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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Turn key restaurants
531 Marine Dr Point Roberts, WA 98281-9008
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0105372
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Total area
15,774 SF
Lot
0.12 ac (5,301 SF)
Zoning code
RC
APN
405304 444104 0000
UPID
US90-0105372
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
-
Gorditas Doña Tota 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
$740k
Owner & transaction history
John Hislop · 7 yrs held
John Hislop
since 2019
7 recorded transactions
Zoning & alternative use
RC · Point Roberts, 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 Point Roberts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Point Roberts 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
$47 / 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
$908
Tax year 2024
Assessed value
$119,250
Assessed 2023
Previous assessed
$119,250
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$119,250
Land market value
$119,250
Total market value
$119,250
Applied tax rate
3,010.0000
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
1950
Heating
NONE
Cooling
YES
Total area
15,774 SF
Lot
0.12 ac (5,301 SF)
Zoning code
RC
APN
405304 444104 0000
UPID
US90-0105372
Jurisdiction
WHATCOM
Zoning & alternative use
RC · Point Roberts, WAZoning RC · permitted uses
RC · Point Roberts, WA
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
1950
Heating
NONE
Cooling
Yes
Lot
0.12 ac
Current owner
From public records · entity-resolved
John Hislop
Individual
Mailing address
PO BOX 1970, POINT ROBERTS, WA 98281-1970
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
John Hislop
—
Deed
related
$3,275,000 · Jonah Bk/wy
Jan 17, 2019
$1,100,000
John Hislop
Peat,george M
Quit Claim Deed
related
—
Jan 17, 2019
—
George M Peat
Peat Barbara E
Quit Claim Deed
related
—
Jan 27, 2006
$2,200,000
George Peat
Whyte,william J & Allyson
Warranty Deed
$1,466,666 · William J & Allyson Whyte
Jan 18, 2005
$883,500
William J Whyte
Hui,colin C
Warranty Deed
—
Jan 7, 2004
$90,000
Hui,tr
Whyte,william J
Grant Deed
—
Sep 3, 2003
$825,000
William J Whyte
Breakers Properties
Grant Deed
—
—
—
John Hislop
—
Deed Of Trust
related
$3,275,000 · Jonah Bk/wy
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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