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    Property profile & analytics

    2091 State Rte 300 Belfair, WA 98528

    • Turn key restaurants
    • 3,504 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Dec 31, 2020
    $175,000
    Location Intelligence
    Property ID
    US90-0714062
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2091 State Rte 300

    Year built
    1955
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    3,504 SF
    Property type
    Turn key restaurants
    APN
    12331-32-90090
    APU
    123313290090

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belfair
    County
    Mason
    State
    Washington
    Longitude
    -122.863
    Latitude
    47.4386
    CBSA code
    43220
    CBSA name
    SHELTON, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,182
    $62,015
    $235,970
    $297,985
    -
    $62,015
    $235,970
    $297,985

    Comparable in this City

    • Value Estimation
      $2,380,000
      1,960 SF

      23965 State Rte 3rd 3

      RESTAURANT • 1,960 SF
      23965 State Rte 3rd 3, Belfair, WA 98528-9697
      View Details
    • Value Estimation
      $355,000
      1,961 SF

      23701 State Rte 3rd 3

      RESTAURANT • 1,961 SF
      23701 State Rte 3rd 3, Belfair, WA 98528
      View Details
    • Value Estimation
      $300,000
      1,416 SF

      23800 State Rte 3rd 3

      RESTAURANT • 1,416 SF
      23800 State Rte 3rd 3, Belfair, WA 98528
      View Details
    • Value Estimation
      $1,735,000
      4,400 SF

      24171 State Rte 3rd 3

      RESTAURANT • 4,400 SF
      24171 State Rte 3rd 3, Belfair, WA 98528-9626
      View Details
    • Value Estimation by Request
      192 SF

      20 Old Belfair Hwy

      RESTAURANT • 192 SF
      20 Old Belfair Hwy, Belfair, WA 98528-9602
      View Details
    • Value Estimation
      $355,000
      2,930 SF

      23690 State Rte 3rd 3

      RESTAURANT • 2,930 SF
      23690 State Rte 3rd 3, Belfair, WA 98528-8309
      View Details

    Similar Nearby for Sale

    • $1,800,000
      6,824 SF

      Belfair Retail & Warehouse Opportunity

      Established business with real estate, retail, and warehouse space.
      461 NE Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $2,300,000
      7,481 SF

      Country Store and Gas Station

      Established store and gas station with diverse income streams.
      3530 NE Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $2,600,000
      7,481 SF

      Established Belfair Retail Center

      Gas, Store, & More! High Traffic Area
      3530 Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $145,000

      Gated 1+ Acre Ready Lot

      Gated 1+ acre lot ready for building or manufactured home.
      680 E State Route 302, Belfair, WA 98528
      View Details
    • $1,800,000

      Established Winery for Sale

      Profitable Wine Business, Turnkey Operation
      21 Old Belfair Hwy, Belfair, WA 98528
      View Details
    • $330,000

      Highway 3 Commercial Building

      High-traffic location, multiple use potential.
      22471 State Route 3, Belfair, WA 98528
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,995 SF

      Retail Space Available For Rent

      Retail property with 1995 square feet available for lease.
      23771 Washington 3, Belfair, WA 98528
      View Details
    • $24 SF/Yr
      15,173 SF

      Belfair Valley Plaza Retail Space

      Prime Belfair retail space, multiple units available.
      23969 Hwy, Belfair, WA 98528
      View Details
    • $1,500 /Mo

      Land Lease on State Route

      Shy acre available for land lease on State Route.
      23191 NE State Route 3, Belfair, WA 98528
      View Details
    • $0.01 SF/Yr
      1,400,000 SF

      Belfair Warehouse Space Available

      Large industrial warehouse and distribution space for lease.
      25400 State Route 3, Belfair, WA 98528
      View Details
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    2091 State Rte 300
    Belfair, WA 98528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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