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Property profile & analytics
OFF-MARKET
Drive through restaurants
311 Griffin Ave, Enumclaw, WA 98022-3426
Entity Owned
25-yr Hold
Free & Clear
Property ID
US90-0454395
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1990
Construction
WOOD
Total area
2,190 SF
Lot
0.43 ac (18,882 SF)
Zoning code
HCB
APN
242006-9099
UPID
US90-0454395
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
Cnl Funding 2000-a LP · 25 yrs held
Cnl Funding 2000-a LP
since 2000
4 recorded transactions
Zoning & alternative use
HCB · Enumclaw, WA
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 Enumclaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enumclaw 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,806
Tax year 2022
Assessed value
$1,177,300
Assessed 2022
Previous assessed
$1,177,300
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$339,800
Assessed improvement
$837,500
Land market value
$339,800
Improvement market value
$837,500
Total market value
$1,177,300
Applied tax rate
1,175.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
2,190 SF
Lot
0.43 ac (18,882 SF)
Zoning code
HCB
APN
242006-9099
UPID
US90-0454395
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
HCB · Enumclaw, WA
Zoning HCB · permitted uses
HCB · Enumclaw, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enumclaw. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Cnl Funding 2000-a LP
Entity
Free & Clear · 25 yrs held
Mailing address
9330 BALBOA AVE, SAN DIEGO, CA 92123-1516
Ownership since
2000
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
Jul 21, 2000
—
Cnl Funding 2000-a LP
Cnl American Properties Fund
Quit Claim Deed
related
—
Apr 16, 1997
$495,000
Cnl American Properties Fund
Skipper's INC
Grant Deed
related
—
May 13, 1996
—
Skippers INC
—
Deed Of Trust
related
$8,000,000 · Us Bank Of Washington
Sep 30, 1988
$100,000
Skippers INC
Lovell,lyle M&be
Grant Deed
$80,000 · 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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