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Property profile & analytics
OFF-MARKET
Turn key restaurants
5121 State Rte 106 Union, WA 98592
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1929923
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Construction
WOOD
Total area
3,690 SF
Lot
0.33 ac (14,375 SF)
APN
32232-50-08002
UPID
US90-1929923
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shamrock Point LLC · 1 yrs held
Shamrock Point LLC
since 2025
Last sale
$383,776
5 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 Union submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union 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
$5,207
Tax year 2023
Assessed value
$820,310
Assessed 2023
Previous assessed
$846,345
-3.1% YoY
Effective rate
0.63%
On assessed value
Assessed land
$64,345
Assessed improvement
$755,965
Land market value
$64,345
Improvement market value
$755,965
Total market value
$820,310
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1953
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
3,690 SF
Lot
0.33 ac (14,375 SF)
APN
32232-50-08002
UPID
US90-1929923
Jurisdiction
MASON
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
1953
Construction
WOOD
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Shamrock Point LLC
Entity
Mailing address
11801 E STATE RTE 106, UNION, WA 98592-9747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 15, 2025
—
Shamrock Point LLC
Terry G Brown
Quitclaim Deed
related
—
Oct 5, 2018
—
Terry Brown
—
Deed
related
$216,000 · Washington Business Bank
Jan 12, 2007
$383,776
Terry Brown
Noll,candy
Warranty Deed
$259,875 · Candy Noll
Apr 1, 2005
$400,000
Candy Noll
Brown,terry G & Kathy K
Warranty Deed
$269,000 · Kathy K Brown
Apr 1, 2005
—
Candy Noll
Noll,donald
Quit Claim Deed
related
—
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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