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Property profile & analytics
OFF-MARKET
Turn key restaurants

27120 174th SE Pl Covington, WA 98042-4946

6,305 SF 0.83 ac lot Built 1985
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US90-0839267
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction WOOD
Total area 6,305 SF
Lot 0.83 ac (36,337 SF)
Zoning code MC
APN 252205-9245
UPID US90-0839267
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
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
Jdr Covington LLC · 10 yrs held
Jdr Covington LLC
since 2015
7 recorded transactions
2022
Price N/A
2017
Price N/A
2015
$2.0M
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MC · Covington, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(2) The mixed commercial district (MC) is applied to the majority of the Covington downtown zone. This district encourages a mix of commercial and multi-story residential uses, public uses, and allows for large-format and auto-oriented retail, provided they meet pedestrian-oriented design standards that are more flexible than those applied to the town center…

Zone name Mixed Commercial
General category COMMERCIAL
Zone area 224.56 ac
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