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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
25 Alder St, Walla Walla, WA 99362-2869
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1961283
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Total area
12,000 SF
Lot
0.28 ac (12,001 SF)
APN
360720771405
UPID
US90-1961283
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
-
Red Monkey Downtown Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$525k
Owner & transaction history
Drumheller Building LLC · 10 yrs held
Drumheller Building LLC
since 2016
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 Walla Walla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walla Walla 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
Method
Estimation
Statistic approach
by Request
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$44 / SF
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 2021Property tax & assessments
Tax year 2021
Tax billed
$11,142
Tax year 2021
Assessed value
$932,100
Assessed 2023
Previous assessed
$932,100
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$216,000
Assessed improvement
$716,100
Land market value
$216,000
Improvement market value
$716,100
Total market value
$932,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1910
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Total area
12,000 SF
Lot
0.28 ac (12,001 SF)
APN
360720771405
UPID
US90-1961283
Jurisdiction
WALLA WALLA
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
1910
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Drumheller Building LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1302 PUYALLUP ST STE A, SUMNER, WA 98390-1604
Ownership since
2016
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
May 16, 2022
—
Drumheller Building LLC
—
Deed
related
$5,425,000 · Banner Bank
Jan 7, 2016
$3,770,000
Drumheller Building LLC
West Alder LLC
Warranty Deed
—
Jan 7, 2016
—
Drumheller Building LLC
Ehp Partners
Warranty Deed
$3,000,000 · Peoples Bank
Sep 13, 2013
—
Ehp Partners
Michael B Batlan
Quit Claim Deed
related
$3,010,000 · Inland Northwest Bank
Jul 22, 2009
—
Ehp Partners
Pennbrook Homes INC
Deed In Lieu Of Foreclosure
related
$300,000 · Hwang Trust
May 18, 2005
$10,000,000
West Alder LLC
West Alder LLC
Warranty Deed
related
—
May 2, 2005
$4,674,673
West Alder LLC
Wasemiller Peoperties LLC
Warranty Deed
$3,525,000 · Sterling Savings 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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