Technical
Financial
Distress signals
Property profile

231 Olympic Ave Arlington, WA 98223

OFF-MARKET
Turn key restaurants
Property ID
US90-3366042
1,300 SF 0.07 ac lot Built 1946
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction TYPE NOT SPECIFIED
Total area 1,300 SF
Lot 0.07 ac (3,049 SF)
Zoning code 15
APN 378800101901
UPID US90-3366042

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

231 Olympic Ave Arlington, WA 98223-1336
Arlington metro Census 53510 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2007
7 recorded transactions
2007
$306,000
2005
Price N/A
2003
$716,678
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

15 · Arlington, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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