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    Property profile & analytics

    1594 Main St Freeland, WA 98249-9499

    • Turn key restaurants
    • 1,252 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US90-0777987
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rocket Taco / Taco Restaurant / Bar
    • Whidbey Island Ice Cream Co. / Ice Cream Shop
    • Freeland Freeze / Ice Cream Shop

    Property Details for 1594 Main St

    Year built
    1952
    Lot size
    0.46 lot acres
    Property size
    1,252 SF
    Zone code
    RC
    Property type
    Turn key restaurants
    APN
    S6445-00-04001-0
    APU
    S644500040010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $375,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $340,000
      Mixed-Use
      $445,000
      Hospitality
      $330,000
      Educational
      $385,000
      Residential Income
      $360,000
      Energy
      $425,000
      Income-Based Land
      $370,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Freeland
    County
    Island
    State
    Washington
    Longitude
    -122.529
    Latitude
    48.0092
    CBSA code
    36020
    CBSA name
    OAK HARBOR, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $199,984
    $250,351
    $450,335
    -
    $199,984
    $250,351
    $450,335

    Comparable in this City

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      5438 Woodard Ave

      RESTAURANT • 3,301 SF
      5438 Woodard Ave, Freeland, WA 98249-9703
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      13,613 SF

      229 Spyglass Dr

      RESTAURANT • 13,613 SF
      229 Spyglass Dr, Freeland, WA 98249-9634
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    • Value Estimation by Request
      4,382 SF

      1794 Main St

      RESTAURANT • 4,382 SF
      1794 Main St, Freeland, WA 98249-9423
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    • Value Estimation
      $395,000
      2,686 SF

      1642 Main St

      RESTAURANT • 2,686 SF
      1642 Main St, Freeland, WA 98249
      View Details
    • Value Estimation
      $380,000
      506 SF

      18273 State Rte 525

      RESTAURANT • 506 SF
      18273 State Rte 525, Freeland, WA 98249-8770
      View Details

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    1594 Main St
    Freeland, WA 98249-9499
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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