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Property profile & analytics
OFF-MARKET
Drive through restaurants
24921 Trent Ave, Newman Lake, WA 99025
Entity Owned
7-yr Hold
Free & Clear
Property ID
US90-1614358
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,600 SF
Lot
0.24 ac (10,500 SF)
APN
56261.0313
UPID
US90-1614358
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
-
Newman's Pour and Pies Cafe & Coffee Shop
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
Lawless LLC · 7 yrs held
Lawless LLC
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 Newman Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newman Lake 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
$1,894
Tax year 2023
Assessed value
$129,500
Assessed 2024
Previous assessed
$114,600
+13.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$21,000
Assessed improvement
$108,500
Land market value
$21,000
Improvement market value
$108,500
Total market value
$129,500
Applied tax rate
2,120.0000
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,600 SF
Lot
0.24 ac (10,500 SF)
APN
56261.0313
UPID
US90-1614358
Jurisdiction
SPOKANE
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Lawless LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 11133, SPOKANE VALLEY, WA 99211-1133
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
Jun 14, 2019
$135,000
Lawless LLC
Esl Ents LLC
Warranty Deed
—
Jun 28, 2017
—
Esl Ents LLC
—
Deed
related
$78,091 · Washington Tr Bk
Apr 3, 2007
$125,000
Esl Ents
Steiner Living Trust
Warranty Deed
$100,000 · Bank Of Whitman
Sep 30, 2004
—
Steiner Trust
Steiner,ralph A JR & Cindy A
Quit Claim Deed
related
—
Nov 22, 1995
$79,000
Robert P Pasini
Foreman,william & Adele
Grant Deed
$75,000 · Seller
—
—
Ralph Steiner
—
Deed Of Trust
related
$66,125 · Farmers & Merchants Bk Rockfor
—
—
Esl Ents LLC
—
Deed Of Trust
related
$78,091 · Washington Tr Bk
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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