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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Turn key restaurants
5015 Rd 68 Pasco, WA 99301-9175
Entity Owned
6-yr Hold
Free & Clear
Property ID
US90-1165411
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
4,992 SF
Lot
0.99 ac (43,124 SF)
APN
116160065
UPID
US90-1165411
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
-
Pardon My Cheesesteak Restaurant
-
TenderFix by Noah Schnapp Restaurant
-
IHOP Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Pasco Coml Invs LLC · 6 yrs held
Pasco Coml Invs LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$900,000
+34.9%
Medical building
$685,000
+2.8%
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$665,000
Current use
COMMERCIAL (GENERAL)
$900,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$685,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$555,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$119 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$14,530
Tax year 2021
Assessed value
$2,356,200
Assessed 2023
Previous assessed
$1,557,900
+51.2% YoY
Effective rate
0.62%
On assessed value
Assessed land
$1,078,100
Assessed improvement
$1,278,100
Land market value
$1,078,100
Improvement market value
$1,278,100
Total market value
$2,356,200
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
2005
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
4,992 SF
Lot
0.99 ac (43,124 SF)
APN
116160065
UPID
US90-1165411
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$900,000
MEDICAL BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$615,000
RETAIL STORES
Est. value
$555,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Pasco Coml Invs LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5015 RD 68, PASCO, WA 99301-9175
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
—
Pasco Coml Invs LLC
Mark V Sullivan
Quit Claim Deed
related
—
Oct 17, 2017
—
Vandervert Devs LLC
Pasco Commercial Invs LLC
Quit Claim Deed
related
—
Oct 16, 2017
$2,301,054
Lee A Eickmeyer
Vandervert Devs LLC
Warranty Deed
—
Sep 26, 2017
—
Vandervert Devs LLC
Pasco Commercial Invs LLC
Quit Claim Deed
related
—
Apr 21, 2017
—
Pasco Commercial Invs LLC
—
Grant Deed
related
$3,919,000 · Numerica Cu
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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