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    Property profile & analytics

    31724 Us 2nd 2 Sultan, WA 98294-9776

    • Turn key restaurants
    • 288 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    Mar 16, 2020
    $141,500
    Location Intelligence
    Property ID
    US90-1897940
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 31724 Us 2nd 2

    Year built
    1992
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    288 SF
    Zone code
    HOD
    Property type
    Turn key restaurants
    APN
    479100201400
    APU
    479100201400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sultan
    County
    Snohomish
    State
    Washington
    Longitude
    -121.806
    Latitude
    47.8622
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,475
    $173,500
    $15,000
    $188,500
    -
    $173,500
    $15,000
    $188,500

    Comparable in this City

    • Value Estimation
      $215,000
      3,481 SF

      36728 Us 2nd 2

      RESTAURANT • 3,481 SF
      36728 Us 2nd 2, Sultan, WA 98294-9640
      View Details
    • Value Estimation
      $345,000
      3,510 SF

      305 Main St

      RESTAURANT • 3,510 SF
      305 Main St, Sultan, WA 98294
      View Details
    • Value Estimation by Request
      2,238 SF

      Sultan, WA 98294

      RESTAURANT • 2,238 SF
      Sultan, WA 98294
      View Details
    • Value Estimation by Request
      3,765 SF

      33901 Us 2nd 2

      RESTAURANT • 3,765 SF
      33901 Us 2nd 2, Sultan, WA 98294-9644
      View Details
    • Value Estimation
      $365,000
      1,781 SF

      31227 Us 2nd 2

      RESTAURANT • 1,781 SF
      31227 Us 2nd 2, Sultan, WA 98294
      View Details
    • Value Estimation
      $345,000
      1,020 SF

      36023 Us 2nd 2

      RESTAURANT • 1,020 SF
      36023 Us 2nd 2, Sultan, WA 98294-8603
      View Details

    Similar Nearby for Sale

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      2,087 SF

      Sultan Highway Commercial Property

      High-visibility storefront, ample parking, great investment.
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      864 SF

      Mixed-Use Property with Highway Frontage

      Two houses, commercial space, rental property, and vacant land.
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    • $1,300,000

      Versatile Auto Shop with Apartments

      Former auto shop with apartments for rental income or live/work.
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      Development Opportunity in Sultan

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    • $1,000,000

      0.88 Acres Usable Land

      0.88 acres of usable, fenced, and secure land.
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    • $3,100,000
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      Sky River Equestrian Center For Sale

      State-of-the-art equestrian center with river frontage and mountain views.
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    Similar Nearby for Lease

    • $15 SF/Yr
      14,460 SF

      Downtown Sultan Retail Space Available

      Retail spaces with high visibility and frontage on Highway 2.
      507 W Stevens Ave, Sultan, WA 98294
      View Details
    • Contact for pricing
      11,520 SF

      Sultan Warehouse with Fenced Site

      Divisible warehouse space with fenced site, convenient highway access.
      33809 S 2Nd St, Sultan, WA 98294
      View Details
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    31724 Us 2nd 2
    Sultan, WA 98294-9776
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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