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Property profile & analytics
OFF-MARKET
Turn key restaurants
124 Simpson Ave, Mccleary, WA 98557-9657
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3089897
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
STEEL FRAME
Total area
2,970 SF
Lot
0.06 ac (2,614 SF)
APN
618051144008
UPID
US90-3089897
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
Bandana Brewing Company LLC · 2 yrs held
Bandana Brewing Company LLC
since 2024
Last sale
$315,000
6 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 Mccleary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mccleary 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
$1,822
Tax year 2023
Assessed value
$206,379
Assessed 2022
Previous assessed
$190,988
+8.1% YoY
Effective rate
0.88%
On assessed value
Assessed land
$19,305
Assessed improvement
$187,074
Land market value
$19,305
Improvement market value
$187,074
Total market value
$206,379
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1950
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,970 SF
Lot
0.06 ac (2,614 SF)
APN
618051144008
UPID
US90-3089897
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
Zoning · permitted uses
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
1950
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Bandana Brewing Company LLC
Entity
Mailing address
109 SMT PL DR, MCCLEARY, WA 98557-9502
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
$315,000
Bandana Brewing Company LLC
Baba Foods Co LLC
Warranty Deed
$240,000 · Baba Foods Co LLC
Mar 23, 2023
—
Baba Foods Co LLC
Pb Properties Corp
Intrafamily Transfer
related
—
Feb 26, 2021
$180,000
Pb Properties Corp
Aunt Grannys LLC
Warranty Deed
—
Mar 25, 2008
$165,000
Rain Country Restaurant
Anensen Family Living Trust
Warranty Deed
—
—
—
Aunt Grannys LLC
—
Deed Of Trust
related
$158,148 · Sterling Bank
—
—
Aunt Grannys LLC
—
Deed Of Trust
related
$165,000 · Anchor Mutual Savings Bank
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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