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Property profile & analytics
OFF-MARKET
Turn key restaurants
5687 3rd Ave Ferndale, WA 98248
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0853594
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1947
Total area
1,320 SF
Lot
0.05 ac (2,252 SF)
Zoning code
CTC
APN
390229 085542 0000
UPID
US90-0853594
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
-
Sabor Latino Restaurante y Pupuseria 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
by Request
Owner & transaction history
Scharbco Ents Corp · 7 yrs held
Scharbco Ents Corp
since 2019
7 recorded transactions
Zoning & alternative use
CTC · Ferndale, WA
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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
$1,707
Tax year 2024
Assessed value
$245,682
Assessed 2023
Previous assessed
$239,393
+2.6% YoY
Effective rate
0.69%
On assessed value
Assessed land
$135,000
Assessed improvement
$110,682
Land market value
$135,000
Improvement market value
$110,682
Total market value
$245,682
Applied tax rate
200.0000
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
1947
Heating
FORCED AIR
Cooling
YES
Total area
1,320 SF
Lot
0.05 ac (2,252 SF)
Zoning code
CTC
APN
390229 085542 0000
UPID
US90-0853594
Jurisdiction
WHATCOM
Zoning & alternative use
CTC · Ferndale, WAZoning CTC · permitted uses
CTC · Ferndale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ferndale Municipal Code
Building & site characteristics
From public records
Year built
1947
Heating
FORCED AIR
Cooling
Yes
Lot
0.05 ac
Current owner
From public records · entity-resolved
Scharbco Ents Corp
Entity
Mailing address
PO BOX 3030, BLAINE, WA 98231-3030
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 1, 2019
$200,000
Scharbco Ents Corp
Mt Building LLC
Warranty Deed
—
Aug 9, 2016
$60,130
Mt Building LLC
Trott,david & Kristen
Quit Claim Deed
related
$175,000 · North Coast Cu
Oct 17, 2012
$191,425
David Trott
Posthumus,suporn
Warranty Deed
$128,250 · Industrial Cu Whatcom County
Jul 19, 2005
$250,000
Suporn Posthumus
Posthumus,harold J
Warranty Deed
related
$250,000 · Horizon Cu
Jul 15, 2005
—
Suporn Posthumus
Posthumus,harold
Quit Claim Deed
—
Aug 30, 2002
$79,111
Harold J Posthumus
Linn,joseph W & Tammy S
Grant Deed
—
Nov 17, 1997
$60,000
Joseph W Linn
George,beverly
Grant Deed
$53,500 · Seller
—
—
Suporn Posthumus
—
Deed Of Trust
related
$141,700 · Interbay Funding LLC
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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