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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Drive through restaurants
9926 117th Ave Vancouver, WA 98662-1503
Individually Owned
5-yr Hold
Absentee Owner
Property ID
US90-0797868
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
CONCRETE
Total area
2,299 SF
Lot
0.76 ac (33,106 SF)
Zoning code
CC : CLK
APN
200124-000
UPID
US90-0797868
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
William Leonard · 5 yrs held
William Leonard
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CC : CLK · Vancouver, 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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
$2,610,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $2.00M (Sep 4 2020)
Last sale anchor
$2.00M
Sep 4 2020
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
$905 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,730
Tax year 2023
Assessed value
$1,274,614
Assessed 2023
Previous assessed
$1,158,740
+10.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$547,646
Assessed improvement
$726,968
Land market value
$547,646
Improvement market value
$726,968
Total market value
$1,274,614
Applied tax rate
10,284.0000
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
Off-Market
Year built
2020
Construction
CONCRETE
Heating
RADIANT
Stories
1
Bathrooms
2
Total area
2,299 SF
Lot
0.76 ac (33,106 SF)
Zoning code
CC : CLK
APN
200124-000
UPID
US90-0797868
Jurisdiction
CLARK
Zoning & alternative use
CC : CLK · Vancouver, WAZoning CC : CLK · permitted uses
CC : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Construction
CONCRETE
Heating
RADIANT
Stories
1
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
William Leonard
Individual
Mailing address
16565 MAPLE CIR, LAKE OSWEGO, OR 97034-5623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
$2,000,000
William Leonard
Maj Place Bp LLC
Warranty Deed
—
Feb 21, 2020
—
Department Of Transportation
Maj Place Bp LLC
Warranty Deed
—
Jan 10, 2020
—
Maj Place Bp LLC
—
Deed
related
—
Sep 12, 2019
$1,125,000
Maj Place Bp LLC
Mill Plain LLC
Warranty Deed
$3,900,000 · First Republic Bank
Sep 30, 2016
$225,000
Mill Plain LLC
Fox,gary A & Jamie L
Warranty Deed
$100,000 · William A & Michele M Maitland
Aug 6, 2014
—
Gary Fox
Fox Family Real Estate LLC
Quit Claim Deed
related
—
Oct 11, 2013
—
Fox Family Real Estate LLC
Fox,gary A W
Quit Claim Deed
related
—
Sep 30, 2013
—
Gary Fox
Campbell,cheryl L
Quit Claim Deed
related
—
Sep 17, 2008
—
Cheryl L Campbell
Campbell,berdena M
Quit Claim Deed
related
—
—
—
Maj Place Bp LLC
—
Loan Modification
related
—
—
—
Gary Fox
—
Deed Of Trust
related
$60,000 · Boeing Emps Cu
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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