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Property profile & analytics
OFF-MARKET
Turn key restaurants
2309 Westhaven Dr, Westport, WA 98595
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-3153020
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
STEEL FRAME
Total area
1,908 SF
Lot
0.1 ac (4,356 SF)
APN
104500900500
UPID
US90-3153020
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
-
Aloha Alabama BBQ 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
Jarl H Priest · 6 yrs held
Jarl H Priest
since 2019
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 Westport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westport 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
$3,362
Tax year 2024
Assessed value
$375,842
Assessed 2023
Previous assessed
$375,842
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$124,574
Assessed improvement
$251,268
Land market value
$124,574
Improvement market value
$251,268
Total market value
$375,842
Applied tax rate
172.0000
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
1957
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,908 SF
Lot
0.1 ac (4,356 SF)
APN
104500900500
UPID
US90-3153020
Jurisdiction
GRAYS HARBOR
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
1957
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jarl H Priest
Individual
Mailing address
PO BOX 2443, WESTPORT, WA 98595-2443
Ownership since
2019
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
Oct 28, 2019
$240,000
Jarl H Priest
Mel R Codd
Receivers Deed
$168,000 · Timberland Bank
Oct 16, 2014
$3,000
Robert|orford Nichlas Bartho
Jarman Janice R Trust
Quit Claim Deed
related
—
Nov 16, 2011
—
Working Capital 1 LLC
Direct Lndg Grp INC
Grant Deed
—
Nov 14, 2008
$290,340
Working Capital 1 LLC
Bishop White & Marshall
Trustees Deed
related
—
Dec 2, 2005
—
Westport Properties LLC
Maples,chuck
Quit Claim Deed
related
—
Apr 29, 2005
$191,173
Charles T Maples
Robert M Mcpherson
Warranty Deed
—
—
—
Westport Properties LLC
—
Deed Of Trust
related
$1,200,000 · Centerra R/e Fund I LLC
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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