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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Drive through restaurants
201 A SE St Auburn, WA 98002-5430
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1769259
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,232 SF
Lot
0.53 ac (22,957 SF)
Zoning code
DUC
APN
781570-0340
UPID
US90-1769259
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
-
Cow & Cod Restaurant
-
Aerospace Machinists District Advocacy Group
-
Sound Pump and Equipment Building Supply
-
Feland Safe Deposit Corporation Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$900k
Owner & transaction history
Nca LLC · 4 yrs held
Nca LLC
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
DUC · Auburn, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
theast Auburn Special Area Plan and Auburn Gateway Planned Action 18.09 R-MHC Manufactured/Mobile Home Community Zone 18.21 Overlays 18.23 Commercial and Industrial Zones 18.25 Middle Housing Development Standards 18.29 DUC Downtown Urban Center District 18.31 Supplemental Development Standards 18.32 Accessory Dwelling Unit Development Standards 18.35 Specia…
Zone name
Downtown Urban Center
General category
CIVIC_INSTITUTIONAL
Zone area
167.83 ac
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$845,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $950k (Mar 29 2022)
Last sale anchor
$950k
Mar 29 2022
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
$278 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,912
Tax year 2024
Assessed value
$592,100
Assessed 2023
Previous assessed
$592,100
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$550,900
Assessed improvement
$41,200
Land market value
$550,900
Improvement market value
$41,200
Total market value
$592,100
Applied tax rate
133.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
3,232 SF
Lot
0.53 ac (22,957 SF)
Zoning code
DUC
APN
781570-0340
UPID
US90-1769259
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
DUC · Auburn, WAZoning DUC · permitted uses
DUC · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
theast Auburn Special Area Plan and Auburn Gateway Planned Action 18.09 R-MHC Manufactured/Mobile Home Community Zone 18.21 Overlays 18.23 Commercial and Industrial Zones 18.25 Middle Housing Development Standards 18.29 DUC Downtown Urban Center District 18.31 Supplemental Development Standards 18.32 Accessory Dwelling Unit Development Standards 18.35 Special Purpose Zones 18.36 Repealed 18.38 L-F Airport Landing Field District, Overlay, a
Zone name
Downtown Urban Center
General category
CIVIC_INSTITUTIONAL
Zone area
167.83 ac
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Nca LLC
Entity
Mailing address
201 A ST SE, AUBURN, WA 98002-5430
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
$950,000
Nca LLC
Kyun Hong Ye
Warranty Deed
$1,000,000 · Timberland Bank
Feb 21, 2020
—
Ye K Hong
Dong E Hong
Quit Claim Deed
related
—
May 27, 2005
—
City Of Auburn
Hong,dong E
Warranty Deed
—
Dec 5, 2001
—
La Land LLC
Hong,dong E & Ye K
Grant Deed
related
—
Sep 27, 1995
$570,000
Dong E Hong
Hong,jae E & Yong W
Grant Deed
related
$350,000 · Washington First Int'l Bank
Nov 7, 1991
$500,000
Jae Eui Hong
Yoon,byong Whan&
Grant Deed
$430,000 · Seller
Oct 26, 1989
$490,000
Byong Whan Yoon
Kwak
Grant Deed
$347,900 · City Bank
Aug 1, 1989
$250,000
Kwak,sang Y
Bothell,dorothy
Trustees Deed
$204,334 · City Bank
—
—
Jae E Hong
—
Deed Of Trust
related
$30,000 · Individual
—
—
Dong E Hong
—
Deed Of Trust
related
$700,000 · Washington First Int'l Bank
—
—
Dong E Hong
—
Deed Of Trust
related
$690,000 · Key Bank NA
—
—
Dong E Hong
—
Deed Of Trust
related
$50,000 · Washington First Int'l Bank
—
—
Dong E Hong
—
Deed Of Trust
related
$62,395 · City Bank
—
—
Dong E Hong
—
Deed Of Trust
related
$362,849 · Key Bank NA
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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