New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Turn key restaurants
59 Main St, Pacific Beach, WA 98571-5004
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-1219715
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
STEEL FRAME
Total area
1,040 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C2
APN
795500700800
UPID
US90-1219715
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$355k
Blend (final)
Blend
$505k
Owner & transaction history
Camas Mothership LLC · 2 yrs held
Camas Mothership LLC
since 2023
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
C2 · Pacific Beach, 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 Pacific Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific Beach 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
$515,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Oct 13 2023)
Last sale anchor
$500k
Oct 13 2023
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
$486 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,282
Tax year 2023
Assessed value
$323,962
Assessed 2022
Previous assessed
$323,962
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$39,600
Assessed improvement
$284,362
Land market value
$39,600
Improvement market value
$284,362
Total market value
$323,962
Applied tax rate
64.0000
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
1930
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
1,040 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C2
APN
795500700800
UPID
US90-1219715
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
C2 · Pacific Beach, WA
Zoning C2 · permitted uses
C2 · Pacific Beach, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Camas Mothership LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 2111, PACIFIC BEACH, WA 98571
Ownership since
2023
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
Oct 13, 2023
$500,000
Camas Mothership LLC
Douglas Hughes
Warranty Deed
—
Mar 27, 2007
$76,101
Douglas Hughes
Christopher L Keefer
Warranty Deed
$240,000 · Wfs Financial Services INC
Sep 19, 2005
$180,000
Christopher L Keefer
Hendricks,paul E
Warranty Deed
$150,000 · Christine E Hine
—
—
Douglas B Hughes
—
Deed Of Trust
related
$236,876 · Wfs Financial Services INC
—
—
Douglas Hughes
—
Deed Of Trust
related
$158,116 · Benjamin Braat
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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