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Property profile & analytics
OFF-MARKET
Turn key restaurants
2700 Milton Way Milton, WA 98354-9315
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0310763
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Construction
WOOD FRAME
Total area
2,238 SF
Lot
0.31 ac (13,420 SF)
Zoning code
B
APN
420041044
UPID
US90-0310763
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
-
Uptown Koffee and Kafe 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
2602 Milton Way LLC · 10 yrs held
2602 Milton Way LLC
since 2015
5 recorded transactions
Zoning & alternative use
B · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Business districts are intended to provide goods and services in support of the citys residential population. Due to the relative scarcity of appropriate areas for business development
Zone name
Business District
General category
COMMERCIAL
Zone area
197.30 ac
Source
Realmo
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,892
Tax year 2024
Assessed value
$689,400
Assessed 2024
Previous assessed
$689,400
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$294,800
Assessed improvement
$394,600
Land market value
$294,800
Improvement market value
$394,600
Total market value
$689,400
Applied tax rate
79.0000
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
2016
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
NONE
Stories
2
Total area
2,238 SF
Lot
0.31 ac (13,420 SF)
Zoning code
B
APN
420041044
UPID
US90-0310763
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
B · Milton, WAZoning B · permitted uses
B · Milton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Business districts are intended to provide goods and services in support of the citys residential population. Due to the relative scarcity of appropriate areas for business development
Zone name
Business District
General category
COMMERCIAL
Zone area
197.30 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2016
Construction
WOOD FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
2602 Milton Way LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2409 14TH AVE, MILTON, WA 98354-8930
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2015
—
2602 Milton Way LLC
Gietz,john M & Marquette M
Quit Claim Deed
related
—
Dec 24, 2014
$169,719
John M Fietz
Charlotte Anne Bunch
Warranty Deed
$110,500 · Commencement Bank
Feb 8, 2013
—
Charlotte Ann Bunch
Bunch Ray M
Quit Claim Deed
related
—
Apr 30, 2009
$39,037
City Of Milton
Bunch,ray & Charlotte
Warranty Deed
—
Aug 20, 1997
$107,350
Ray Bunch
Taylor,ralph I & Mary J
Grant Deed
$218,965 · Seller
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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