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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
15902 Pacific S Ave Milton, WA 98354
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0887846
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
WOOD FRAME
Total area
1,280 SF
Lot
0.29 ac (12,420 SF)
Zoning code
MUD
APN
5025002551
UPID
US90-0887846
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$525k
Owner & transaction history
The Grantee M&m Investments Grou · 2 yrs held
The Grantee M&m Investments Grou
since 2024
Last sale
$526,910
3 recorded transactions
Zoning & alternative use
MUD · Milton, 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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$590,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$545,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $527k (Mar 29 2024)
Last sale anchor
$527k
Mar 29 2024
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
$410 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,315
Tax year 2024
Assessed value
$530,700
Assessed 2024
Previous assessed
$530,700
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$387,200
Assessed improvement
$143,500
Land market value
$387,200
Improvement market value
$143,500
Total market value
$530,700
Applied tax rate
591.0000
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
1957
Construction
WOOD FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
1,280 SF
Lot
0.29 ac (12,420 SF)
Zoning code
MUD
APN
5025002551
UPID
US90-0887846
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MUD · Milton, WAZoning MUD · permitted uses
MUD · Milton, WA
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
RESTAURANT Current
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$545,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
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
1957
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
The Grantee M&m Investments Grou
Entity
Mailing address
6532 PACIFIC AVE, TACOMA, WA 98408-7322
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
$526,910
The Grantee M&m Investments Grou
Jessica E Kim
Warranty Deed
$400,000 · Sound Banking Company
Mar 29, 2024
—
The Grantee M&m Investments Grou
Jessica E Kim
Warranty Deed
$400,000 · Sound Banking Company
Feb 28, 1992
$137,000
Young W Kim
Unknown
Grant Deed
$80,830 · Seller
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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