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Property profile & analytics
OFF-MARKET
Turn key restaurants
21712 Pacific Way, Ocean Park, WA 98640-3220
Individually Owned
Absentee Owner
Free & Clear
Property ID
US90-1918511
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Total area
2,640 SF
Lot
0.38 ac (16,553 SF)
APN
11110908523
UPID
US90-1918511
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marie Shannon Reilley
Marie Shannon Reilley
since 2026
Last sale
$400,360
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 Ocean Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocean Park 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,568
Tax year 2024
Assessed value
$358,700
Assessed 2024
Previous assessed
$358,700
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$66,000
Assessed improvement
$292,700
Land market value
$66,000
Improvement market value
$292,700
Total market value
$358,700
Applied tax rate
24.0000
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
2003
Heating
NONE
Stories
1
Total area
2,640 SF
Lot
0.38 ac (16,553 SF)
APN
11110908523
UPID
US90-1918511
Jurisdiction
PACIFIC
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
2003
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Marie Shannon Reilley
Individual
Free & Clear · 0 yrs held
Mailing address
2542 STATE RTE 101, ILWACO, WA 98624-9004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
$440,000
Marie Shannon Reilley
Pac Crest Botanicals LLC
Warranty Deed
—
Mar 16, 2026
—
Marie Shannon Reilley
Jason Whistler
Quitclaim Deed
related
—
Oct 16, 2025
—
Pac Crest Botanicals LLC
—
Deed
related
$53,000 · Dellyrome LLC
Feb 14, 2022
$400,360
Pac Crest Botanicals LLC
Willapa House INC
Warranty Deed
$329,990 · Willapa House INC
Mar 11, 2019
—
Pacific County
Willapa House INC
Quit Claim Deed
related
—
Jun 2, 2006
$210,000
Willapa House INC
Martin,john P & Jennice K
Warranty Deed
related
$242,000 · Shorebank Pacific
Dec 27, 2004
—
John P Martin
Owner Name Unavailable
Grant Deed
related
—
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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