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Property profile & analytics
OFF-MARKET
Turn key restaurants
21525 Bostian Rd, Woodinville, WA 98077-4803
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1446210
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Construction
WOOD
Total area
1,499 SF
Lot
1.72 ac (74,923 SF)
Zoning code
FS
APN
27052500104900
UPID
US90-1446210
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
-
522 Brew Cafe & Coffee Shop
-
Chevron Gas Station
-
Carter Family Plumbing & Heating Plumbing Service General Contractor
-
NBB Hot Dog Take-out & Catering
-
EM ExtraMile Hardware & Home Improvement HVAC Service
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
Paradise Lake Management LLC · 11 yrs held
Paradise Lake Management LLC
since 2015
7 recorded transactions
Zoning & alternative use
FS · Woodinville, 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 Woodinville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodinville 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
$22,319
Tax year 2023
Assessed value
$2,762,000
Assessed 2023
Previous assessed
$2,616,000
+5.6% YoY
Effective rate
0.81%
On assessed value
Assessed land
$1,518,500
Assessed improvement
$1,243,500
Land market value
$1,518,500
Improvement market value
$1,243,500
Total market value
$2,762,000
Applied tax rate
3,992.0000
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
1994
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
1,499 SF
Lot
1.72 ac (74,923 SF)
Zoning code
FS
APN
27052500104900
UPID
US90-1446210
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
FS · Woodinville, WA
Zoning FS · permitted uses
FS · Woodinville, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodinville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Paradise Lake Management LLC
Entity
Mailing address
21525 BOSTIAN RD, WOODINVILLE, WA 98077-4803
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2018
—
Paradise Lake Management LLC
—
Deed
related
$2,900,000 · Bank Of Hope
Jun 17, 2015
$2,000,000
Paradise Lake Management LLC
U & I Financial Corp
Special Warranty Deed
$1,830,000 · Pacific City Bank
Jan 14, 2014
—
Maltby Christian Assembly Of God
Fairth Center Assembly Of God
Quit Claim Deed
related
$91,000 · Assemblies/god Ln Fin
Dec 31, 2013
$1,318,824
U & I Financial Corp
Regional Trustee Services
Trustees Deed
related
—
Jun 1, 2009
$2,370,000
Kbe INC
Pak & Pak Investment INC
Warranty Deed
$1,527,500 · Unibank
Jan 25, 2008
—
A & Y Group INC
Pak & Pak Investment INC
Quit Claim Deed
related
—
Sep 5, 2001
$1,425,000
Pak & Pak Investment INC
Robertson,greg
Grant Deed
$900,000 · First Mutual Bank
Aug 1, 1991
$50,000
Greg Robertson
Unknown
Grant Deed
$23,500 · Individual
May 31, 1991
$300,000
Greg Robertson
Moore,leo T
Grant Deed
$200,000 · Moore Leo T
—
—
Gregory J Robertson
—
Deed Of Trust
related
$900,000 · First Mutual Savings Bank
—
—
Paradise Lake Management LLC
—
Deed Of Trust
related
$2,900,000 · Bank Of Hope
—
—
Pak & Pak Investment INC
—
Deed Of Trust
related
$50,000 · First Mutual Bank
—
—
Gregory J Robertson
—
Deed Of Trust
related
$1,384,500 · First Mutual 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.
Try Rey
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