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Property profile & analytics
OFF-MARKET
Turn key restaurants
21 Water St Port Hadlock, WA 98339-8706
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2045786
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
2,360 SF
Lot
0.83 ac (36,155 SF)
Zoning code
UGA-C
APN
989400601
UPID
US90-2045786
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
-
Ajax Cafe Restaurant
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
Northwest Sch Of Wooden Boat B · 8 yrs held
Northwest Sch Of Wooden Boat B
since 2017
5 recorded transactions
Zoning & alternative use
UGA-C · Port Hadlock, 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 Port Hadlock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Hadlock 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,462
Tax year 2023
Assessed value
$490,522
Assessed 2023
Previous assessed
$415,621
+18.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$305,536
Assessed improvement
$184,986
Land market value
$305,536
Improvement market value
$184,986
Total market value
$490,522
Applied tax rate
211.0000
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
1900
Heating
BASEBOARD
Total area
2,360 SF
Lot
0.83 ac (36,155 SF)
Zoning code
UGA-C
APN
989400601
UPID
US90-2045786
Jurisdiction
JEFFERSON
Zoning & alternative use
UGA-C · Port Hadlock, WA
Zoning UGA-C · permitted uses
UGA-C · Port Hadlock, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Hadlock. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
BASEBOARD
Lot
0.83 ac
Current owner
From public records · entity-resolved
Northwest Sch Of Wooden Boat B
Individual
Mailing address
42 N WATER ST, PORT HADLOCK, WA 98339-8706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Sep 10, 2021
—
Northwest School Of Wooden Boatbuil
—
Deed
related
$1,420,000 · First Fsla Of Port Angeles
Dec 15, 2017
$325,281
Northwest Sch Of Wooden Boat B
Fraychineaud,jeffrey S & Helen B
Grant Deed
related
—
Nov 21, 2017
$325,281
Northwest Sch Of Wooden Boat B
Fraychineaud,jeffrey S & Helen B
Warranty Deed
—
Jul 1, 2004
—
Moxi INC
Northwest Breeze INC
Grant Deed
related
—
—
—
Jeff S Fraychineaud
—
Deed Of Trust
related
$450,000 · Wells Fargo Bank
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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