Im & Im Corporation
Entity
Mailing address
12021 STATE RTE 530TH NE, ARLINGTON, WA 98223-8527
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Im & Im Corporation
Trafton General Store LLC
Deed
related
—
Jun 5, 2025
—
Im & Im Corporation
—
Deed
related
$580,000 · Us Metro Bank
Jan 31, 2022
$4,125,000
Im & Im Corporation
Trafton General Store LLC
Warranty Deed
$3,540,000 · Hanmi Bank
Jan 12, 2016
$2,800,000
Trafton General Store LLC
Hj1j Corp
Warranty Deed
$2,830,000 · Unibank
Nov 30, 2007
$2,730,000
Hjij Corp
Tgs Investments INC
Warranty Deed
$1,458,750 · Unibank
Jun 30, 2006
$1,450,000
Tgs Investments INC
Burdette Virginia A
Quit Claim Deed
related
$1,400,000 · First Heritage Bank
Sep 23, 1998
—
Carl E Gott
—
Grant Deed
related
$1,275,000 · First Heritage Bank
Sep 18, 1995
—
Carl E Gott
Behner,parker A & Audrey
Quit Claim Deed
related
—
—
—
Carl E Gott
—
Deed Of Trust
related
$470,400 · First Heritage Bank
—
—
Carl E Gott
—
Deed Of Trust
related
$88,000 · First Heritage Bank
—
—
Hjij Corp
—
Deed Of Trust
related
$503,000 · Northwest Busn Dev Assn
—
—
Carl E Gott
—
Deed Of Trust
related
$1,290,000 · First Heritage Bank
—
—
Harold Eastbury
—
Deed Of Trust
related
$29,451 · Nw Homeworks INC
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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