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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Drive through restaurants
4324 Bridgeport W Way, University Place, WA 98466-4321
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0723269
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1984
Construction
WOOD FRAME
Total area
3,840 SF
Lot
0.92 ac (40,000 SF)
Zoning code
TC
APN
220153150
UPID
US90-0723269
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
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.20M
Owner & transaction history
Bcm Investment LLC · 1 yrs held
Bcm Investment LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
TC · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+8.3%
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 University Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs University Place 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,505,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,630,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,420,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Aug 9 2024)
Last sale anchor
$1.20M
Aug 9 2024
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
$313 / 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
$15,785
Tax year 2024
Assessed value
$1,179,500
Assessed 2024
Previous assessed
$1,179,500
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,037,600
Assessed improvement
$141,900
Land market value
$1,037,600
Improvement market value
$141,900
Total market value
$1,179,500
Applied tax rate
752.0000
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
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
3,840 SF
Lot
0.92 ac (40,000 SF)
Zoning code
TC
APN
220153150
UPID
US90-0723269
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
TC · University Place, WA
Zoning TC · permitted uses
TC · University Place, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
University Place. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Lot
0.92 ac
Current owner
From public records · entity-resolved
Bcm Investment LLC
Entity
Mailing address
2410 GDN CT N, RENTON, WA 98056-2557
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
Bcm Investment LLC
Chong H Lee
Re-recorded Document
related
—
Aug 9, 2024
$1,200,000
Lanview Bridgeport LLC
Grove Street LLC
Warranty Deed
—
Feb 28, 2017
—
Grove Street LLC
—
Deed
related
$600,000 · Ronald & Andrea Yi
Aug 17, 2006
$900,000
Grove Street LLC
Bcm Investments LLC
Warranty Deed
$675,000 · Executive House INC
Jul 29, 2005
$620,000
Bcm Investment LLC
Lee,chong H
Warranty Deed
$159,000 · Chong H Lee
Nov 12, 2004
—
Chong H Lee
Hae Song LLC
Quit Claim Deed
related
—
Oct 16, 2000
$567,500
Hae Song LLC
Joseph W Nelson INC
Grant Deed
$417,500 · Seller
—
—
Grove Street LLC
—
Deed Of Trust
related
$600,000 · Ronald & Andrea Yi
—
—
Hae Song LLC
—
Deed Of Trust
related
$300,000 · Chong H Lee
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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