Individually Owned Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
WOOD
Total area
5,088 SF
Lot
41.81 ac (1,821,244 SF)
Zoning code
OP-4
APN
282104-9026
UPID
US90-0780068
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Roller Coaster
-
Swimming Pool Gym & Fitness Center
-
Swimming Pool Gym & Fitness Center
-
Roller Coaster
-
Tour Operator
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
since 2007
5 recorded transactions
Zoning & alternative use
OP-4 · Federal Way, WA
Zoning description
The Purpose of this district is to promote Office Park 4
General category
OPEN_SPACE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$800k
Value range
$720k – $880k
±10% around blend
Estimated value / SF
$157 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
50
$720k
blend $800k
$880k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,088 SF
Lot area
41.81 ac
Year built
1984
Stories
2
APN
282104-9026
Zoning
OP-4
Assessed value
$11,392,900
Annual tax
$168,778
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.91M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 4,169 SF
12.3 mi away · 3,998 SF
13.2 mi away · 4,893 SF
13.9 mi away · 4,659 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$800k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$499
-68%
County 227 sales
$531
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $157/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.39M
Move the market yield to see immediate price impact.
Value / SF
$2,239
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$718k
$14.36M
$10.25M
$7.98M
$798k
$15.95M
$11.39M
$8.86M
$877k
$17.55M
$12.53M
$9.75M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$800k
5.1 mi · Apr 2026 · $140/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$168,778
Tax year 2022
Assessed value
$11,392,900
Assessed 2022
Previous assessed
$11,392,900
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$8,653,800
Assessed improvement
$2,739,100
Land market value
$8,653,800
Improvement market value
$2,739,100
Total market value
$11,392,900
Applied tax rate
1,205.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
SPACE
Buildings
10
Stories
2
Total area
5,088 SF
Lot
41.81 ac (1,821,244 SF)
Zoning code
OP-4
APN
282104-9026
UPID
US90-0780068
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
OP-4 · Federal Way, WAZoning OP-4 · permitted uses
OP-4 · Federal Way, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Purpose of this district is to promote Office Park 4
General category
OPEN_SPACE
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
SPACE
Stories
2
Buildings
10
Lot
41.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP-4
OPEN_SPACE
Jurisdiction
Federal Way, WA
Recorded code
OP-4
Official district
OP-4
Official district profile
What the municipal code says about OP-4
Zoning description
The Purpose of this district is to promote Office Park 4
General category
OPEN_SPACE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP-4 in Federal Way, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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