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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Turn key restaurants
17121 Bothell NE Way Bothell, WA 98011-1926
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1296717
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1916
Construction
WOOD
Total area
4,508 SF
Lot
1 ac (43,628 SF)
Zoning code
GC
APN
072605-9083
UPID
US90-1296717
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
-
Afghan Choopan Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.29M
Owner & transaction history
Bph Real Estate LLC · 1 yrs held
Bph Real Estate LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
GC · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+13.8%
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 Bothell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bothell 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
$2,310,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,390,000
Current use
OFFICE BUILDING
$2,720,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,070,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10% · vs last sale $2.30M (Apr 17 2024)
Last sale anchor
$2.30M
Apr 17 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
$508 / 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
$18,350
Tax year 2022
Assessed value
$2,028,600
Assessed 2022
Previous assessed
$2,028,600
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$977,300
Assessed improvement
$1,051,300
Land market value
$977,300
Improvement market value
$1,051,300
Total market value
$2,028,600
Applied tax rate
859.0000
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
1916
Construction
WOOD
Heating
GAS
Cooling
AC.PACKAGE
Stories
1
Total area
4,508 SF
Lot
1 ac (43,628 SF)
Zoning code
GC
APN
072605-9083
UPID
US90-1296717
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
GC · Bothell, WA
Zoning GC · permitted uses
GC · Bothell, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bothell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1916
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Bph Real Estate LLC
Entity
Mailing address
2633 W EASTLAKE AVE E STE #307, SEATTLE, WA 98102-3231
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Bph Real Estate LLC
—
Deed
related
$2,256,000 · Columbia Bank
Jul 17, 2024
$2,300,000
Bph Real Estate LLC
First Olympic Investments II LLC
Warranty Deed
—
Jan 24, 2020
$2,025,000
First Olympic Invs II LLC
Sespe LLC
Warranty Deed
—
Jul 29, 2016
—
Sespe LLC
—
Deed
related
$1,150,600 · Umpqua Bank
Jun 26, 2008
—
City Of Bothell
Sespe LLC
Grant Deed
related
—
May 15, 2008
$1,150,000
Sespe LLC
Cobblestone R/e Properties LLC
Warranty Deed
$1,150,000 · Cobblestone R/e Properties LLC
Dec 23, 2003
—
Gerand N Parrat
Bank Of America
Quit Claim Deed
related
—
Dec 23, 2003
$900,000
Cobblestone Real Ests Properti
Parrat,gerard N & Sharon K
Grant Deed
$800,000 · Gerard N & Sharon K Parrat
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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