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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Turn key restaurants
13434 1st S Ave Burien, WA 98168-2625
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1401006
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1947
Construction
WOOD
Total area
9,464 SF
Lot
0.31 ac (13,644 SF)
Zoning code
CR
APN
144640-0350
UPID
US90-1401006
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$1.02M
Owner & transaction history
Burien 13434 1st Ave So LLC · 6 yrs held
Burien 13434 1st Ave So LLC
since 2020
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
CR · Burien, WA
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 Burien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burien 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
$1,085,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $950k (Mar 31 2020)
Last sale anchor
$950k
Mar 31 2020
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
$108 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,804
Tax year 2022
Assessed value
$923,200
Assessed 2022
Previous assessed
$923,200
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$245,500
Assessed improvement
$677,700
Land market value
$245,500
Improvement market value
$677,700
Total market value
$923,200
Applied tax rate
932.0000
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
1947
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
9,464 SF
Lot
0.31 ac (13,644 SF)
Zoning code
CR
APN
144640-0350
UPID
US90-1401006
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CR · Burien, WAZoning CR · permitted uses
CR · Burien, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Burien Municipal Code
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Burien 13434 1st Ave So LLC
Entity
Mailing address
13434 1ST AVE S, BURIEN, WA 98168-2625
Mailing matches property
Yes
Owner-occupied
Yes
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
Jun 18, 2020
—
13434 1st Ave So LLC
—
Deed
related
$600,000 · Gee How Oak Tin Foundation
Apr 1, 2020
—
Burien13434 1st Ave So LLC
—
Deed
related
$535,000 · Jc Ents & Investment LLC
Mar 31, 2020
$950,000
Burien 13434 1st Ave So LLC
How Oak Tin Foundation Gee
Warranty Deed
$535,000 · Jc Ents & Investment LLC
Dec 29, 2014
$690,000
How Oak Tin Foundation Gee
Wong Wing D Living Trust
Grant Deed
—
Mar 9, 2012
—
Wong Wing D Living Trust
Wong Family Living Trust
Quit Claim Deed
related
—
Jun 30, 2010
—
Wong W D Family Living Trust
Wong,wing D & Nellie P
Quit Claim Deed
related
—
—
—
Burien13434 1st Ave So LLC
—
Deed Of Trust
related
$535,000 · Jc Ents & Investment LLC
—
—
13434 1st Ave So LLC
—
Deed Of Trust
related
$600,000 · Gee How Oak Tin Foundation
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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