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Property profile & analytics
OFF-MARKET
Turn key restaurants
409 Pacific S Ave, Kelso, WA 98626-1621
Individually Owned
9-yr Hold
Free & Clear
Property ID
US90-3109097
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1924
Total area
6,000 SF
Lot
0.14 ac (6,098 SF)
APN
21142
UPID
US90-3109097
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
-
Papa Zuzu’s Pizza Restaurant
-
Erebus Nightclub Music Venue
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
Angelica Garrett · 9 yrs held
Angelica Garrett
since 2017
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 Kelso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kelso 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,507
Tax year 2023
Assessed value
$287,140
Assessed 2022
Previous assessed
$287,140
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$48,000
Assessed improvement
$239,140
Land market value
$48,000
Improvement market value
$239,140
Total market value
$287,140
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1924
Heating
NONE
Stories
3
Total area
6,000 SF
Lot
0.14 ac (6,098 SF)
APN
21142
UPID
US90-3109097
Jurisdiction
COWLITZ
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
1924
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Angelica Garrett
Individual
Free & Clear · 9 yrs held
Mailing address
409 PACIFIC AVE S, KELSO, WA 98626-1621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2017
$285,000
Angelica Garrett
Bbct Properties LLC
Warranty Deed
—
Dec 23, 2016
—
Bbct Properties LLC
Treasurer Of Cowlitz County
Tax Deed
related
—
Oct 6, 2016
—
Buehler,erneste F & Violet Trust
Washington Prime Props LLC
Deed In Lieu Of Foreclosure
related
—
Jun 22, 2015
—
Investors Equity LLC
Cook Ferry Ents LLC
Quit Claim Deed
related
—
Jun 22, 2009
$100,000
Makanani Investments LLC
Cook Ferry Ents LLC
Warranty Deed
—
Apr 11, 2008
—
Prime Properties Washington
Nakayama,keith
Quit Claim Deed
related
—
Aug 16, 2004
$368,000
Keith Nakayama
Cook Ferry Ents LLC
Grant Deed
—
Jul 30, 2004
$368,000
Keith Nakayama
Cook Ferry Ents LLC
Warranty Deed
$195,000 · Cook Ferry Ents LLC
Jul 30, 2004
$50,000
Jon S Madian
Cook Ferry Ents LLC
Warranty Deed
—
Jul 30, 2004
$300,000
Cook Ferry Ents LLC
Captain,john S III
Warranty Deed
—
Jul 30, 2004
$110,000
Marshall Trust
Cook Ferry Ents LLC
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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