Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Turn key restaurants
12501 2nd Cir Vancouver, WA 98684-6022
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US90-1045519
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Construction
WOOD
Total area
8,175 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CC : VAN
APN
114727-670
UPID
US90-1045519
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
-
Mc Grath's Fish House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$945k
Owner & transaction history
Mcgraths Properties LLC · 27 yrs held
Mcgraths Properties LLC
since 1999
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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$116 / 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
$31,723
Tax year 2023
Assessed value
$3,324,500
Assessed 2023
Previous assessed
$2,890,900
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,318,952
Assessed improvement
$2,005,548
Land market value
$1,318,952
Improvement market value
$2,005,548
Total market value
$3,324,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
OTHER
Cooling
CENTRAL
Stories
1
Total area
8,175 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CC : VAN
APN
114727-670
UPID
US90-1045519
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
1999
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Mcgraths Properties LLC
Entity
Mailing address
PO BOX 21645, KEIZER, OR 97307-1645
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
—
Mcgraths Publick Fish Hse LLC
—
Deed
related
$1,500,000 · National Ln Acquisitions
Jan 30, 2019
—
Mcgraths Publick Fish Hse LLC
—
Deed
related
$333,000 · John & Deborah Mcgrath
Nov 19, 2018
—
Mcgrath Publick Fish House LLC
—
Deed
related
$750,000 · Valley Coast LLC
Jun 23, 2017
—
Mcgraths Publick Fish Hse LLC
—
Deed
related
$3,707,000 · National Ln Acquisitions
Jun 29, 1999
—
Mcgraths Properties LLC
Mcgraths South Gateway LLC
Quit Claim Deed
related
$1,620,000 · Us Bank
Feb 2, 1998
$725,000
Mcgraths South Gateway LLC
Donco INC
Grant Deed
$362,500 · Us Bank
—
—
Mcgraths Properties LLC
—
Deed Of Trust
related
$650,000 · Key Bank & Trust
—
—
Mcgraths Publick Fish Hse LLC
—
Deed Of Trust
related
$333,000 · John & Deborah Mcgrath
—
—
Mcgraths Publick Fish Hse LLC
—
Loan Modification
related
$1,500,000 · National Ln Acquisitions
—
—
Mcgraths Properties LLC
—
Deed Of Trust
related
$1,500,000 · Community Economic Dev Co Co
—
—
Mcgraths Properties LLC
—
Deed Of Trust
related
$750,000 · Northwest Business Dev Assn
—
—
Mcgraths Publick Fish Hse LLC
—
Loan Modification
related
$3,707,000 · National Ln Acquisitions
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12501 2nd Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
