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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Turn key restaurants
203 Mashell N Ave, Eatonville, WA 98328-7060
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2273941
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.13 ac (5,760 SF)
Zoning code
C1
APN
3605000270
UPID
US90-2273941
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
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Runk Mountain Properties INC · 4 yrs held
Runk Mountain Properties INC
since 2021
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
C1 · Eatonville, 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 Eatonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatonville 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
$835,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $750k (Oct 21 2021)
Last sale anchor
$750k
Oct 21 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
—
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
$3,198
Tax year 2024
Assessed value
$353,300
Assessed 2024
Previous assessed
$336,400
+5.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$89,500
Assessed improvement
$263,800
Land market value
$89,500
Improvement market value
$263,800
Total market value
$353,300
Applied tax rate
60.0000
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
Heating
NONE
Lot
0.13 ac (5,760 SF)
Zoning code
C1
APN
3605000270
UPID
US90-2273941
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Eatonville, WA
Zoning C1 · permitted uses
C1 · Eatonville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eatonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Runk Mountain Properties INC
Entity
Mailing address
10524 BRIDGEPORT WAY SW, LAKEWOOD, WA 98499-4806
Ownership since
2021
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
Oct 21, 2021
$750,000
Runk Mountain Properties INC
Brent S Sorensen
Warranty Deed
$600,000 · Brent Sorensen
Mar 29, 2010
—
Brent S Sorensen
Sorensen,julia T
Quit Claim Deed
related
—
Jul 15, 2005
$520,000
Brent Sorensen
Williams,richard T & Ruth A
Warranty Deed
$250,000 · Richard T & Ruth A Williams
Dec 23, 2004
—
Terry Vaneaton
Van Eaton Chevrolet INC
Quit Claim Deed
related
—
—
—
Van Eaton Chevrolet INC
—
Deed Of Trust
related
$500,000 · Prairie Security Bank
—
—
Eatonville Auto Center
—
Deed Of Trust
related
$220,000 · Eastside 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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