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    880 SE Pioneer Way Oak Harbor, WA 98277

    • Turn key restaurants
    • 5,377 SF
    • 0.13 lot acres
    For Sale
    View listing
    $699,999
    Value Estimation
    Location Intelligence
    Property ID
    US90-1215003
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Artists Lounge / Painting
    • Off The Hook / Bar & Grill / Bar
    • Queen Nails / Nail Salon

    Property Details for 880 SE Pioneer Way

    Year built
    1921
    Lot size
    0.13 lot acres
    Property size
    5,377 SF
    Zone code
    OH
    Property type
    Turn key restaurants
    APN
    S8180-00-00029-0
    APU
    S818000000290

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $420,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $430,000
      Mixed-Use
      $455,000
      Hospitality
      $475,000
      Educational
      $455,000
      Residential Income
      $390,000
      Energy
      $450,000
      Income-Based Land
      $410,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Island
    State
    Washington
    Longitude
    -122.647
    Latitude
    48.289
    CBSA code
    36020
    CBSA name
    OAK HARBOR, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $89,629
    $232,014
    $321,643
    -
    $89,629
    $232,014
    $321,643

    Comparable in this City

    • Value Estimation by Request
      5,360 SF

      31810 State Rte 20

      RESTAURANT • 5,360 SF
      31810 State Rte 20, Oak Harbor, WA 98277-5208
      View Details
    • Value Estimation
      $430,000
      4,438 SF

      630 Pioneer Way

      RESTAURANT • 4,438 SF
      630 Pioneer Way, Oak Harbor, WA 98277-5722
      View Details
    • Value Estimation
      $385,000
      2,520 SF

      40678 State Rte 20

      RESTAURANT • 2,520 SF
      40678 State Rte 20, Oak Harbor, WA 98277-7944
      View Details
    • Value Estimation
      $270,000
      1,552 SF

      940 Pioneer Way

      RESTAURANT • 1,552 SF
      940 Pioneer Way, Oak Harbor, WA 98277-5730
      View Details
    • Value Estimation by Request
      3,344 SF

      41020 State Rte 20

      RESTAURANT • 3,344 SF
      41020 State Rte 20, Oak Harbor, WA 98277-7947
      View Details
    • Value Estimation by Request
      3,366 SF

      31340 State Rte 20

      RESTAURANT • 3,366 SF
      31340 State Rte 20, Oak Harbor, WA 98277-3170
      View Details

    Similar Nearby for Sale

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      Oak Harbor Mixed-Use Building

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      Oak Harbor Restaurant/Bar Opportunity

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      Oak Harbor Commercial Building For Sale

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    Similar Nearby for Lease

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      Downtown Oak Harbor Office Building

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    • $28 SF/Yr
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      Ground-floor suite ideal for medical or office use.
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      View Details
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    880 SE Pioneer Way
    Oak Harbor, WA 98277
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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