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Property profile & analytics
OFF-MARKET
Turn key restaurants
533 Harman S Way Orting, WA 98360-9025
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-0400881
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Construction
WOOD FRAME
Total area
3,705 SF
Lot
0.39 ac (16,800 SF)
Zoning code
MU
APN
5935000070
UPID
US90-0400881
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
City Of Orting · 1 yrs held
City Of Orting
since 2025
7 recorded transactions
Zoning & alternative use
MU · Orting, 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 Orting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orting 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,808
Tax year 2024
Assessed value
$784,900
Assessed 2024
Previous assessed
$784,900
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$205,700
Assessed improvement
$579,200
Land market value
$205,700
Improvement market value
$579,200
Total market value
$784,900
Applied tax rate
84.0000
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
2003
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,705 SF
Lot
0.39 ac (16,800 SF)
Zoning code
MU
APN
5935000070
UPID
US90-0400881
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
MU · Orting, WAZoning MU · permitted uses
MU · Orting, 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
2003
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
City Of Orting
Entity
Free & Clear · 1 yrs held
Mailing address
3105 DEER IS DR E, LAKE TAPPS, WA 98391-9491
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
City Of Orting
L&m Firehouse Tavern LLC
Warranty Deed
—
Jul 15, 2019
—
L&m Firehouse Tavern LLC
—
Deed
related
$505,000 · Columbia State Bank
Apr 5, 2019
—
L&m Firehouse Tavern LLC
—
Deed
related
$505,000 · Columbia State Bank
Nov 7, 2012
$942,000
L&m Firehouse Tavern LLC
Grsproperties LLC
Warranty Deed
$560,000 · Peoples Bank
Apr 26, 2010
$666,155
Grsproperties LLC
Warren & Duggan PLLC
Trustees Deed
related
—
Jul 2, 2004
$555,719
William Marshall
Creek,dorothy A
Quit Claim Deed
related
$450,000 · Viking Bank
Jul 2, 2004
$424,999
William Marshall
Greek,dorothy A
Quit Claim Deed
related
—
Jul 2, 2004
—
Carol L Marshall
Marshall,william
Quit Claim Deed
related
$450,000 · Viking Bank
Dec 16, 2002
—
Orting City (wa)
Greek,dorothy A
Grant Deed
related
—
Dec 2, 2002
—
Olympic Coast Investment INC
Frontier Bank
Quit Claim Deed
related
—
Nov 14, 1990
$175,000
Dorothy A Greek
Unknown
Grant Deed
—
—
—
William Marshall
—
Deed Of Trust
related
$163,000 · Lakeshore Financial Corp
—
—
William Marshall
—
Deed Of Trust
related
$35,000 · Moneytolend INC
—
—
Dorothy A Greek
—
Deed Of Trust
related
$425,000 · Olympic Coast Investment INC
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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