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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Turn key restaurants
18 Urner St Eastsound, WA 98245-9124
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-1442189
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1975
Total area
1,200 SF
Lot
0.51 ac (22,216 SF)
APN
271460-061-000
UPID
US90-1442189
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
-
Lone Pine Larder Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
18 Urner Street LLC · 2 yrs held
18 Urner Street LLC
since 2024
Last sale
$950,000
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 Eastsound submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastsound 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Jan 31 2024)
Last sale anchor
$950k
Jan 31 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
$792 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,784
Tax year 2023
Assessed value
$451,040
Assessed 2022
Previous assessed
$384,120
+17.4% YoY
Effective rate
0.62%
On assessed value
Assessed land
$291,850
Assessed improvement
$159,190
Land market value
$291,850
Improvement market value
$159,190
Total market value
$451,040
Applied tax rate
374.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1975
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,200 SF
Lot
0.51 ac (22,216 SF)
APN
271460-061-000
UPID
US90-1442189
Jurisdiction
SAN JUAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
18 Urner Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 347, DEER HARBOR, WA 98243-0347
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$950,000
18 Urner Street LLC
Wendy E Thomas
Warranty Deed
—
Aug 20, 2018
$400,000
Wendy E Thomas
Wild Island INC
Warranty Deed
—
Nov 1, 2016
$349,820
Wild Island INC
Massacre Bay Xo LLC
Warranty Deed
$75,000 · Islanders Bank
Aug 20, 2014
—
Fishing Bay LLC
Massacre Bay Xo LLC
Grant Deed
related
$82,500 · Massacre Bay Xo LLC
Jun 23, 2014
$85,000
Fishing Bay LLC
Massacre Bay Xo LLC
Warranty Deed
$82,500 · Massacre Bay Xo LLC
Sep 21, 2004
$300,000
Crow Valley LLC
Crawford,charles R
Warranty Deed
$240,000 · Islanders Bank
Apr 19, 2004
—
Charles R Crawford
Primesites Wa Props LLC
Quit Claim Deed
related
—
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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