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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Turn key restaurants
12900 Shelton Matlock Rd Shelton, WA 98584-8006
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0107840
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
STEEL FRAME
Total area
2,391 SF
Lot
0.86 ac (37,462 SF)
APN
52009-22-90011
UPID
US90-0107840
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Eric Seely · 5 yrs held
Eric Seely
since 2021
Last sale
$830,000
5 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 Shelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelton 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
$1,010,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $830k (Jun 18 2021)
Last sale anchor
$830k
Jun 18 2021
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
$381 / 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
$4,417
Tax year 2023
Assessed value
$584,880
Assessed 2023
Previous assessed
$474,135
+23.4% YoY
Effective rate
0.76%
On assessed value
Assessed land
$130,965
Assessed improvement
$453,915
Land market value
$130,965
Improvement market value
$453,915
Total market value
$584,880
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
1950
Construction
STEEL FRAME
Heating
BASEBOARD
Buildings
3
Stories
1
Total area
2,391 SF
Lot
0.86 ac (37,462 SF)
APN
52009-22-90011
UPID
US90-0107840
Jurisdiction
MASON
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
BASEBOARD
Stories
1
Buildings
3
Lot
0.86 ac
Current owner
From public records · entity-resolved
Eric Seely
Individual
Mailing address
469 S FRK RD, RAYMOND, WA 98577-9596
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2021
$830,000
Eric Seely
Amil C Emery JR
Warranty Deed
$622,500 · Timberland Bank
Mar 30, 2018
$191,000
Amil C Emery JR
South Sound Trustee Svcs|roadslesstraveled LLC
Trustees Deed
related
—
Feb 1, 2012
$225,000
Roadslesstraveled LLC
Nahwatzel Holdings LLC
Warranty Deed
$175,000 · Nahwatzel Holdings INC
Jan 22, 2010
$370,782
Nahwatzel Holdings LLC
Sneva Joshua C
Trustees Deed
related
—
Apr 5, 2006
$257,500
Linda E Rose
Nahwatzel Holdings LLC
Warranty Deed
$250,000 · Nahwatzel Holdings LLC
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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