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Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Turn key restaurants
201 Main St, Walla Walla, WA 99362-2001
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1860841
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Total area
4,092 SF
Lot
0.11 ac (4,779 SF)
APN
360720570211
UPID
US90-1860841
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
-
Morrison Lane Brewery & Distillery Specialty Food Shop
-
Caramella LLC Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
201 Dacres LLC · 1 yrs held
201 Dacres LLC
since 2024
Last sale
$2.7M
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 Walla Walla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walla Walla 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
$3,335,000
ML approach
$3,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.29M · ±10% · vs last sale $2.74M (Mar 8 2021)
Last sale anchor
$2.74M
Mar 8 2021
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
$732 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$6,840
Tax year 2021
Assessed value
$572,200
Assessed 2023
Previous assessed
$572,200
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$52,600
Assessed improvement
$519,600
Land market value
$52,600
Improvement market value
$519,600
Total market value
$572,200
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
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
1969
Heating
GRAVITY
Stories
1
Total area
4,092 SF
Lot
0.11 ac (4,779 SF)
APN
360720570211
UPID
US90-1860841
Jurisdiction
WALLA WALLA
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
1969
Heating
GRAVITY
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
201 Dacres LLC
Entity
Mailing address
6181 COTTONWOOD RD, WALLA WALLA, WA 99362-1594
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
David W Thompson
—
Deed
related
$681,416 · Baker Boyer National Bank
Aug 26, 2024
—
201 Dacres LLC
201 West LLC
Deed
related
—
Dec 21, 2022
—
201 West Main LLC
—
Deed
related
$2,000,000 · Peter Sikov
Mar 8, 2021
—
David W Thompson
Jerry W Thompson
Intrafamily Transfer
related
—
Sep 11, 2019
$674,390
David W Thompson
Douglas J Thompson
Warranty Deed
related
—
Jun 20, 2017
—
David W Thompson
—
Deed
related
$266,844 · Baker Boyer National Bank
Jan 14, 2015
$2,740,000
David W Thompson
Betsy Ross Apartments LLC
Warranty Deed
—
Dec 4, 2006
$450,000
Betsy Ross Apartments LLC
Leilani R Duke
Warranty Deed
—
May 14, 2006
—
Leilani R Duke
Walter C Lee
Warranty Deed
—
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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