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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Turn key restaurants
13724 Laconner Whitney Rd Mount Vernon, WA 98273-4716
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US90-3324208
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Total area
9,540 SF
Lot
3.75 ac (163,350 SF)
APN
340307-0-020-0105
UPID
US90-3324208
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
-
Shawn O'Donnell's at the Farmhouse Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.15M
Owner & transaction history
Terry E Brazas · 19 yrs held
Terry E Brazas
since 2006
7 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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Change: -15% · Conversion: Difficult
OFFICE BUILDING
$1,620,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±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
$121 / 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
$22,906
Tax year 2022
Assessed value
$2,023,900
Assessed 2021
Previous assessed
$2,023,900
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$939,300
Assessed improvement
$1,084,600
Land market value
$939,300
Improvement market value
$1,084,600
Total market value
$2,023,900
Applied tax rate
1,590.0000
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
1980
Heating
NONE
Stories
1
Total area
9,540 SF
Lot
3.75 ac (163,350 SF)
APN
340307-0-020-0105
UPID
US90-3324208
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Lot
3.75 ac
Current owner
From public records · entity-resolved
Terry E Brazas
Individual
Mailing address
4501 WOODSIDE DR, ANACORTES, WA 98221-8724
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
Skagit Farmhouse LLC
—
Deed
related
$1,368,000 · Coastal Community Bank
Sep 18, 2006
$1,933,919
Terry E Brazas
Apter,robert L
Warranty Deed
$151,700 · Skagit State Bank
—
—
Tore Dybfest
—
Deed Of Trust
related
$153,198 · Skagit State Bank
—
—
Tore Dybfest
—
Deed Of Trust
related
$120,244 · Food Services INC
—
—
Tore Dybfest
—
Deed Of Trust
related
$1,528,727 · Skagit State Bank
—
—
Tore Dybfest
—
Deed Of Trust
related
$100,950 · Skagit State Bank
—
—
Terry E Brazas
—
Deed Of Trust
related
$1,364,614 · Skagit State Bank
—
—
Terry E Brazas
—
Deed Of Trust
related
$813,000 · Northwest Busn Dev Assn
—
—
Tore Dybfest
—
Deed Of Trust
related
$150,000 · Key Bank Of Washington
—
—
Terry E Brazas
—
Deed Of Trust
related
$1,916,500 · Skagit State Bank
—
—
Terry E Brazas
—
Deed Of Trust
related
$248,900 · Skagit Bk
—
—
Terry E Brazas
—
Deed Of Trust
related
$61,000 · Skagit State Bank
—
—
Tore Dybfest
—
Deed Of Trust
related
$202,597 · Skagit State 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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