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Property profile & analytics
FOR SALE
Drive through restaurants
9102 Rainier Ave S Seattle, WA 98118
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0386779
For Sale
1 / 4
$1,687,500
9102 Rainier Ave S, Seattle, WA 98118
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,290 SF
Lot
0.35 ac (15,379 SF)
Zoning code
NC3P-55 (M)
APN
426570-0195
UPID
US90-0386779
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
-
Jack in the Box Restaurant Take-out & Catering
-
Accident Injury Attorneys Seattle Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.45M
Owner & transaction history
Royal Real Estate Company · 5 yrs held
Royal Real Estate Company
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
NC3P-55 (M) · Seattle, 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 Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle 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
$1,445,000
ML approach
$1,445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±10% · vs last sale $1.45M (May 14 2021)
Last sale anchor
$1.45M
May 14 2021
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
$1,120 / 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
$11,819
Tax year 2022
Assessed value
$1,154,400
Assessed 2022
Previous assessed
$1,154,400
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$1,153,400
Assessed improvement
$1,000
Land market value
$1,153,400
Improvement market value
$1,000
Total market value
$1,154,400
Applied tax rate
10.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
1,290 SF
Lot
0.35 ac (15,379 SF)
Zoning code
NC3P-55 (M)
APN
426570-0195
UPID
US90-0386779
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
NC3P-55 (M) · Seattle, WA
Zoning NC3P-55 (M) · permitted uses
NC3P-55 (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Royal Real Estate Company
Entity
Mailing address
21121 35TH DR SE, BOTHELL, WA 98021-7092
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
—
Royal Real Estate Company
—
Deed
related
$5,000,000 · Us Metro Bank
Jul 27, 2022
—
Royal Real Estate Company INC
—
Deed
related
$1,160,000 · Verity Cu
May 14, 2021
$1,450,000
Royal Real Estate Company
Sas Property Group LLC
Warranty Deed
$1,011,000 · Grand Pacific Financing Corporation
Oct 7, 2019
$1,350,000
Sas Property Group LLC
Paguio Rosalinda C Trust
Warranty Deed
$350,000 · Bank Of The West
Jan 19, 2005
$910,800
Rosalinda C Paguio
Cnl Net Lease Funding 2003 LLC
Special Warranty Deed
$450,000 · Umpqua Bank
Oct 15, 2004
$650,000
Cnl Net Lease Funding 2003 LLC
Foodmaker INC
Grant Deed
related
$671,417 · Wells Fargo Bank
—
—
Paguio,rosalinda C Living Trust
—
Loan Modification
related
$341,648 · Umpqua Bk
—
—
Foodmaker INC
—
Deed Of Trust
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.
Try Rey
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