Individually Owned Property summary
AI-generated overview
This exceptional standalone commercial building at 614 E Main in Auburn, WA, presents a compelling investment opportunity. Currently operating as a restaurant, the property boasts a highly desirable location directly across from the local high school, ensuring consistent high foot traffic and excellent visibility. The building is offered for sale at $559,900 and is currently generating a stable monthly income of $3,600 through a long-term lease. This translates to a significant return on investment for the discerning buyer. The property features a fully equipped kitchen, including a Class I hood, making it ideal for a variety of food service businesses. Recent improvements have enhanced the property's value and functionality, including updated drain plumbing, newly paved parking areas, and a recently replaced roof. The building itself is approximately 0 acres and is being sold as a standalone property
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1909
Construction
WOOD
Total area
700 SF
Lot
0.16 ac (6,894 SF)
Zoning code
C2
APN
869860-0075
UPID
US90-2993198
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
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
since 2026
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
C2 · Auburn, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
700 SF
Lot area
0.16 ac
Year built
1909
Stories
1
APN
869860-0075
Zoning
C2
Assessed value
$130,300
Annual tax
$1,626
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$499
N/A
County 227 sales
$531
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$565k
Move the market yield to see immediate price impact.
Value / SF
$807
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$36k
$712k
$508k
$396k
$40k
$791k
$565k
$439k
$44k
$870k
$621k
$483k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,626
Tax year 2022
Assessed value
$130,300
Assessed 2022
Previous assessed
$130,300
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$103,400
Assessed improvement
$26,900
Land market value
$103,400
Improvement market value
$26,900
Total market value
$130,300
Applied tax rate
133.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1909
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
700 SF
Lot
0.16 ac (6,894 SF)
Zoning code
C2
APN
869860-0075
UPID
US90-2993198
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Auburn, WAZoning C2 · permitted uses
C2 · Auburn, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1909
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
0.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Auburn, WA
Recorded code
C2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Auburn, WA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
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Your membership includes if available
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