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Property profile & analytics
OFF-MARKET
Turn key restaurants
327 College Way Mount Vernon, WA 98273-5431
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-3090972
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Total area
1,809 SF
Lot
0.21 ac (9,034 SF)
APN
340418-0-060-0003
UPID
US90-3090972
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
James R Kyle · 13 yrs held
James R Kyle
since 2013
7 recorded transactions
Zoning & alternative use
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 Mount Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Vernon 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
$6,526
Tax year 2022
Assessed value
$492,600
Assessed 2021
Previous assessed
$492,600
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$198,800
Assessed improvement
$293,800
Land market value
$198,800
Improvement market value
$293,800
Total market value
$492,600
Applied tax rate
930.0000
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
1974
Heating
NONE
Stories
1
Total area
1,809 SF
Lot
0.21 ac (9,034 SF)
APN
340418-0-060-0003
UPID
US90-3090972
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
James R Kyle
Individual
Mailing address
6750 ERSHIG RD, BOW, WA 98232-9667
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2013
$650,000
James R Kyle
Barbless Investments LLC
Warranty Deed
$594,990 · Burlington Bank
Aug 5, 2010
—
Barbless Investments II LLC
Barbless Investments LLC
Quit Claim Deed
related
—
Aug 1, 2008
$605,280
Barbless Investments LLC
Ronald D Cook
Warranty Deed
$484,000 · Kitsap Cu
Dec 3, 2007
—
City Of Mount Vernon
Cook Kenneth E & M L Trust
Warranty Deed
related
—
—
—
Kyle,james R & Clara B
—
Deed Of Trust
related
$65,000 · Business Bk
—
—
Barbless Investments LLC
—
Deed Of Trust
related
$248,000 · First Security Bank Washington
—
—
James R Kyle
—
Deed Of Trust
related
$275,000 · Evergreen Business Capital
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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