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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Turn key restaurants
294793 Us Hwy 101 Quilcene, WA 98376-9000
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2055658
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
2,151 SF
Lot
0.28 ac (12,197 SF)
Zoning code
RVC
APN
937200851
UPID
US90-2055658
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$360k
Blend (final)
Blend
$530k
Owner & transaction history
Jay Kothman · 4 yrs held
Jay Kothman
since 2021
Last sale
$525,000
4 recorded transactions
Zoning & alternative use
RVC · Quilcene, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$485,000
+50.9%
Retail stores
$360,000
+11.3%
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 Quilcene submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quilcene 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
$640,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$320,000
Current use
MEDICAL BUILDING
$485,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$360,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $525k (Nov 30 2021)
Last sale anchor
$525k
Nov 30 2021
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
$246 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,647
Tax year 2023
Assessed value
$487,878
Assessed 2023
Previous assessed
$470,530
+3.7% YoY
Effective rate
0.75%
On assessed value
Assessed land
$64,950
Assessed improvement
$422,928
Land market value
$64,950
Improvement market value
$422,928
Total market value
$487,878
Applied tax rate
320.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Buildings
2
Total area
2,151 SF
Lot
0.28 ac (12,197 SF)
Zoning code
RVC
APN
937200851
UPID
US90-2055658
Jurisdiction
JEFFERSON
Zoning & alternative use
RVC · Quilcene, WAZoning RVC · permitted uses
RVC · Quilcene, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$320,000
MEDICAL BUILDING
Est. value
$485,000
RETAIL STORES
Est. value
$360,000
RESTAURANT Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Jay Kothman
Individual
Mailing address
82 BROOKSIDE ST, PORT HADLOCK, WA 98339-8730
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$525,000
Jay Kothman
Melody M Bacchus
Warranty Deed
$540,000 · Melody Bacchus
Jan 25, 2005
—
Melody Bacchus
Bacchus,william
Quit Claim Deed
related
—
—
—
Melody M Bacchus
—
Deed Of Trust
related
$33,500 · Kitsap Bank
—
—
Melody Bacchus
—
Deed Of Trust
related
$7,334 · Quimper Cmnty Cu
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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