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    Property profile & analytics

    24380 Van Ry Blvd Mountlake Terrace, WA 98043-5455

    • Turn key restaurants
    • 6,715 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 05, 2021
    Location Intelligence
    Property ID
    US90-1421191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 24380 Van Ry Blvd

    Year built
    1996
    Construction
    WOOD
    Lot size
    1.26 lot acres
    Property size
    6,715 SF
    Zone code
    F/T
    Property type
    Turn key restaurants
    APN
    520500100101
    APU
    520500100101

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mountlake Terrace
    County
    Snohomish
    State
    Washington
    Longitude
    -122.313
    Latitude
    47.778
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,929
    $2,409,500
    $1,220,200
    $3,629,700
    -
    $2,409,500
    $1,220,200
    $3,629,700

    Comparable in this City

    • Value Estimation by Request
      1,900 SF

      24225 56th W Ave

      RESTAURANT • 1,900 SF
      24225 56th W Ave, Mountlake Terrace, WA 98043-5505
      View Details
    • Value Estimation
      $1,285,000
      2,784 SF

      5114 212th SW St

      RESTAURANT • 2,784 SF
      5114 212th SW St, Mountlake Terrace, WA 98043-3325
      View Details
    • Value Estimation
      $3,715,000
      1,591 SF

      22801 44th W Ave

      RESTAURANT • 1,591 SF
      22801 44th W Ave, Mountlake Terrace, WA 98043-5025
      View Details
    • Value Estimation
      $250,000
      2,400 SF

      24325 56th W Ave

      RESTAURANT • 2,400 SF
      24325 56th W Ave, Mountlake Terrace, WA 98043-5507
      View Details
    • Value Estimation
      $310,000
      1,360 SF

      23209 56th W Ave

      RESTAURANT • 1,360 SF
      23209 56th W Ave, Mountlake Terrace, WA 98043-4715
      View Details
    • Value Estimation
      $265,000
      1,040 SF

      5803 244th SW St

      RESTAURANT • 1,040 SF
      5803 244th SW St, Mountlake Terrace, WA 98043-5450
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.95 Acres

      New Flex Space, I-90 Exit 11

      Modern flex warehouse, ±20,000 SF, I-90 access.
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      Mountlake Terrace Land For Sale

      Land available in Mountlake Terrace, Washington.
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      Leased Property Redevelopment Potential

      Fully leased commercial property near Mountlake Terrace Light Rail Station.
      5903 244Th St SW, Mountlake Terrace, WA 98043
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    • $13,800,000

      Mountlake Terrace Office Building

      Office building for sale in Mountlake Terrace, Washington.
      6920 220Th St Southwest, Mountlake Terrace, WA 98043
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      Mountlake Terrace Development Assemblage Opportunity

      Unique development opportunity near future light rail station.
      6002-6006 232Nd Pl SW, Mountlake Terrace, WA 98043
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    • $995,000

      Spacious Flat Lot Near Transit

      Large, flat 50,530 SF lot near transit center.
      24205 56Th Ave W, Mountlake Terrace, WA 98043
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    Similar Nearby for Lease

    • $15 SF/Yr
      211,042 SF

      Mountlake Terrace Retail Space

      Restaurant Space Available, Prime Location
      23505 56Th Ave, Mountlake Terrace, WA 98043
      View Details
    • $38 SF/Yr
      13,617 SF

      Terrace Station Retail Spaces

      Mountlake Terrace retail spaces available.
      24015 Van Ry Blvd, Mountlake Terrace, WA 98043
      View Details
    • $25 SF/Yr
      222,916 SF

      Redstone Corporate Center Two Office Space

      Class A Office Suites in Mountlake Terrace
      6100 219Th St, Mountlake Terrace, WA 98043
      View Details
    • $1.20 SF/Yr
      4,500 SF

      Mountlake Terrace Warehouse Space Available

      4,500 SF warehouse space for lease in Mountlake Terrace.
      6306 215Th St SW, Mountlake Terrace, WA 98043
      View Details
    • $22 SF/Yr
      14,213 SF

      Regus Redstone: Prime Mountlake Terrace Office

      Class A Office Suites, Coworking Spaces Available
      6100 219Th St, Mountlake Terrace, WA 98043
      View Details
    • $15 SF/Yr
      3,244 SF

      Mountlake Terrace Office Space Available

      Office space available for lease in Mountlake Terrace, WA.
      6405 218Th St SW, Mountlake Terrace, WA 98043
      View Details
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    Mountlake Terrace, WA 98043-5455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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