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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
1915 Hartford Dr Lake Stevens, WA 98258
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1797939
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1912
Construction
WOOD
Total area
3,146 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD(D/LC)
APN
29060800402100
UPID
US90-1797939
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
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Barajas Ls LLC · 5 yrs held
Barajas Ls LLC
since 2020
Last sale
$580,000
6 recorded transactions
Zoning & alternative use
CBD(D/LC) · Lake Stevens, 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 Lake Stevens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Stevens 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
$750,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $580k (Dec 31 2020)
Last sale anchor
$580k
Dec 31 2020
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
$205 / 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
$9,536
Tax year 2023
Assessed value
$884,000
Assessed 2023
Previous assessed
$884,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$375,100
Assessed improvement
$508,900
Land market value
$375,100
Improvement market value
$508,900
Total market value
$884,000
Applied tax rate
408.0000
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
1912
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
3,146 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD(D/LC)
APN
29060800402100
UPID
US90-1797939
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD(D/LC) · Lake Stevens, WA
Zoning CBD(D/LC) · permitted uses
CBD(D/LC) · Lake Stevens, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Stevens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Barajas Ls LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1512 107TH AVE SE, LAKE STEVENS, WA 98258-2059
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Barajas Ls LLC
Eduardo G Barajas
Quit Claim Deed
related
—
Mar 29, 2018
—
Eduardo G Barajas
—
Deed
related
$838,600 · Columbia St Bk
Sep 20, 2016
—
Eduardo G Barajas
—
Deed
related
$404,600 · Columbia State Bank
Oct 30, 2015
$580,000
Eduardo G Barajas
Dominic & Marjie Dangelo Eigh
Warranty Deed
$493,000 · Private Individual
Feb 1, 1992
$4,500
Gordon V Shoudy
Unknown
Grant Deed
—
—
—
Eduardo G Barajas
—
Loan Modification
related
$838,600 · Columbia St Bk
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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