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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Turn key restaurants
6810 153rd Pl Kenmore, WA 98028-4904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3254554
Property summary
AI-generated overview
This exceptional 2,800 square foot commercial property, located at 6810 NE 153rd Pl in Kenmore, Washington, presents a fantastic opportunity for a single-tenant retail or restaurant business. Situated in King County, zip code 98028, this property boasts a convenient location with excellent visibility and accessibility. The entire space, totaling 2,800 square feet, is currently vacant and ready for immediate occupancy. The building features an elevator, adding convenience for both customers and staff. The property is classified as a single-tenant space, ideal for businesses seeking a dedicated and independent location. Its "Retail, Restaurant" designation suggests suitability for a wide range of commercial ventures. The property's address is 6810 NE 153rd Pl, Kenmore, WA 98028. Its geographical coordinates are latitude 47.7384914 and longitude -122.2499608. This is a rare opportunity to secure a well-located, sizable commercial space in a thriving community. The property is available for lease. Interested parties are encouraged to inquire further to explore this promising investment.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Construction
FRAME
Total area
2,800 SF
Lot
0.39 ac (16,804 SF)
Zoning code
NB
APN
364910-0045
UPID
US90-3254554
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Afc Kenmore LLC · 4 yrs held
Afc Kenmore LLC
since 2022
Last sale
$850,000
5 recorded transactions
Zoning & alternative use
NB · Kenmore, 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 Kenmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenmore 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
$755,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,285,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $850k (Jul 15 2022)
Last sale anchor
$850k
Jul 15 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
$284 / 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
$13,919
Tax year 2024
Assessed value
$965,000
Assessed 2023
Previous assessed
$965,000
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$537,700
Assessed improvement
$427,300
Land market value
$537,700
Improvement market value
$427,300
Total market value
$965,000
Applied tax rate
1,442.0000
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
1986
Construction
FRAME
Heating
OTHER
Cooling
OTHER
Stories
1
Total area
2,800 SF
Lot
0.39 ac (16,804 SF)
Zoning code
NB
APN
364910-0045
UPID
US90-3254554
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NB · Kenmore, WA
Zoning NB · permitted uses
NB · Kenmore, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kenmore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.3M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Afc Kenmore LLC
Entity
Mailing address
6810 NE 153RD PL, KENMORE, WA 98028-4904
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$850,000
Afc Kenmore LLC
6810 153 LLC
Warranty Deed
—
Mar 2, 2015
$825,000
6810-153 LLC
Seawest Dev LLC
Warranty Deed
—
Apr 1, 2003
$1,571,710
Lloyd H Torgerson
—
Grant Deed
related
—
Feb 19, 1999
—
Lloyd H Torgerson
—
Deed Of Trust
related
$2,900,000 · Wells Fargo Bank
—
—
Seawest Development LLC
—
Deed Of Trust
related
$440,000 · Horizon Bank
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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