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Property profile & analytics
OFF-MARKET
Estimated value
$6,105,000
Turn key restaurants
8440 160th NE Ave, Redmond, WA 98052-3855
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1053713
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1990
Construction
WOOD
Total area
3,792 SF
Lot
0.48 ac (20,914 SF)
Zoning code
TSQ
APN
719890-0230
UPID
US90-1053713
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
$5.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.11M
Owner & transaction history
Ichijo Moment Th LLC · 2 yrs held
Ichijo Moment Th LLC
since 2023
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
TSQ · Redmond, 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 Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond 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
$6,005,000
ML approach
$5,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.11M
Range $5.49M – $6.72M · ±10% · vs last sale $6.30M (Sep 22 2023)
Last sale anchor
$6.30M
Sep 22 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
$1,610 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,586
Tax year 2022
Assessed value
$3,347,200
Assessed 2022
Previous assessed
$3,347,200
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,346,200
Assessed improvement
$1,000
Land market value
$3,346,200
Improvement market value
$1,000
Total market value
$3,347,200
Applied tax rate
2,025.0000
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
1990
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Total area
3,792 SF
Lot
0.48 ac (20,914 SF)
Zoning code
TSQ
APN
719890-0230
UPID
US90-1053713
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
TSQ · Redmond, WA
Zoning TSQ · permitted uses
TSQ · Redmond, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Ichijo Moment Th LLC
Entity
Mailing address
1406 140TH PL NE STE #104, BELLEVUE, WA 98007-3941
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2023
$6,300,000
Ichijo Moment Th LLC
Mspt Civ LLC
Warranty Deed
—
Jun 29, 2022
—
Mspt Civ LLC
—
Deed
related
$17,370,000 · Cpif Mra LLC
Jul 1, 2021
$3,700,000
Mspt Civ LLC
K & K Redmond LLC
Warranty Deed
$2,500,000 · Banner Bank
Dec 26, 2002
$830,000
K E K Redmond LLC
Momna USA INC
Grant Deed
$600,000 · Pacifica Bank
Jul 11, 1990
—
Monma USA INC
Momma,takao&yuri
Grant Deed
related
—
Jul 22, 1988
$188,226
Takao Momma
Overlake
Grant Deed
—
—
—
K & K Redmond LLC
—
Deed Of Trust
related
$720,000 · United Commercial Bank
—
—
K & K Redmond LLC
—
Deed Of Trust
related
$690,000 · East West Bank
—
—
Monma USA Corp
—
Deed Of Trust
related
$105,000 · Partners Mortgage
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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