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Property profile & analytics
OFF-MARKET Estimated value $850,000
Turn key restaurants

1920 Main St Lake Stevens, WA 98258-7746

911 SF 0.05 ac lot Built 1986
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US90-1057296
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction WOOD
Total area 911 SF
Lot 0.05 ac (2,178 SF)
Zoning code CBD
APN 562200000503
UPID US90-1057296
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
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$850k
Owner & transaction history
Chunsung Corporation · 5 yrs held
Chunsung Corporation
since 2021
Last sale
$825,000
6 recorded transactions
2021
$825,000
2019
Price N/A
2019
Price N/A
2002
$165,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Lake Stevens, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Central Business district (CBD) is designed to accommodate a wide variety of commercial activities (particularly those that are pedestrian-oriented) that will result in the most intensive and attractive use of the City's Central Business district. (c) The Local Business (LB) zone is designed to accommodate commercial development along arterials to cater…

Zone name Central Business District
General category COMMERCIAL
Zone area 31.21 ac
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