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Property profile & analytics
OFF-MARKET
Turn key restaurants
1230 Meade Ave Prosser, WA 99350-1424
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-3355897
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
CONCRETE
Total area
1,904 SF
Lot
0.21 ac (9,004 SF)
Zoning code
71
APN
102844013013001
UPID
US90-3355897
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
-
Shaka Cafe Cafe & Coffee Shop
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
Ms Prosser Group LLC · 6 yrs held
Ms Prosser Group LLC
since 2020
Last sale
$179,775
7 recorded transactions
Zoning & alternative use
71 · Prosser, 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 Prosser submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prosser 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
Property tax & assessments
Assessed value
$142,160
Assessed 2023
Previous assessed
$139,270
+2.1% YoY
Assessed land
$61,350
Assessed improvement
$80,810
Land market value
$61,350
Improvement market value
$80,810
Total market value
$142,160
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
1957
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,904 SF
Lot
0.21 ac (9,004 SF)
Zoning code
71
APN
102844013013001
UPID
US90-3355897
Jurisdiction
BENTON
Zoning & alternative use
71 · Prosser, WAZoning 71 · permitted uses
71 · Prosser, 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
1957
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Ms Prosser Group LLC
Entity
Mailing address
1232 MEADE AVE, PROSSER, WA 99350-1424
Ownership since
2020
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
Sep 23, 2022
—
Ms Prosser Group LLC
—
Deed
related
$284,624 · Banner Bank
Jul 9, 2020
$200,000
Ms Prosser Group LLC
G & R Nw LLC
Warranty Deed
$290,000 · G & R Nw LLC
Jan 16, 2015
$139,000
G & R Nw LLC
Stafford,rick & Stephanie
Grant Deed
—
Jul 12, 2012
$112,500
Rick Stafford
Budget Cap Corp
Warranty Deed
$92,500 · Budget Capital Corp
Aug 26, 2010
$74,441
Budget Cap Corp
Cosgrove,paul S
Trustees Deed
related
—
May 4, 2004
—
Marcia L Sanders
Sanders,gary
Quit Claim Deed
related
—
May 4, 2004
$130,000
Marcia L Sanders
Tower Investments INC
Warranty Deed
$110,000 · Tower Investments INC
—
—
Marcia L Sanders
—
Deed Of Trust
related
$130,000 · Budget Finance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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