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Property profile & analytics
OFF-MARKET
Turn key restaurants
2435 Westhaven Dr Westport, WA 98595
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1763311
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
STEEL FRAME
Total area
1,048 SF
Lot
0.09 ac (3,920 SF)
APN
104500800300
UPID
US90-1763311
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
-
Surfer Girl Waffle Cones, Gifts And Toys (Bike/Boat/Book/etc) Store Arcade & Gaming Center
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
Mickeal Bagwell · 11 yrs held
Mickeal Bagwell
since 2014
6 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,056
Tax year 2023
Assessed value
$322,506
Assessed 2022
Previous assessed
$255,089
+26.4% YoY
Effective rate
0.95%
On assessed value
Assessed land
$117,648
Assessed improvement
$204,858
Land market value
$117,648
Improvement market value
$204,858
Total market value
$322,506
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
1956
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
1,048 SF
Lot
0.09 ac (3,920 SF)
APN
104500800300
UPID
US90-1763311
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
1956
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Mickeal Bagwell
Individual
Mailing address
725 S MONTESANO ST, WESTPORT, WA 98595-8954
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2014
$190,000
Mickeal Bagwell
Guntle,andrew L
Grant Deed
$40,000 · Andrew L Guntle
Nov 10, 2011
—
Andrew L Guntle
Guntle,malena
Quit Claim Deed
related
—
Nov 10, 2011
$291,000
Andrew L Guntle
Carthum & Liedtke LLC
Warranty Deed
—
Jan 11, 2006
—
Carthum & Liedtke LLC
Carthum,harry & Margaret
Quit Claim Deed
related
—
—
—
Harry L Carthum
—
Deed Of Trust
related
$30,000 · Timberland Bank
—
—
Harry L Carthum
—
Deed Of Trust
related
$125,000 · Timberland 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.
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