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Property profile & analytics
OFF-MARKET
Turn key restaurants
1625 Dravus St Seattle, WA 98119-1720
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0054553
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
WOOD
Total area
4,015 SF
Lot
0.14 ac (6,000 SF)
Zoning code
SM-D 95 (M)
APN
277060-2705
UPID
US90-0054553
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
-
Tuk Tuk Thai Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Interbay Holdings LLC · 11 yrs held
Interbay Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
SM-D 95 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,552
Tax year 2022
Assessed value
$1,651,000
Assessed 2022
Previous assessed
$1,651,000
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$1,650,000
Assessed improvement
$1,000
Land market value
$1,650,000
Improvement market value
$1,000
Total market value
$1,651,000
Applied tax rate
10.0000
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
1960
Construction
WOOD
Heating
HOT WATER
Stories
2
Total area
4,015 SF
Lot
0.14 ac (6,000 SF)
Zoning code
SM-D 95 (M)
APN
277060-2705
UPID
US90-0054553
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SM-D 95 (M) · Seattle, WA
Zoning SM-D 95 (M) · permitted uses
SM-D 95 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
HOT WATER
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Interbay Holdings LLC
Entity
Mailing address
5417 6TH AVE NW, SEATTLE, WA 98107-3520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2017
—
Interbay Holdings LLC
—
Deed
related
$450,000 · Frances J Erhardt
Feb 17, 2017
—
Interbay Holdings LLC
—
Deed
related
$400,000 · Frances J Erhardt
Jul 29, 2014
—
Interbay Holdings LLC
Mcjunkin John F Living Trust
Grant Deed
—
Jul 15, 2014
—
Mcjunkin,john F Living Trust
1625 West Dravus LLC
Grant Deed
related
—
Jun 25, 2014
$800,000
Interbay Holdings LLC
1625 West Dravus LLC
Dual Purpose Document
$500,000 · 1625 West Dravus LLC
Sep 30, 2005
$1,300,000
1625 West Dravus LLC
Dravis Properties INC
Warranty Deed
$1,306,434 · John F Mcjunkin
Sep 15, 2004
—
Dravis Properties INC
Pandasias INC
Quit Claim Deed
related
—
Mar 29, 2002
—
Pandasias INC
Pandas Chinese Cuisine INC
Quit Claim Deed
related
—
Jul 25, 1996
—
Pandas Chinese Cuisine INC
Madden,mary P
Grant Deed
related
—
Jun 25, 1992
$204,886
Mary Patricia Madden
Johnson,richard
Grant Deed
$26,600 · Seller
Aug 19, 1991
$348,000
Richard I Et A Johnson
Amick
Grant Deed
$309,700 · Seller
—
—
Dravis Properties INC
—
Deed Of Trust
related
$60,000 · Washington First Int'l Bank
—
—
Pandasia INC
—
Deed Of Trust
related
$280,000 · Washington First Int'l Bank
—
—
Interbay Holdings LLC
—
Deed Of Trust
related
$400,000 · Frances J Erhardt
—
—
Interbay Holdings LLC
—
Deed Of Trust
related
$450,000 · Frances J Erhardt
—
—
Dravis Properties INC
—
Deed Of Trust
related
$19,089 · Washington First Int'l 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.
Try Rey
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