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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Turn key restaurants
5605 Delridge SW Way, Seattle, WA 98106-1455
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-3288643
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1932
Construction
FRAME
Total area
1,271 SF
Lot
0.1 ac (4,380 SF)
Zoning code
NC2P-55 (M)
APN
177310-1745
UPID
US90-3288643
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
-
Olympia Pizza & Pasta Restaurant
-
Pho Aroma Restaurant
-
Romano Pizza and Pasta Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.51M
Owner & transaction history
Youngstown Building LLC · 3 yrs held
Youngstown Building LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
NC2P-55 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$1,420,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±10% · vs last sale $1.75M (Dec 12 2022)
Last sale anchor
$1.75M
Dec 12 2022
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
$1,188 / 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
$12,824
Tax year 2024
Assessed value
$886,300
Assessed 2023
Previous assessed
$886,300
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$416,100
Assessed improvement
$470,200
Land market value
$416,100
Improvement market value
$470,200
Total market value
$886,300
Applied tax rate
10.0000
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
1932
Construction
FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
1,271 SF
Lot
0.1 ac (4,380 SF)
Zoning code
NC2P-55 (M)
APN
177310-1745
UPID
US90-3288643
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC2P-55 (M) · Seattle, WA
Zoning NC2P-55 (M) · permitted uses
NC2P-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Youngstown Building LLC
Entity
Mailing address
2914 SW AVALON WAY STE A, SEATTLE, WA 98126-2375
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
Youngstown Building LLC
Hus Southpark LLC
Quit Claim Deed
related
—
Jul 14, 2022
$1,750,000
Hjs South Park LLC
Dino Development LLC
Warranty Deed
—
Apr 18, 2017
—
Dino Development LLC
—
Deed
related
$500,000 · Northwest Bank
Feb 6, 2008
—
Dino Dev LLC
Apostolov,gospodin P
Quit Claim Deed
related
—
Dec 28, 2006
$360,000
Gospodin P Apostolov
Jacobs,jim D & Christina D
Warranty Deed
—
Jun 29, 1999
—
Bernadine G Fasso Estate
Jacobs,jim D & Christine D
Quit Claim Deed
related
—
Jul 18, 1995
—
Jim D Jacobs
Goulet,john P
Grant Deed
related
—
—
—
Dino Dev LLC
—
Deed Of Trust
related
$60,000 · Viking Bank
—
—
Dino Dev LLC
—
Deed Of Trust
related
$240,000 · Capital Growth Fund INC Ps/tr
—
—
Dino Dev LLC
—
Deed Of Trust
related
$225,000 · Richard J & Wendy T Shearer
—
—
Jim D Jacobs
—
Deed Of Trust
related
—
—
—
Dino Dev LLC
—
Deed Of Trust
related
$20,000 · Viking Bank
—
—
Jim D Jacobs
—
Deed Of Trust
related
$80,000 · Pacific Northwest Bank
—
—
Jim D Jacobs
—
Deed Of Trust
related
$80,000 · Pacific Northwest Bank
—
—
Dino Dev LLC
—
Deed Of Trust
related
$150,000 · Olympic Coast Investment INC
—
—
Dino Dev LLC
—
Loan Modification
related
$240,000 · Capital Growth Fun Psp/tr (ct)
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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