Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
511 164th SW St Lynnwood, WA 98087-8837
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US90-1141875
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Construction
WOOD
Total area
2,240 SF
Lot
0.49 ac (21,344 SF)
Zoning code
S2
APN
509200200201
UPID
US90-1141875
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
-
Isn Grocery Grocery & Convenience Store
-
The Grind Coffee House Take-out & Catering Cafe & Coffee Shop
-
ATM Atm
-
Chevron Auto Repair Shop
-
ATM (Isn Grocery) Atm
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
Isn Ents INC · 20 yrs held
Isn Ents INC
since 2006
7 recorded transactions
Zoning & alternative use
S2 · Lynnwood, 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 Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood 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
$12,938
Tax year 2023
Assessed value
$1,575,300
Assessed 2023
Previous assessed
$1,466,000
+7.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$883,400
Assessed improvement
$691,900
Land market value
$883,400
Improvement market value
$691,900
Total market value
$1,575,300
Applied tax rate
2,446.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
2,240 SF
Lot
0.49 ac (21,344 SF)
Zoning code
S2
APN
509200200201
UPID
US90-1141875
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
S2 · Lynnwood, WA
Zoning S2 · permitted uses
S2 · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Isn Ents INC
Entity
Mailing address
22620 16TH AVE W, BOTHELL, WA 98021-7079
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2006
$1,230,000
Isn Ents INC
Ro,thomas C & Moon J
Warranty Deed
—
Aug 28, 2001
—
Thomas C Ro
—
Deed Of Trust
related
$1,171,000 · First Heritage Bank
Jun 7, 2001
—
Thomas C Ro
—
Deed Of Trust
related
$1,171,000 · First Heritage Bank
Feb 28, 2001
$1,240,142
Martha Lake Townhomes LLC
First Commerical Dev Corp
Grant Deed
related
$6,100,000 · Cascade Bank
Jul 15, 1999
$1,190,000
Thomas C Ro
Nam,sang W & Si E
Grant Deed
related
$1,140,000 · Asia Europe Americas Bank
Jun 19, 1996
—
Snohomish County
Nam,san W & Si E
Grant Deed
related
—
Aug 1, 1995
$330,000
—
—
Grant Deed
related
$219,000 · Seller
—
—
Thomas C Ro
—
Deed Of Trust
related
$20,000 · Individual
—
—
Sang W Nam
—
Deed Of Trust
related
$720,000 · City Bank
—
—
Thomas C Ro
—
Deed Of Trust
related
$75,000 · First Heritage Bank
—
—
Thomas C Ro
—
Deed Of Trust
related
$485,000 · First Heritage Bank
—
—
Sang Nam
—
Deed Of Trust
related
$162,400 · Fortune Oil Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 511 164th SW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
