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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Drive through restaurants
221 104th Avec, Vancouver, WA 98664-4505
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1411958
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
WOOD
Total area
2,491 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CG : VAN
APN
165965-000
UPID
US90-1411958
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
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.45M
Owner & transaction history
Pnw Re Ventures LLC · 2 yrs held
Pnw Re Ventures LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CG : VAN · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
$1,395,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10% · vs last sale $2.00M (Sep 6 2023)
Last sale anchor
$2.00M
Sep 6 2023
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
$580 / SF
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
$13,526
Tax year 2023
Assessed value
$1,416,800
Assessed 2023
Previous assessed
$1,416,800
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$769,400
Assessed improvement
$647,400
Land market value
$769,400
Improvement market value
$647,400
Total market value
$1,416,800
Applied tax rate
10,143.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
OTHER
Stories
1
Total area
2,491 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CG : VAN
APN
165965-000
UPID
US90-1411958
Jurisdiction
CLARK
Zoning & alternative use
CG : VAN · Vancouver, WA
Zoning CG : VAN · permitted uses
CG : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
OTHER
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Pnw Re Ventures LLC
Entity
Free & Clear · 2 yrs held
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Sep 6, 2023
—
Pnw Re Ventures LLC
Lutfi Properties LLC
Quit Claim Deed
related
—
Feb 23, 2021
—
Lutfi Properties LLC
Anton Lutfi
Intrafamily Transfer
related
—
Jan 28, 2021
$1,700,000
Anton Lutfi
Marlu Sea-tac II LLC
Quit Claim Deed
related
—
Apr 1, 2015
$2,000,766
Marlu Sea Tac II LLC
Kim Mp Multi State LLC
Special Warranty Deed
—
Apr 4, 2012
$1,605,152
Kim-mp Multi State LLC
Cnl Funding 2000-a LP
Grant Deed
—
Aug 17, 2000
—
Cnl Funding 2000-a LP
Cnl Apf Partners LP
Quit Claim Deed
related
$308,688,677 · Wells Fargo Bank Minnesota
—
—
Cnl Apf Partners LP
—
Deed Of Trust
related
$184,000 · Cooperatieve Centrale Raiffeis
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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