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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Drive through restaurants
3487 Bethel SE Rd Port Orchard, WA 98366-5634
Entity Owned
13-yr Hold
Free & Clear
Property ID
US90-1260196
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1996
Total area
2,751 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CITY
APN
012301-2-147-2007
UPID
US90-1260196
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
Current use
Occupant on record · Public records
-
Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$645k
Owner & transaction history
National Retail Properties LP · 13 yrs held
National Retail Properties LP
since 2013
6 recorded transactions
Zoning & alternative use
CITY · Port Orchard, 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 Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard 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
by Request
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
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
$234 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,804
Tax year 2024
Assessed value
$3,540,100
Assessed 2024
Previous assessed
$3,369,550
+5.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$397,430
Assessed improvement
$3,142,670
Land market value
$397,430
Improvement market value
$3,142,670
Total market value
$3,540,100
Applied tax rate
810.0000
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
1996
Heating
YES
Stories
1
Total area
2,751 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CITY
APN
012301-2-147-2007
UPID
US90-1260196
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WAZoning CITY · permitted uses
CITY · Port Orchard, WA
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
1996
Heating
YES
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
National Retail Properties LP
Entity
Free & Clear · 13 yrs held
Mailing address
1 DAVE THOMAS BLVD, DUBLIN, OH 43017-5452
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2013
—
Seawend Ltd
—
Deed Of Trust
related
$23,000,000 · Huntington National Bank
Jan 17, 2013
$2,315,847
National Retail Properties LP
Seawend Ltd
Warranty Deed
—
Apr 11, 2011
—
Seawend Ltd
—
Deed Of Trust
related
$90,000,000 · Wells Fargo Bank
Apr 29, 2002
—
Sea Wend Ltd
—
Deed Of Trust
related
$55,000,000 · Huntington National Bank Ttee
Nov 3, 1998
—
Sea Wend Ltd LLC
—
Deed Of Trust
related
$55,000,000 · Huntington Nat'l Bank Trustee
Oct 5, 1998
$1,075,000
Wendco Northwest Ltd
Wendys International INC
Grant Deed
related
—
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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