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Property profile & analytics
OFF-MARKET
Turn key restaurants
813 Academy St Sumner, WA 98390-1005
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-3317094
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.1 ac (4,313 SF)
Zoning code
CBD
APN
7985100131
UPID
US90-3317094
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
-
Mini Oscar's Annex 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
Sungmoon Investment LLC
Sungmoon Investment LLC
since 2026
7 recorded transactions
Zoning & alternative use
CBD · Sumner, 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 Sumner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumner 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
$4,611
Tax year 2024
Assessed value
$445,500
Assessed 2024
Previous assessed
$445,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$155,000
Assessed improvement
$290,500
Land market value
$155,000
Improvement market value
$290,500
Total market value
$445,500
Applied tax rate
117.0000
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
2,400 SF
Lot
0.1 ac (4,313 SF)
Zoning code
CBD
APN
7985100131
UPID
US90-3317094
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Sumner, WA
Zoning CBD · permitted uses
CBD · Sumner, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Sungmoon Investment LLC
Entity
Mailing address
2309 6TH AVE, TACOMA, WA 98403-1050
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
$940,000
Sungmoon Investment LLC
813 Sumner LLC
Warranty Deed
$760,000 · Gbc International Bank
Dec 17, 2025
—
813 Sumner LLC
—
Deed
related
$630,000 · Grand Pacific Financing Corporation
Mar 19, 2024
—
813 Sumner LLC
—
Deed
related
$400,000 · Yi Mel Wei Etal
Oct 7, 2019
$557,412
813 Sumner LLC
John T Kildare
Correction Deed
related
—
Oct 7, 2019
—
813 Sumner LLC
—
Deed
related
$630,000 · Keybank USA
Sep 23, 2019
$557,412
813 Sumner LLC
John T Kildare
Warranty Deed
$630,000 · Private Individual
Aug 2, 2017
—
John T Kildare
—
Deed
related
—
Oct 31, 2006
—
John T Kildare
Kristi K Kildare
Intrafamily Transfer
related
$430,000 · First Savings Bank Of Renton
May 10, 2005
—
John Kildare
Plumbing Express INC
Quit Claim Deed
related
—
May 28, 2004
$190,000
Plumbing Express INC
Collier,harold M & Lillian D
Warranty Deed
$142,500 · First Savings Bank Renton
May 28, 2004
$188,315
Plumbing Express INC
Collier,harold M & Lillian D
Grant Deed
$142,500 · First Savings Bank Renton
—
—
813 Sumner LLC
—
Deed Of Trust
related
$630,000 · Keybank USA
—
—
Midtown Station INC
—
Deed Of Trust
related
$50,000 · Frontier Bank
—
—
John T Kildare
—
Loan Modification
related
—
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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