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Property profile & analytics
OFF-MARKET
Turn key restaurants
196 2nd St Stevenson, WA 98648
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-2895719
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1915
Total area
480 SF
Lot
0.05 ac (2,178 SF)
APN
2070111130100
UPID
US90-2895719
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B & M Investment LLC · 1 yrs held
B & M Investment LLC
since 2024
Last sale
$275,000
5 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 Stevenson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stevenson 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,148
Tax year 2024
Assessed value
$258,300
Assessed 2024
Previous assessed
$248,000
+4.2% YoY
Effective rate
0.83%
On assessed value
Assessed land
$115,500
Assessed improvement
$142,800
Land market value
$115,500
Improvement market value
$142,800
Total market value
$258,300
Applied tax rate
1.0000
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
1915
Heating
NONE
Stories
1
Total area
480 SF
Lot
0.05 ac (2,178 SF)
APN
2070111130100
UPID
US90-2895719
Jurisdiction
SKAMANIA
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
1915
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
B & M Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 189, NORTH BONNEVILLE, WA 98639-0189
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
—
B & M Investment LLC
Robert J Hamlin
Quitclaim Deed
related
—
Apr 12, 2021
$275,000
Robert J Hamlin
Sherri Conn
Warranty Deed
—
Dec 29, 2008
—
Sherri Conn
Leroy,harry & Dorothy
Quit Claim Deed
related
—
May 1, 2006
$251,286
Harry Leroy
Warner,sandra L
Warranty Deed
—
—
—
Harry Leroy
—
Deed Of Trust
related
$100,000 · Interbay Funding LLC
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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