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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Office buildings
1002 10th St Snohomish, WA 98290-8300
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US90-0066409
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1935
Construction
TYPE NOT SPECIFIED
Total area
4,476 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R7
APN
487700000511
UPID
US90-0066409
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
-
Judy Volmert MSW LCSW Foster Care Service Social Service Agency
-
David L. Phillips, MS Counselor Doctor
-
Gourley Law Group Law Firm
-
B Craig Gourley Law Offices Law Firm
-
Snohomish Escrow Inc Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$950k
Owner & transaction history
Office On Tenth LLC · 22 yrs held
Office On Tenth LLC
since 2004
7 recorded transactions
Zoning & alternative use
R7 · Snohomish, WA
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 Snohomish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snohomish 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,415,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,540,000
Change: -4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,355,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$1,295,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
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
$212 / 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
$6,869
Tax year 2023
Assessed value
$783,000
Assessed 2023
Previous assessed
$743,000
+5.4% YoY
Effective rate
0.88%
On assessed value
Assessed land
$407,400
Assessed improvement
$375,600
Land market value
$407,400
Improvement market value
$375,600
Total market value
$783,000
Applied tax rate
735.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1935
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
2
Bathrooms
0
Total area
4,476 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R7
APN
487700000511
UPID
US90-0066409
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R7 · Snohomish, WAZoning R7 · permitted uses
R7 · Snohomish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ord 2296 Development Code
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1935
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
0
Lot
0.3 ac
Current owner
From public records · entity-resolved
Office On Tenth LLC
Entity
Mailing address
PO BOX 1091, SNOHOMISH, WA 98291-1091
Ownership since
2004
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
Jan 7, 2020
—
Office On Tenth LLC
—
Deed
related
$473,000 · Bank Of America
Dec 20, 2017
—
Office On Tenth LLC
—
Deed
related
$495,000 · Banner Bk
Jul 28, 2004
$500,000
Office On Tenth LLC
Kirtley,ralph R & Ana L
Grant Deed
$370,000 · Ralph R & Anna L Kirtley
Dec 27, 2001
—
Ralph R Kirtley
Cole,gordon H & Christine L
Quit Claim Deed
related
—
—
—
Tenth Street LLC
—
Deed Of Trust
related
$20,584 · Gaumer T F Living Trust (lt)
—
—
Office On Tenth LLC
—
Deed Of Trust
related
$250,000 · American West Bank
—
—
Kc Partnership
—
Deed Of Trust
related
$230,000 · Individual
—
—
Office On Tenth LLC
—
Deed Of Trust
related
$473,000 · Bank Of America
—
—
Eugene E Ocampo
—
Deed Of Trust
related
$50,000 · Gmac Mortgage Corp
—
—
Office On Tenth LLC
—
Deed Of Trust
related
$495,000 · Banner Bk
—
—
Shari A Wulf
—
Deed Of Trust
related
$343,000 · Gaumer T & S Living Trust (lt)
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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